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Additional details
Listed by Flex Realty Group • Flex Realty
$1,350,000
Est. payment /mo
2.8 Acres Lot
UPDATED:
08/22/2024 03:20 PM
Key Details
Property Type Commercial
Sub Type Business,Development,Hospitality,Investment,Opportunity
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4984847
Year Built 1951
Annual Tax Amount $16,230
Tax Year 2023
Lot Size 2.800 Acres
Acres 2.8
Property Description
Rare opportunity to own this landmark Lake Champlain waterfront property situated on nearly 3 acres, offering stunning panoramic views of the Green Mountains, North Hero Island & Mt Mansfield! Since the 1950's the property has been continuously operated by the same family as the Ruthcliffe Lodge & Restaurant. With 610 feet of direct waterfront including deep water access, this magnificent property has many outdoor gathering areas, gardens, a 100 foot dock to accommodate most boats, a floating dock for swimming, 4 boat moorings and a beautiful awning deck overlooking the lake that can easily seat 30-40 people. The main lodge has 4 guest rooms and is able to accommodate up to 25 diners as it is fully equipped with a commercial kitchen and full Bar! Additionally, there are 6 detached motel style suites separate from the lodge for guests with sweeping lake views & wonderful accommodations. Permitting has been obtained for an additional 4 seasonal cottages to expand the resort. Continue to operate this successful restaurant/inn with a loyal customer base or use the property as a great summertime family compound, corporate company retreat, short term rental property, wedding venue and so much more! Just an hour from Burlington & Montreal, the assets of this very successful business are being sold fully turn-key including deeded and surveyed land and improvements, business name, website, social media presence and any future reservations on the current books for next season!
Location
State VT
County Vt-grand Isle
Area Vt-Grand Isle
Zoning None
Body of Water Lake
Interior
Heating Electric, Gas - LP/Bottle
Cooling None
Inclusions Additional Buildings, Land/Building, Land/Building/Business, Outbuilding
Exterior
Utilities Available Other
Waterfront Description Yes
View Y/N Yes
Water Access Desc Yes
View Yes
Roof Type Metal
Building
Sewer 500 Gallon, On-Site Septic Exists
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