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Investment Highlights

  • 10 UNITS; 1 RESTAURANT-DOCK & DINE; 150 SEAT DINING ROOM, COMMERCIAL KITCHEN
  • (1) 2 BEDROOM APARTMENT; WATER FRONT ON GREAT POND; WATER VIEW OF LONG POND
  • 8 LODGING ROOMS EACH WITH THEIR OWN BATHROOMS

Executive Summary

Highlights:
14,179 SF Waterfront Property
Ten Unit Investment Property:
*1 Restaurant [Dock & Dine]
*150-Seat Lakefront Restaurant/Wedding/ Event Facility – expansive commercial kitchen, fireside lounge, lake level pub, lakeside dining room, (2) waterfront dining & event lawns, currently available for triple-net lease. All licenses in place – food, liquor, lodging, retail
*8 Lodging Rooms each with their own private bathrooms.
*2 Bed / 1 Bath Apartment
Docks and owned waterfront on Great Pond & Long Pond
Onsite Parking
Synopsis: Exceptional investment opportunity in the heart of the Belgrade Lakes Region! 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 hospitality, and waterfront real estate markets. Properties with this combination of village convenience, dual-lake exposure, and income-producing potential are extremely rare.

Property Facts

Price $2,695,000
Price Per Room $336,875
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.89 AC
Building Size 12,081 SF
No. Rooms 8
No. Stories 2
Year Built/Renovated 1899/2014
Parking Ratio 1.16/1,000 SF
Corridor Interior
Zoning Shoreland general develop - SHORELAND ZONE; GENERAL DEVELOPMENT

Amenities

  • Restaurant
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 8 $295.00 -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 40900789

  • Date on Market: 6/12/2026

  • Last Updated:

  • Address: 157 Main St, Belgrade, ME 04917

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