157 Main Street Belgrade, ME

$2,500,000
Beds 11
Baths 13
Square Footage 11,865
Acres 0.89
Photo of 157 Main Street Belgrade ME 04918




Description

Welcome to The Village Inn & Tavern, an iconic waterfront property in the heart of Belgrade Lakes Village offering a rare opportunity to own one of Maine's premier hospitality destinations. Situated on approximately 0.89± acres with 250± feet of waterfront on Long Pond and Mill Stream providing access to Great Pond. The property features 8-10 guest rooms, an owner's residence, a waterfront restaurant and tavern, multiple indoor and outdoor dining areas, private docks with 8 seasonal boatslips on Great Pond and 1-2 seasonal slips on Long Pond, expansive event lawns, and ample on-site parking. Located within walking distance of Belgrade Lakes Village shops, golf, boating, and year-round recreation, this is a truly irreplaceable waterfront asset in one of Maine's most desirable lake destinations. Fully licensed, turnkey & grandfathered which offers a noteworthy portfolio investment opportunity with differentiated de-risked income streams which all provide a passive income investment versus the operational overhead of running a restaurant.


Listed by Malone Commercial Brokers, Inc., Cheryl Bonawitz 207-772-2422

Details

MLS 1671235
Status Active
Price $2,500,000
DOM 28 days
Type Single Family
Beds 11
Baths 9 full, 4 half baths
Square Feet 11,865 sqft
Lot Size 0.89 acres
Year Built 1899
Taxes Paid $14,108

Lot & Building Features

Amenities 1st Floor Bedroom, Main Level, Other Amenities, Pantry, Shower, Storage
Cooling Heat Pump, Window Unit(s)
Heating Oil, Propane, Wood, Baseboard, Heat Pump, Hot Water, Zoned, Other
Parking Description Gravel, Paved, 21+ Spaces, On Site, Off Street
Tax Year 2025
Taxes Paid $14,108
Water Private, Well
Water Heater Off Heating System
Fireplaces 3

Room Details

Basement Description Exterior Entry, Interior Entry, Dirt Floor, Walk-Out Access, Daylight, Finished, Sump Pump, Unfinished, Slab

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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