Lake Commercial Off Market
The Willoughvale Inn is an 11 room inn with dining facilities overlooking Lake Willoughby in Vermont's "northeast kingdom". It is a unit ( # 9), referred to as "The Inn," part of the 9 unit Willoughvale Inn and Cottages Condominiums. The other 8 units are 1 and 2 bedroom cottages, which have each sold for between $235,000 and $275,000. It has operated as an Inn with the cottages since 1986. The restaurant is currently operating independently from the Inn. It is the largest unit with 9403 finished square feet above ground vs the cottages, which are between 400 and 750 finished square feet. With the natural beauty and year round recreational resources of this area a new owner may continue to operate it as an Inn. It is also ideal for families as a year round lakefront location as a legacy compound; as a recreational club; as a corporate retreat or a variety of other options. (See MLS 4771714, a residential listing with more bedroom information.) Showings Dependent on Guest Occupancy. As the largest - condominium unit, the monthly HOA fees are $2,857.22. Fees are based on finished square feet. All the other condo units (cottages) are between 450 to 700 + square feet. The Inn Unit (# 9) is 9,400 sq. feet of finished area. Vt. Covid-19 rules and regulations restrict the number of people at a house showing at one time and require face masks.Property Details
- Beds: 0
- Baths: 0.0
- Year Built: 1986
- Location: Lake Willoughby
- Acres: 1.000
- Lakefront: Yes
- Lakeview: Yes
- ViewTypes: Lake, Mountain, Water
- County: Orleans County
- Heat/AC: Baseboard,Forced Air,Hot Water,Stove
- Garage: Assigned,Driveway,Off Street,Paved or Surfaced,Unassigned
- Siding: Wood Siding
- Roof: Membrane
- Property Taxes: $22,044
- MLS #: 4772630
Location
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Ad Statistics:
| Ad Number : | 767440 |
| Viewed: | 507 times |
| Added: | Sep 15, 2020 |
| Updated on: | Sep 15, 2020 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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