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
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
