181 Waterville Road, Belfast, ME, 04915 | $1,200,000

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

Features

  • Property Type: General Commercial
  • Construction: Wood Siding, Wood Frame
  • Parking: 21+ Spaces, On Site, Paved
  • Heating: Heat Pump, Forced Air
  • Cooling: Heat Pump
  • Amenities: Storage
  • Zoning: Special Use
  • Frontage: 190
  • Year Built: 1988
  • Approx Sq. Feet: 4,832
  • Acreage: 2.74
  • Est. Taxes: $7,183
  • Lot Desc: Other Location, Near Shopping
  • MLS#: 1640672
  • Website: https://www.raveis.com
    /prop/1640672/181watervilleroad_belfast_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
©2026 Maine Real Estate Information System, Inc. All Rights Reserved.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Annette MaggioSales Associate

561.325.1776

Annette.Maggio@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable