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2551 Route 30 North, Bomoseen, VT 05732

Commercial property for sale

  • Description
  • Long-established on the East shore of beautiful Lake Bomoseen in the college town of Castleton, Vermont, this Year-Round Resort Hospitality Business includes a 100-seat Restaurant, a home/office bldg for check-ins and rec-room and 55 rental rooms & suites in 8 buildings with over 40,000 sq. ft. of heated area, some of which are only used in the Summer High Season: June thru mid September. Many returning guests enjoy a range of accommodations, from standard motel rooms to efficiency units, to cabins and 1- and 2-bedroom condos with full kitchens.Although the original inn dates from 1850, with renovations in the 1920's, most of the motel buildings date from 1970, and the condo's from 1980-83.Financials are available to buyers who complete and sign a Confidentiality and Qualification Statement. However, this is an Asset Sale, including 7+ acres of potential development land (for which buyer must apply for local and state permits), and price is based upon appraised asset value, rather than current net income. Building price details: $2,700,000.
  • Property Details
  • Property Type: Hotel & Motel
    Use Types: Inn, Motel, Resort
    Status: Available
    Price: $ 49,091 +/Unit
    Number of Stories: 2
    Year Built: 1920
    Year Renovated: 1980
    MSA: Rutland
    Zoning: RECREATION / COMMERCIAL
    Buildings: 12
    Broadband Internet: Cable
    Terms: Cash to Seller
    Added: 04/28/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 90
    Parking Type: Surface
  • Contact info
  • 802-773-0600 [Office]
  • Note

  • Details Info about this row that located on 2551 Route 30 North, Bomoseen, VT 05732 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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