Once in a lifetime opportunity to own the premiere investment property of 3.28 acres at the head of Belgrade Village overlooking picturesque small Maine vacation town. Possibilities for this property are limitless, anything from returning it to its former historical glory as the 'Belgrade Hotel', a 90-room hotel, or building a custom dream home overlooking two lakes in the beautiful town of Belgrade Lakes. Everything you need is within walking distance, including deeded lake access to Long Pond. This privileged access allows you to enjoy breathtaking views of the sunset over the water, boating, fishing, and swimming. A short walk brings you to the prestigious Belgrade Lakes Golf Course, snow mobile trails, Village Green Park, and all the quaint shops and dining you can expect from this fabled New England town. An hour drive north or west brings you to the Sugarloaf or Sunday River ski resorts for world class recreation. An hour's drive East leads you to the ports of Camden and Rockland, where you can meander along Route 1 feasting on fresh seafood and the ocean air. Don't miss your chance to own a piece of Belgrade Village history and create a lifetime of memories. Currently, the property is configured as 5 rental properties 4 residential (1 unit is 1184 West Rd Belgrade, which features a mobile home complete with its own well and septic) and 1 Commercial Space that was previously a gift shop, lovingly remembered in town as The Village Peddler. This expansive property offers an array of possibilities to savvy investors. Note: Some photo's of area business/views. Septic design is unknown for the number of bedrooms it is designed for. See MLS 1571000 for Commercial Listing & MLS 1570901 for Residential