181 Waterville Road, Belfast, ME 04915

$1,200,000
Property Type: Commercial Square Footage: 4,832 Lot Size (sq. ft.): 119,354 Status: Active
Current Price: $1,200,000 List Date: 10/13/2025 Last Modified: 3/12/2026

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

Supplements: ********

More Information MLS# 1640672

Location Information

Book: 5113 Leased Land: No Page: 124 Map: 6 Lot: 87-A Zoning Overlay: No Tree Growth Y/N: No Association Y/N: No Street #: 181 Street Name: Waterville Street Type: Road County: Waldo Town: Belfast State/Province: ME Zip Code: 04915 Zip +4: 7613 Zoning: Special Use Full Tax Amount $: 7183 Tax Year: 2025 Geo Lat: 44.444753 Geo Lon: -69.060442

Property Information

Primary Use: General Commercial Surveyed: No Deed/Conveyance Type Offered: Quit Claim w/Covenant Deed: All Deed Restrictions: Yes Bank Owned REO: No Lot Size Acres +/-: 2.74 Year Renovated +/-: 2023 Tenancy: Multiple Tenants Leases: No Road Frontage +/-: 190 Total # Floors: 1 Year Built: 1988 SqFt Finished Total: 4832

Location

Near Shopping: 1 Other Location: 1

Water Info

Water Frontage: No Water View: No

Property Uses

Freestanding Building: 1 Restaurant: 1

Recreational Water

Nearby: 1 River/Brook/Stream: 1

Construction

Wood Frame: 1

Basement

None: 1 Slab: 1

Foundation Materials

Slab: 1

Exterior

Wood Siding: 1

Roof

Pitched: 1 Shingle: 1

Heat System

Forced Air: 1 Heat Pump: 1

Heat Fuel

Electric: 1 Propane: 1

Cooling

Heat Pump: 1

Floors

Concrete: 1 Heavy Duty: 1 Tile: 1

Accessibilitiy Amenities

Level Entry: 1

Building Features

Cable: 1 Internet Access Available: 1 Security System: 1 Storage: 1

Parking

21+ Spaces: 1 On Site: 1 Paved: 1

Electric

Circuit Breakers: 1 Generator Hookup: 1

Utilities

Utilities On: Yes

Gas

Bottled: 1

Sewer

Septic Tank: 1

Water

Private: 1 Well: 1

Listing Terms

Owner May Carry: 1

Contract Information

Status: Active Original List Price: 1500000 List Price: $1,200,000 Current Price: $1,200,000

Property Features

Location: Near Shopping; Other Location Recreational Water: Nearby; River/Brook/Stream Construction: Wood Frame Property Uses: Freestanding Building; Restaurant Basement: None; Slab Foundation Materials: Slab Exterior: Wood Siding Roof: Pitched; Shingle Heat System: Forced Air; Heat Pump Heat Fuel: Propane Cooling: Heat Pump Floors: Concrete; Heavy Duty; Tile Building Features: Cable; Internet Access Available; Security System; Storage Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers; Generator Hookup Gas: Bottled Sewer: Septic Tank Water: Private; Well Listing Terms: Owner May Carry
Listing Office: Harcourts Waterfront & Fine Properties
IDX
Last Updated: March - 12 - 2026
Broker Attribution: charlene@harcourtswfp.com

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