Belgrade
$2,695,000
157 Main Street
mls: 1656478
Bathrooms: 0
Year Built: 1899
Sq Footage: 13,179
Lot Size: 0.89
Taxes: $14,108
Status: Active

Exceptional investment opportunity in the heart of the Belgrade Lakes Region! Formerly home to the renowned Village Inn & Tavern, this landmark waterfront property offers significant potential.

Listed by: Portside Real Estate Group

Exceptional investment opportunity in the heart of the Belgrade Lakes Region! Formerly home to the renowned Village Inn & Tavern, this landmark waterfront property offers significant potential. Anchoring the offering is a 5700+/- SF lodge-style waterfront tavern formerly recognized for its award-winning dock and dine experience. The restaurant portion of the property presents a rare turnkey opportunity being fully furnished and equipped, including a commercial-grade kitchen, bar infrastructure, dining furnishings, and operational fixtures. Investors and operators can capitalize on the existing layout and infrastructure to expedite reopening, reposition the concept, or establish a new destination venue with significantly reduced startup costs. Its established reputation, waterfront appeal and ready-to-operate condition create an exceptional value-add opportuniity in a highly sought-after recreational market. Additionally, the property has eight beautifully renovated hospitality suites that showcase an elevated camp-style design, combining timeless character with contemporary amenities; each has a private bathroom, creating a turnkey foundation for lodging/hospitality. The property also includes spacious owner's quarters, ideal for an on-site owner or caretaker to support seamless operations. Perfectly positioned on a rare waterfront parcel with frontage on both Long Pond and Great Pond--two of the region's highly sought-after lakes--the property enjoys an irreplaceable setting at the center of one of Maine's premier destinations. Guests and visitors can enjoy direct access to boating, fishing, recreation, local dining and the vibrant village atmosphere that has made the Belgrade Lakes a destination for generations. With its unmatched location, established history, significant waterfront presence, and flexible commercial potential, this offering presents a compelling opportunity for investors seeking to capitalize on Maine's thriving tourism markets.

Listed by: Portside Real Estate Group

Accessibility Features
Level Entry, Accessible Approach with Ramp
Appliances
Architectural Style
Basement
Dirt Floor, Walk-Out Access, Daylight, Finished, Sump Pump, Slab, Unfinished
Bathrooms Total Integer
0
Body Type
Building Area Total
13179.00
Construction Materials
Wood Frame, Clapboard, Vinyl Siding, Wood Siding
Cooling
Heat Pump, Window Unit(s)
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Carpet, Concrete, Tile, Vinyl, Wood
Foundation Details
Stone, Granite, Gravel/Pad, Poured Concrete
Green Energy Efficient
Heating
Oil, Propane, Wood, Baseboard, Heat Pump, Hot Water, Zoned, Other
Heating Yes/No
1
Interior Features
Storage
Laundry Features
Lot Features
Deep Water Access, Near Shopping, Rural, Water View, Waterfront
Lot Size Acres
0.8900
Other Equipment
Internet Access Available
Other Structures
Parking Features
21+ Spaces, On Site, Off Street
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Metal
Sewer
Private Sewer, Septic Design Available, Septic Tank
Tax Annual Amount
14108.00
Utilities
Water Source
Private, Well
Waterfront Features
Deeded, Dock, Lake/Fresh Water, River/Brook/Stream, Waterfront Deep
Waterfront Yes/No
1
Year Built
1899
Zoning
SHORELAND