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3569 Route 30 Drive, Castleton, VT 05739

$1,995,000
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Active
MLS#5097115
STATUSActive PROPERTY TYPECommercial - Investment

Listing Courtesy of: TPW Real Estate
Agency Phone: 802-366-1430
Associate Name: Steven Bryant
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Property Description

A rare opportunity to own one of Vermont's premier waterfront restaurant properties, where exceptional business potential meets an unparalleled lakeside lifestyle. Set on over 430 feet of shoreline on beautiful Lake Bomoseen, this iconic destination includes a thriving seasonal restaurant, a stunning owner's waterfront apartment above the restaurant, three income-producing rental apartments, and a spacious garage/storage building across the street. Known for its vibrant atmosphere and spectacular lake views, the property has benefited from more than $1.5 million in capital improvements in last 10 years, including over $500,000 in recent upgrades featuring new docks, windows, siding, and roofing. Six private docks, plus an additional dock near Crystal Beach, provide exceptional waterfront access for guests and owners alike. For an owner-operator or chef, this is a once-in-a-lifetime opportunity to combine a successful hospitality business with an extraordinary quality of life. The restaurant enjoys strong seasonal demand and has the capacity to generate $20,000+ revenue days during peak summer months, while the three residential apartments present an additional income opportunity of more than $50,000 annually. Located on Lake Bomoseen?the largest lake entirely within Vermont, stretching approximately nine miles in length?this destination draws visitors throughout the boating season and offers continued growth potential. Whether you're looking to expand an established hospitality portfolio or fulfill the dream of owning a landmark waterfront restaurant, this exceptional property delivers an unmatched combination of location, lifestyle, and investment opportunity. Check out web page and social media. Agent is an owner.

3569 Route 30 Drive | MLS# 5097115

This commercial property located at 3569 Route 30 Drive, Castleton, VT 05739 is currently listed for sale with an asking price of $1,995,000. Search Castleton real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Investment
Lot Size: 1.14 Acres
Taxes: $12,798

Feature Descriptions

Days on Site: 24
Road Frontage: 790
Sale Inclusions: Equipment, Land/Building/Business, Building, Furnishings
Sewer: Public Sewer at Street
Water: Drilled Well
Zoning: commercial

Listed By / Shown By

Listed By

Agency Name: TPW Real Estate
Agent Name: Steven Bryant
Agency Phone: 802-366-1430

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