Mixed-Use Retail and
14 Lakeshore Drive, Belgrade, ME 04917
COMMERCIAL - Belgrade, ME
Property size:
4,500 SFLot size:
3.28 AcresPrice / SF:
$175/SF- Added:
- Jun 16, 2026
- Days on Market:
- 16
- Last Refresh:
- Jul 1 at 4:06 pm
Property Features for 14 Lakeshore Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Unfinished, Full, Sump Pump
- Standard status
- Active
- Size
- 4,500 SF
- Lot size
- 3.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5832
Utilities
- Sewer type
- Septic Tank, Private Sewer
- Heating system
- Forced Air, Baseboard, Hot Water(Heating), Natural Gas, Oil
- Water source
- Well, Private
- Water front features
- Waterfront
- Water front
- 1
Building Details
- Year built
- 1973
- Flooring type
- Concrete, Laminate, Tile, Wood, Carpet, Vinyl
- Building materials
- Mobile, Wood Frame, Aluminum Siding, Wood Siding, Other Exterior
- Roof type
- Shingle, Metal
Listing agent Kim Moxcey (207) 242-2674
Listing office Century 21 Nason Realty 11 Bay Street, Winslow, ME (207) 873-2119
Listing date Jun 16, 2026
MLS# 1658216
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Building built in 1973 with 3 apartments plus a separately rented mobile home on the lot
- Approximate total square footage applies to the entire building (not just the commercial space)
- Large corner lot includes an office area off of the garage and a commercial retail space (retail SF approximate)
- Deeded common lot access to Long Pond included, just a short walk away
- Water from well/private; septic tank/private sewer
- Roof includes shingle and metal; heating includes natural gas and oil along with forced air and baseboard
Overview
This mixed-use property includes a retail shop building with an office area accessible off the garage. The site has been used as “The Village Peddler Gift Shop” for 40+ years, and the building also contains three apartments. In addition to the main structure, there is a mobile home located on the lot that is currently rented. The approximate square footage provided applies to the entire building, and retail square footage for the shop is approximate only.
The property is situated on a large corner lot near Belgrade Village, next door to Sunset Grill Restaurant. The deeded common lot to Long Pond comes with the property and is described as a short walk away. The asset is also identified as the former Belgrade Hotel site, which was lost in 1956.
For buyers or operators looking for a property with on-site residential income alongside a commercial component, this setup offers flexible space planning with both retail and an office area. The combination of retail-ready frontage and multiple living units may appeal to users seeking a mixed-use hold where day-to-day operations can coexist with established rental arrangements. Prospective tenants and buyers should review the offering materials for income details and for any specifics regarding the commercial area dimensions.
The property is situated on a large corner lot near Belgrade Village, next door to Sunset Grill Restaurant. The deeded common lot to Long Pond comes with the property and is described as a short walk away. The asset is also identified as the former Belgrade Hotel site, which was lost in 1956.
For buyers or operators looking for a property with on-site residential income alongside a commercial component, this setup offers flexible space planning with both retail and an office area. The combination of retail-ready frontage and multiple living units may appeal to users seeking a mixed-use hold where day-to-day operations can coexist with established rental arrangements. Prospective tenants and buyers should review the offering materials for income details and for any specifics regarding the commercial area dimensions.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.2k | $21.60 |
| − Vacancy | −$12.4k | −$2.75 |
| EGI | $84.8k | $18.85 |
| − OpEx | −$21.2k | −$4.71 |
| NOI | $63.6k | $14.14 |
4,500 SF · lease $21.60/SF/yr · vacancy 12.74% · expense 25.00%
Alternative Uses
Best Use
Office B
$908.8K
$795.2K – $1.06M
NOI $63,613 @ 7.0% cap · market cap 8.06%
Second Best
Multifamily LT 5
$717.9K
$628.2K – $837.6K
NOI $50,254 @ 7.0% cap · market cap 6.37%
Theoretical Best
Warehouse
$6.71M
$5.87M – $7.83M
NOI $469,949 @ 7.0% cap · market cap 59.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Belgrade
- County
- Kennebec
- State
- Maine
- Longitude
- -69.8865764
- Latitude
- 44.5231289
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Corner-lot mixed-use property with retail space, office area, three apartments, and a rented mobile home on-site.
Where is this triplex located?
The property is located at 14 Lakeshore Drive Belgrade, ME.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Building built in 1973 with 3 apartments plus a separately rented mobile home on the lot; Approximate total square footage applies to the entire building (not just the commercial space); Large corner lot includes an office area off of the garage and a commercial retail space (retail SF approximate)
