Bought with Cindy Sanville • Sanville Real Estate, LLC
$600,000
$625,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
9,800 SqFt
SOLD DATE : 11/07/2020
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Business,Hospitality,Investment,Opportunity
Listing Status Sold
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $61
MLS Listing ID 4792011
Sold Date 11/07/20
Year Built 1987
Annual Tax Amount $15,991
Tax Year 2019
Lot Size 0.880 Acres
Acres 0.88
Property Sub-Type Business,Hospitality,Investment,Opportunity
Property Description
Ready for a great investment? This 23-unit motel has frontage on Island Pond and the Clyde River in the heart of Island Pond, aka "the snowmobile capital of the world." Main office with lobby and three grand suites (grand suites each have full kitchen, dining room, living room, bar area, 2 bedrooms, full baths, gas fireplace and deck area). Motel offers spacious parking, 20 rooms (6 are efficiency rooms) each with flat screen TV, mini fridge, and all have been remodeled recently with new flooring, furniture, and fresh paint. Each room as it's own self-controlled System 2000 heat. This property sits on 100 feet of frontage on gorgeous Island Pond, with a floating dock and room for 6 boats. Property also borders the Clyde River, famous for canoeing & kayaking on. There is also a 2 car garage. Solid income for the owners for over 25 years. Great location right on the VAST snowmobile trail. The neighboring Lakefront Mini Mart & Irving Gas Station is also for sale!
Location
State VT
County Vt-essex
Area Vt-Essex
Zoning Commercial
Body of Water Lake
Interior
Heating Gas - LP/Bottle
Cooling Wall AC Units
Exterior
Exterior Feature Clapboard
Parking Features Off Street, On-Site, Paved
Garage Description Off Street, On-Site, Paved
Utilities Available Cable - Available, Internet - Cable, Telephone At Site
Waterfront Description Yes
View Y/N Yes
Water Access Desc Yes
View Yes
Roof Type Shingle - Asphalt
Building
Lot Description City Lot, Lake Access, Lake Frontage, Lake View, Lakes, Major Road Frontage, Neighbor Business, Open, River, River Frontage, Trail/Near Trail, View, Water View
Foundation Concrete, Slab - Concrete
Sewer Public
Water Public
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "