A wonderful commercial/residential property in the center of the historic downtown Village of Belgrade Lakes. This 1880s antique colonial is nestled between two of our most sought-after lakes ~ Long and Great ponds. A shared private lakefront area is just around the corner with a sandy beach, lawn area, fire pit, dock, moorings and a place to store your kayak on Long pond. Belgrade's new sidewalks and street lights allow you to walk to dining, shops, a 5-star bakery and cafe, a farmers market and the Village Green. Outside entertainment includes the award-winning Belgrade Lakes Course, many hiking trails, state boat ramps to Long and Great ponds within 2 miles and snowmobile trails right from the house. This charmer has been completely remodeled, freshly painted, a new roof, established perennial garden areas, extra large garage and an 8 ft privacy fence. With a double lot, lovely seasonal water views and a new 4-bedroom septic system it leaves room for many expansion possibilities. Included is a 10x12 foot insulated and wired cottage with 7 available parking spaces currently being used commercially for retail. Entertaining is made easy with a large bright dining area featuring Pumpkin Pine floors that lead into a sundrenched living room with original exposed beams, vaulted ceiling and fireplace. Walk out of you eat-in kitchen to a cozy porch and seating area overlooking the backyard wildlife for your morning coffee or sunset cocktails! There is a large primary suite on the first floor and a separate laundry room for all one-level living. The second floor has 2 additional bedrooms and a full vintage style bathroom. You can sit on the porch with a gentle breeze and the call of the loons while enjoying concerts and summer events on the Village Green. This location can be used as commercial, residental or both. Convenient to Augusta, Waterville, Farmington and1 hr. from Portland, Maine beaches, Sugerloaf and Rangely Lakes region