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    Belgrade, ME
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    Belgrade, ME Residential Income 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.

    View details
    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 Commercial Property with Apartment
    Oakland Commercial Property with Apartment

    82 Libby Hill Road, Oakland, ME 04963

    $425,000
    4,112 sqft 1.24 AC lot

    Versatile commercial property with a 3-bedroom apartment and basement.

    View details
    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.

    Ready-to-Build Land in Vienna, ME
    Ready-to-Build Land in Vienna, ME

    Map7Lot34 Kimball Pond Road, Vienna, ME 04360

    $119,900
    2.50 AC lot

    2.5-acre surveyed lot with foundation and utilities in place.

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    Residential Land in Sidney, Maine
    Residential Land in Sidney, Maine

    Pond Road, Sidney, ME 04330

    $249,000
    47.00 AC lot

    Two parcels of land suitable for residential development.

    View details
    New Sharon Building Lot
    New Sharon Building Lot

    681 Mile Hill Road, New Sharon, ME 04955

    $37,500
    3.11 AC lot

    3+ acre building lot in a convenient location.

    View details
    66-Acre Countryside Lot in Vienna
    66-Acre Countryside Lot in Vienna

    Lot 35 Town House Road, Vienna, ME 04360

    $235,000
    2,874,960.00 AC lot

    Versatile 66-acre lot perfect for a dream home or recreation.

    View details

    Belgrade, ME Residential Income Properties Market Trends and Statistics

    Explore 3 residential income 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 residential income 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

    Multifamily properties 3
    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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