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    Belgrade, ME
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    Belgrade, ME Multifamily Properties for Sale

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    Waterfront Multi-Unit Property with Storefront
    Updated: Jul 15
    Waterfront Multi-Unit Property with Storefront

    14 Lakeshore Drive, Belgrade, ME 04917

    $789,000
    4,500 sqft 3.28 AC lot
    Waterfrontage on Long Pond with shared front frontage and a short walk to the lakeshore.
    1973‑built home with 3 separate rented living spaces (3 apartments) plus a storefront commercial space kept vacant.
    Includes an in‑law apartment and multiple bathrooms with 1st floor bedroom.
    Also features an older mobile home on‑site that is rented out.
    Private services: private well water and private sewer/septic tank.
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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 Corner Property with Apartments
    Updated: Jul 15
    Mixed-Use Corner Property with Apartments

    14 Lakeshore Drive, Belgrade, ME 04917

    $789,000
    4,500 sqft 3.28 AC lot
    Building includes 3 apartments plus a mobile home rented on the lot (see APOD for income).
    Large corner lot with commercial/shop space; The Village Peddler Gift Shop operated here for 40+ years.
    Deeded common lot access to Long Pond, a short walk away (waterfront feature included with the property).
    Built in 1973; exterior materials include mobile, wood frame, aluminum siding, and wood siding.
    Roof includes metal and shingle; parking available as off‑street parking.
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    Mixed-Use Waterfront Income Property
    Mixed-Use Waterfront Income Property

    14 Lakeshore Drive, Belgrade, ME 04917

    $789,000
    4,500 sqft

    Three rented apartments plus a vacant storefront and an additional rented mobile home with shared Long Pond frontage.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Belgrade, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Triplex with Workshop and RV Hookups
    Triplex with Workshop and RV Hookups

    277 Wooster Hill Road, Rome, ME 04963

    $649,000
    5,757 sqft 6.00 AC lot

    Triplex-style property with three housing units, an attached in-law apartment, a large workshop, and RV hookups.

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    Oakland Multi-Family Income Property
    Oakland Multi-Family Income Property

    11 Church Street, Oakland, ME 04963

    $299,900
    2,600 sqft 0.07 AC lot

    Two-unit multi-family property in Oakland with income potential.

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    Oakland Triplex: Investment Opportunity
    Oakland Triplex: Investment Opportunity

    98 Church Street, Oakland, ME 04963

    $240,000
    1,800 sqft 0.14 AC lot

    Three-unit property in Oakland, Maine with strong rental history.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    277 Wooster Hill Rd, Rome, ME 04963

    $649,000

    Three separate housing units with an attached in-law apartment, plus a large workshop, RV hookup, and whole-house generator.

    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.

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    Augusta Land For Sale
    Augusta Land For Sale

    Map 15 Lot 6C Spring Road, Augusta, ME 04330

    $99,000
    14.63 AC lot

    14.63 acre lot in Augusta's Rural Village Zoning.

    View details
    Residential Land in Rural Setting
    Residential Land in Rural Setting

    Lot 26C Jennings Road, Leeds, ME 04263

    $69,000
    307,098.00 AC lot

    7.05-acre lot in Leeds, Maine, ready for home plans.

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    Commercial Land Parcel with Route Frontage
    Commercial Land Parcel with Route Frontage

    2680 Route 3, Palermo, ME 04354

    $69,000
    6.20 AC lot

    6.2-acre commercial parcel on Route 3 with shared driveway, suited for homes, lots, or business development.

    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 start at $789,000, averaging $789,000, and reaching up to $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 2
    Triplexes 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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kennebec County

    Residential Income

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