Date
Details
Price
Change
Source
7/10/2026
Listed
$2,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Welcome to The Village Inn & Tavern, an iconic waterfront property in the heart of Belgrade Lakes Village offering a rare opportunity to own one of Maine's premier hospitality destinations. Situated on approximately 0.89± acres with 250± feet of waterfront on Long Pond and Mill Stream providing access to Great Pond. The property features 8-10 guest rooms, an owner's residence, a waterfront restaurant and tavern, multiple indoor and outdoor dining areas, private docks with 8 seasonal boatslips on Great Pond and 1-2 seasonal slips on Long Pond, expansive event lawns, and ample on-site parking. Located within walking distance of Belgrade Lakes Village shops, golf, boating, and year-round recreation, this is a truly irreplaceable waterfront asset in one of Maine's most desirable lake destinations. Fully licensed, turnkey & grandfathered which offers a noteworthy portfolio investment opportunity with differentiated de-risked income streams which all provide a passive income investment versus the operational overhead of running a restaurant.
Full Property Details
Full Property Details for 157 Main St
General
- Price: $2,695,000
- Taxes: $14,108 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1671234
- Updated: Today (7/10/2026)
- Added to Site: Today
Business
- Business Type: Bed & Breakfast, Hotel/Motel, Commercial, Restaurant,
Interior
- Flooring: Carpet, Concrete, Tile, Vinyl, Wood
Parking
- Parking Features: 21 or More Spaces, On-Site Parking, Off Street
Location
- County: Kennebec
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Window Unit(s)
- Heating Type: Oil, Propane, Wood, Baseboard, Heat Pump, Hot Water, Zoned, Other
Utilities
- Sewer: Private Sewer, Septic Design Available, Septic Tank, Holding Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Construction: Wood Frame, Clapboard, Vinyl Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Dirt Floor, Walk-Out Access, Daylight, Finished, Sump Pump, Slab, Unfinished
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 11,865
- Year Built: 1899
- Other Struct. Feat.: Fire System
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.89
- Lot Size (Sq. Ft.): 38,768.4
- Zoning: SHORELAND
- Lot Description: Business District, Deep Water Access, Near Shopping, Rural, Water View, Waterfront
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $14,108
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 6 & 22
Listed by Malone Commercial Brokers, Inc. (207) 772-2422
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Listing agent
— 157 Main St —
Malone Commercial Brokers, Inc.
207-772-2422
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 157 Main St
School District:Regional School Unit 18
| Name | Grades | Distance |
|---|---|---|
Belgrade Central School 158 Depot Road, Belgrade, ME 04917 | PK-5 | 5.8 mi |
Messalonskee Middle School 33 School Bus Drive, Oakland, ME 04963 | 6-8 | 8.6 mi |
Messalonskee High School 131 Messalonskee High Drive, Oakland, ME 04963 | 9-12 | 8.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 Main St
Tax History
Tax History for 157 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,392
12%
$1,169,100
—
2024
$11,106
6%
$1,169,100
—
2023
$10,463
-3%
$1,169,100
67%
2022
$10,797
—
$702,000
—
2021
$10,797
—
$702,000
—
2020
$10,797
—
$702,000
—
2019
$10,797
5%
$702,000
—
2018
$10,249
1%
$702,000
—
2017
$10,109
3%
$702,000
—
2016
$9,828
3%
$702,000
1%
2015
$9,526
2%
$697,900
—
2014
$9,317
12%
$697,900
—
2013
$8,340
—
$697,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 157 Main St
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- Single Family
- Active
- Updated 10 hours ago
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- 2Total Baths
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Listed by NextHome Northern Lights Realty
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- Updated 5 hours ago
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- Active
- Updated 1 day ago
- 3Beds
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- Single Family
- Active
- Updated 3 days ago
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- 2Total Baths
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Listed by NextHome Northern Lights Realty
157 Main Street, Belgrade, ME 04918 (MLS# 1671234) is a Commercial property. 157 Main Street is currently listed for $2,695,000 and was received on July 10, 2026. Want to learn more about 157 Main Street? Do you have questions about finding other Commercial real estate for sale in Belgrade? You can browse all Belgrade real estate or contact a Coldwell Banker agent to request more information.