181 Waterville Rd 4,500 SF 100% Leased Retail Building Belfast, ME 04915 $850,000 ($188.89/SF) 4.82% Cap Rate

This versatile commercial property offers far more than a successful restaurant operation. With exceptional visibility from a well-traveled road, a generous lot, ample parking, and a location just three miles from downtown in one of Maine's most desirable Midcoast communities, the possibilities are extensive. Currently operating as a restaurant with seating for approximately 80 guests, the property is equally well suited for a brewery, taproom, sports bar, catering headquarters, event venue, retail business, professional offices, or a mixed-use commercial enterprise. A fenced area at the front of the building provides outdoor dining space for guests, while the expansive rear yard offers tremendous potential for future outdoor events, seasonal gatherings, live entertainment, weddings, food truck festivals, or expanded seating. Direct access to a snowmobile trail running behind the property creates a unique opportunity to attract winter traffic, making it a natural destination for snowmobilers seeking food, beverages, and entertainment. In 2024, the entire property underwent a comprehensive top-to-bottom renovation, including new electrical wiring, insulation, furnace, cooling systems, and heat pumps, providing a turnkey opportunity with minimal anticipated capital expenditures. The commercial kitchen, dining areas, and service spaces are ready for immediate operation, while the state-of-the-art tap system features glycol-chilled lines that deliver perfectly cold draft beer from the very first pour. An extensive outdoor walk-in cooler provides exceptional storage capacity for restaurant operations, catering services, beverage distribution, or event support. A second building on the property further expands the possibilities. Currently utilized as a residential rental, it could easily serve as professional office space, retail space, a bakery, coffee shop, ice cream stand, specialty food operation, or additional dining and event space. The flexibility of the layout allows an owner to create multiple income streams from a single location. Owner financing is available to qualified buyers Whether you envision a destination restaurant, lively tavern, catering and event business, brewery, office headquarters, retail concept, or a combination of uses, this fully renovated property offers the infrastructure, visibility, location, and flexibility to bring your vision to life. Rarely does a commercial property combine strong existing business operations with so many opportunities for future growth and expansion.