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$900,000
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Property Description
Rare opportunity to own a fully renovated commercial property in one of Maine's most desirable midcoast towns. Offering exceptional flexibility and visibility, this versatile property is ideal for a restaurant, office headquarters, event or wedding venue, brewery, retail concept, or mixed-use business venture. Currently configured as a restaurant seating up to 80 guests, the building offers excellent flow and functionality with room to expand or reimagine the space to suit your vision. The thoughtfully designed commercial kitchen infrastructure, spacious prep areas, large storage coolers, and state-of-the-art tap system create endless possibilities for hospitality, catering, or entertainment-focused operations. In 2024, the property underwent an extensive top-to-bottom renovation, including updated wiring, insulation, furnace, cooling system, and heat pumps -- delivering modern comfort, efficiency, and reliability for years to come. The expansive backyard provides an ideal setting for outdoor dining, weddings, receptions, live music, private gatherings, and seasonal events. The property also directly abuts a snowmobile trail system, adding unique appeal for destination dining, tourism-based businesses, and Maine's four-season recreational lifestyle. A separate building offers added flexibility and could serve as office space, guest accommodations, rental space, or a complementary business use. Set on a generous lot with abundant parking, this property combines location, infrastructure, and exceptional versatility in the heart of Maine's vibrant midcoast region. Price does not include restaurant equipment. Property can be sold as a turnkey restaurant. See MLS 1657354. Owner financing available to qualified buyers. Financial and other information provided with NDA and proof of funds
Full Property Details
Full Property Details for 181 Waterville Rd
General
- Price: $900,000
- Taxes: $7,183 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1640672
- Updated: 5/22/2026
- Added to Site: 229 day(s) ago
Business
- Business Type: Freestanding Building, Restaurant
Interior
- Interior Features: Storage
- Flooring: Concrete, Heavy Duty, Tile
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: Electric, Propane, Forced Air, Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Construction: Wood Frame, Wood Siding
- 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: $7,183
- Tax Year: 2025
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 ATTOM Data Solutions 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
5/15/2026
Price Reduced
$900,000
-25%
MLS
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 $900,000 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.

