Property profile

14 Lakeshore Dr Belgrade, ME 04917

FOR SALE
Quadplexes
Property ID
US42-Q001330
4,500 SF Built 1973
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Welcome to 14 Lakeshore Drive & 1184 West Road! Looking for a property with history and waterfrontage on Long Pond and right in the heart of Belgrade Lakes Village? Look no further! This unique home is on the original site of the Belgrade Hotel which was lost in 1956 and later was the current owners family's successful Village Peddler Gift Shop for 40 years. (Owners family built this home in 1973.) Currently the house has 3 separate living spaces (3 apartments) which are all rented- plus the store front commercial space which sellers keep vacant. Also on the property is an older but well kept mobile home that is rented out. Home has good rental income, see APOD. All this plus a short walk to your beautiful SHARED FRONTAGE ON LONG POND to enjoy! So many possibilities here. Buy as a 4 unit investment and have the lake access, live in one space yourself and have income or start your own business venture in the old gift shop area. Lovely large private lot to enjoy too! Don't Miss! Square footage noted on spec sheet is approx. only. Water frontage noted is from book 20, page 73 (Tobey's Plan.)

Property profile

Verified
Property type Quadplexes
Year built 1973
Total area 4,500 SF
UPID US42-Q001330

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14 Lakeshore Dr Belgrade, ME 04917
Belgrade metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message