Commercial Listing

1184 West Rd, Belgrade, ME 4917

$1,988,000 After Repair Value -
$1,988,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $1,988,000

After Repair Value $1,988,000

Costs of Repairs $0

Potential Profit $0

Living Area 3100 ft2

Property Type Multi-Family

Bedrooms 6

Bathrooms 5

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Nestled at the head of Belgrade Village on a private and serene 3.28-acre lot, this unique property boasts a rich history as the former site of the 90-room Belgrade Hotel.

This is also the property where The Village Peddler operated. Currently configured as three apartment units and a single wide home on lot 14, this expansive property offers an array of possibilities to savvy investors. The property comes with deeded access to a private waterfront beach lot on Long Pond just a short walk away, your tenants can enjoy the sandy beach, stunning sunsets, and endless lakefront entertainment. Fishing, swimming, and quality time with friends and family are all right at their fingertips!

The charming Belgrade Village community offers a wealth of outdoor activities, including snowmobile trails, the Belgrade Lakes Golf Course, and a recreation center. The Village Green Park is just across the street and dinning and shopping is just down the street. Plus, you\'re just 20 minutes from Augusta, Maine General, and the highway, 25 minutes from Togus VA Hospital, and an hour from Sugarloaf for skiing. This is a truly rare opportunity for investors with endless opportunities to turn this apartment complex into your dream and profitable property. Don\'t miss your chance to own a piece of Belgrade Village history and create a lifetime of memories. Additionally, this sale includes a property a 1975 Single Wide home & property at 1184 West Rd Belgrade complete with its own well and septic. Note: Septic design is unknown; the number of bedrooms it is designed for.


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