About this home
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.
Listing last checked: Listing updated:
Listed by Listing Agent · Malone Commercial Brokers, Inc. · MLS #1671234
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Details at a glance
Interior3 property facts
- Heating
- Oil, Propane, Wood, Baseboard, Heat Pump, Hot Water, Zoned, Other
- Cooling
- Heat Pump, Window Unit(s)
- Flooring
- Carpet, Concrete, Tile, Vinyl, Wood
Building4 property facts
- Style
- General Commercial
- Year built
- 1899
- Foundation
- Stone
- Roof
- Metal
Land & utilities5 property facts
- Lot size
- 0.89 acres
- Water
- Private, Well
- Sewer
- Private Sewer, Septic Tank, Holding Tank
- Waterfront
- Y
- Zoning
- SHORELAND
Financial2 property facts
- Annual taxes
- $14,108
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $2,100,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,794 / monthAdjust
- Principal & interest
- $10,619
- Property tax
- $1,176
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $14,108. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 157 Main Street
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