About this home
DON'T MISS THIS OPPORTUNITY FOR A FULLY RENOVATED BUSINESS LOCATION WITH OWNER FINANCING! Due to an issue with the buyer's financing, this property is back on the market. 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. Owner financing available to qualified buyers. 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. Any equipment on the property can be included in the price.
Listing last checked: Listing updated:
Listed by Listing Agent · Harcourts Waterfront & Fine Properties · MLS #1657354
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Details at a glance
Interior3 property facts
- Heating
- Electric, Propane, Forced Air, Heat Pump
- Cooling
- Heat Pump
- Flooring
- Concrete, Tile
Building4 property facts
- Style
- General Commercial
- Year built
- 1988
- Foundation
- Slab
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 2.74 acres
- Water
- Private, Well
- Sewer
- Septic Tank
- Zoning
- Special Use
Financial2 property facts
- Annual taxes
- $7,183
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $750,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,391 / monthAdjust
- Principal & interest
- $3,792
- Property tax
- $599
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,183. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 181 Waterville Road
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Request a tour of 181 Waterville Road and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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