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Cale Roberts
REALTOR®
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157 Main Street, Belgrade, ME 04917

$2,695,000
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Active
SQUARE FEET13,179 MLS#1656478
STATUSActive PROPERTY TYPECommercial - Business

Property Description

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.

157 Main Street | MLS# 1656478

This commercial property located at 157 Main Street, Belgrade, ME 04917 is currently listed for sale with an asking price of $2,695,000. Search Belgrade real estate on caleroberts.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Business
Basement: Dirt Floor, Walk-Out Access, Daylight, Finished, Sump Pump, Slab, Unfinished
Basement: Yes
Cooling: Heat Pump, Window Unit(s)
Heating: Oil, Propane, Wood, Baseboard, Heat Pump, Hot Water, Zon
Lot Size: 0.89 Acres
Roof Type: Metal
Taxes: $14,108
Year Built: 1899

Feature Descriptions

Accessibilitiy: Level Entry, Accessible Approach with Ramp
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Clapboard, Vinyl Siding, Wood Siding
Flooring: Carpet, Concrete, Tile, Vinyl, Wood
Foundation: Stone, Granite, Gravel/Pad, Poured Concrete
Lot: Deep Water Access, Near Shopping, Rural, Water View, Waterfront
Parking: 21+ Spaces, On Site, Off Street
Sewer: Private Sewer, Septic Design Available, Septic Tank
Water: Private, Well

Listed By / Shown By

Listed By

Agency Name: Portside Real Estate Group
Agent Name: Stephanie Gardner
Agency Phone: 207-495-3700

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Shown By

Agent Name: Cale Roberts
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/09/2026. The listing information on this page last changed on 06/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/09/2026 12:00:51 AM EST) or MLSPIN MLS (last updated Mon 06/08/2026 11:38:25 PM EST) or Prime MLS (last updated Mon 06/08/2026 11:33:17 PM EST) or MREIS (last updated Mon 06/08/2026 11:55:13 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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.

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