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    Belgrade, ME
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    Belgrade, ME Multifamily Properties for Sale

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    Sidney, ME Mount Vernon, ME Augusta, ME Manchester, ME Oakland, ME Readfield, ME Rome, ME Vassalboro, ME
    Mixed-Use Waterfront Income Property
    Updated: Apr 8
    Mixed-Use Waterfront Income Property

    14 Lakeshore Drive, Belgrade, ME 04917

    $789,000
    4,500 sqft
    Owners built in 1973; home includes 3 separate rented living spaces (3 apartments).
    Additional commercial storefront on‑site is kept vacant.
    An older mobile home on the property is rented out.
    Short walk to shared frontage on Long Pond.
    Water frontage is referenced from Book 20, Page 73 (Tobey’s Plan).
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    This listing looks promising.

    Here's a quick look at some key insights for

    14 Lakeshore Drive, Belgrade, ME 04917

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $50K
      Annual

    • Price @ 7% Cap

      $718K
      Suggested
    View Property Analytics
    Mixed-Use Property with Lake Access
    Updated: Jul 15
    Mixed-Use Property with Lake Access

    14 Lakeshore Drive, Belgrade, ME 04917

    $789,000
    4,500 sqft 3.28 AC lot
    3.28‑acre parcel with shared frontage on Long Pond
    4,500‑square‑foot mixed‑use building built in 1973
    Three separate apartments are currently rented
    Additional rented mobile home on the property
    Vacant storefront space included in the main building
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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    14 Lakeshore Drive, Belgrade, ME 04917

    $789,000
    4,500 sqft 3.28 AC lot

    Commercial space, three apartments, and a rented mobile home occupy this multi-component property near Belgrade Village.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Belgrade, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Bed-and-Breakfast with Water Views
    Historic Bed-and-Breakfast with Water Views

    9 Dry Point Drive, Rome, ME 04963

    $769,000
    5,200 sqft 1.65 AC lot

    Furnished lodging property with guest rooms, a wraparound porch, and access to year-round outdoor recreation.

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    Historic Bed & Breakfast with Water Views
    Historic Bed & Breakfast with Water Views

    9 Dry Point Drive, Rome, ME 04963

    $799,900
    5,200 sqft

    Furnished lodging property with period construction details and a wraparound porch.

    View details
    Lakefront Short-Term Rental Home
    Lakefront Short-Term Rental Home

    18 Belgrade Road, Oakland, ME 04963

    $499,900
    3,413 sqft

    Multi-level lakefront home with an in-law apartment, landscaped grounds, and direct access to Messalonskee Lake.

    View details
    Two-Unit Duplex With Office Space
    Two-Unit Duplex With Office Space

    11 Church Street, Oakland, ME 04963

    $299,900
    2,600 sqft

    Separate utilities let each unit carry its own heat and electricity costs.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Augusta Buildable Lot For Sale
    Augusta Buildable Lot For Sale

    214 Mount Vernon Avenue, Augusta, ME 04330

    $49,900
    0.36 AC lot

    0.36 acre lot with public utilities, mobile homes allowed.

    View details

    Belgrade, ME Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Belgrade, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,500 square feet of properties for sale, with an estimated market value of $2,367,000.

    Sale prices for multifamily properties in Belgrade, ME average $789,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

    Population 3,298
    Population Growth (5Y) +16.1%
    Median Household Income $86,021
    College Educated 71.8%

    High-Yield Neighborhoods for Investment

    Identify Belgrade submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04917 $789K

    Taxes & Financing

    Tax Rate (average for all types) 0.90%
    Property Tax per SF $32.80 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kennebec County

    New Delisted

    Total CRE Inventory on Market (SF)

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