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$1,200,000
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Property Description
Bowen's Pizzeria and Deli Turnkey Restaurant Opportunity Discover a rare chance to own a thriving, fully renovated restaurant in one of Maine's most desirable midcoast towns. Bowen's Pizzeria and Deli has a loyal customer base, strong financials, and a reputation for exceptional, high-quality food. This established business is ready for its next chapter. The restaurant currently seats 80, with room to expand both indoors and out. The fully equipped kitchen is a chef's dream -- thoughtfully designed for efficiency and versatility, with the capacity to feature a wide range of cuisines or signature dishes. Large coolers provide ample food storage, and the state-of-the-art beer and tap system complements the dining experience. A section of the restaurant features family-friendly arcade games, offering both additional income and an inviting, fun atmosphere that keeps guests of all ages entertained. In 2024, the entire property underwent a top-to-bottom renovation, including new wiring, insulation, furnace, cooling system, and heat pumps -- ensuring modern comfort and reliability for years to come. Guests can enjoy outdoor dining in the fenced-in yard, creating a welcoming space for warm-weather service and special events. A separate outbuilding provides even more opportunity -- perfect for an office, rental unit, or a complementary business such as an ice cream stand. Set on a generous lot with plenty of parking, this property combines the best of location, condition, and potential. Whether you're an experienced restaurateur or an entrepreneur with a vision, this turn-key opportunity places you right at the heart of Maine's vibrant midcoast dining scene. Financial and other information provided with NDA and proof of funds
Full Property Details
Full Property Details for 181 Waterville Rd
General
- Price: $1,200,000
- Taxes: $4,954 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1640672
- Updated: 2/24/2026
- Added to Site: 135 day(s) ago
Business
- Business Type: Freestanding Building, Restaurant
Interior
- Interior Features: Storage
- Flooring: Tile, Heavy Duty, Concrete
Additional Information
- Equipment: Internet Access Available, Cable
Parking
- Parking Features: 21 or More Spaces, On-Site Parking, Paved
Location
- County: Waldo
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Forced Air
Utilities
- Sewer: Septic Tank
- Water: Well, Private
- Well: Yes
Structural Information
- Construction: Wood Siding, Wood Frame
- Roof: Pitched, Shingle
- Stories/Levels: 1
- Building Size: 4832
- Square Feet: 4,832
- Living Area: 4,832 Sq. Ft.
- Year Built: 1988
- Other Struct. Feat.: Security System
Lot Features
- Lot Size (Acres): 2.74
- Lot Size (Sq. Ft.): 119,354.4
- Zoning: Special Use
- Lot Description: Other Location, Near Shopping
Financial Considerations
- Tax Amount: $4,954
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 87-A
Listed by Harcourts Waterfront & Fine Properties (877) 276-5859
Get Pre-Approved Today
Schools
Schools serving 181 Waterville Rd
School District:Regional School Unit 71
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 181 Waterville Rd
Date
Details
Price
Change
Source
10/13/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 181 Waterville Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,183
45%
$439,600
37%
2024
$4,954
-8%
$321,700
20%
2023
$5,387
-6%
$268,000
—
2022
$5,735
-3%
$268,000
—
2021
$5,896
-6%
$268,000
—
2020
$6,244
2%
$268,000
—
2019
$6,137
1%
$268,000
—
2018
$6,084
4%
$268,000
—
2017
$5,869
-1%
$268,000
3%
2016
$5,947
2%
$259,700
—
2015
$5,817
3%
$259,700
—
2014
$5,623
4%
$259,700
—
2013
$5,402
—
$259,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 181 Waterville Rd
181 Waterville Road, Belfast, ME 04915 (MLS# 1640672) is a Commercial property. 181 Waterville Road is currently listed for $1,200,000 and was received on October 13, 2025. Want to learn more about 181 Waterville Road? Do you have questions about finding other Commercial real estate for sale in Belfast? You can browse all Belfast real estate or contact a Coldwell Banker agent to request more information.

