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Property Description
Position your business for success in one of Maine's most desirable midcoast towns with this fully renovated, highly adaptable commercial property. Currently operating as a restaurant, the main building is designed for hospitality use with seating for approximately 80 and room to expand indoors or out. The layout easily supports a restaurant, bar, café, tasting room, or brewery, yet its open flow and updated systems also make it ideal for boutique retail, professional offices, studio space, or other customer-focused ventures. In 2024, the property underwent a complete renovation including new wiring, insulation, furnace, cooling system, and heat pumps -- delivering modern efficiency and reliability for years to come. The large lot creates exceptional outdoor potential. The fenced yard and open space are well suited for seasonal dining, special events, or even an outdoor wedding venue. Ample on-site parking supports both daily business and larger gatherings. A separate small building, currently configured as an apartment, adds flexibility and additional income opportunity. Continue residential use or convert it into an ice cream stand, coffee bar, retail shop, office, or studio that complements your primary operation. A nearby snowmobile trail brings valuable winter traffic, helping extend activity beyond the traditional midcoast season and supporting true four-season business potential. MLS 16400672 includes the buildings, land, and existing restaurant equipment, offering a true turn-key opportunity for buyers who wish to continue restaurant operations or launch a new concept. With location, infrastructure, parking, and expansion potential already in place, this is a rare opportunity to own commercial property that can evolve with your vision. Financial and additional information available with NDA and proof of funds.
Full Property Details
Full Property Details for 181 Waterville Rd
General
- Price: $1,000,000
- Taxes: $7,183 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1657354
- Updated: 4/10/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Commercial, Freestanding Building
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: $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
4/10/2026
Listed
$1,000,000
—
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# 1657354) is a Commercial property. 181 Waterville Road is currently listed for $1,000,000 and was received on April 10, 2026. 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.

