31 Parker Lodge Drive North Hero, VT $ 949,000
31 Parker Lodge Drive
$ 949,000
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31 Parker Lodge Drive

North Hero, VT, 05474
$ 949,000
Baths0.0 Sq 3,817

Monthly Estimate*

$ 6,307

Listed by Michael Ryan, Apple Island Real Estate, 802-343-7338, mike@appleisland.com
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Studio

Commercial Property for sale in North Hero, VT

for $949,000. This 3,817 square foot building was built in 1968 on a lot size of 2.

Remarks - Public RARE OPPORTUNITY. Turnkey operation with over 60 yrs of productive rental history. The business model is in place so you can start showing profit from year one. Repeat guests fill the cottages in the spring, summer and fall every year wanting to experience Island life. You and your guests can enjoy morning coffee on the porch, watching gorgeous sun rises while making plans for the day. There's something for everyone, whether it's fishing, waterskiing, kayaking or just sitting by the lake reading a book. There is plenty to do near by also, shopping, dining, walking trails and several marinas are nearby. The state boat launch across the street allows for easy access for guests to launch and pull boats or they can leave them on the dock for even easier access. The property consists of 2 acres of slightly sloping, landscaped lawn with 175 ft of lake frontage just minutes from some of the best fishing on Lake Champlain. The main has has 3 bedrooms, 2 baths and a sunroom with a gas stove and a partial finished basement. There are 3 cabins, each 30x20 with 2 bedrooms, 1 bath, large living space and a screened in porch. There is also a 52x26garage/barn with more than enough space for all your equipment, summer furnishings and water toys. The current owners have been showing a profit since purchasing the property in 2017 and have made many improvements to insure that it continues. Check out this exciting opportunity to be your own boss.

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Commercial Active

Price

$ 949,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,138

Style

Hospitality

Lot Size

2

Year Built

1968

Town/City

North Hero

County/Region

Grand Isle

MLS | Web ID

4994504

Features
Interior
Basement Description Full Partially Finished Stairs - Interior Interior Access
Basement Yes
Heating Fuel Electric Gas - LP/Bottle
Total Number of Units 4
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General
Road Frontage Yes
Sewer 1000 Gallon Concrete None On-Site Septic Exists
Heating Baseboard Stove - Gas
Cooling Central AC
Utilities Cable - At Site Gas - LP/Bottle
Roof Metal Shingle
Parking Driveway Garage On-Site Parking Spaces 5 - 10
Flood Zone No
Zoning Shoreline Residential
Status Active
Year Built 1968
Electric 100 Amp
Building Number 5
Tax Year 2024
Area VT-Grand Isle
Seasonal Unknown
Price Per Sq Ft Total 248.62
Tax Gross Amount 8138
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Exterior
Foundation Concrete
Lot Size Area 2
Water Body Name Lake Champlain
Water Body Type Lake
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* Excluded Features
List By
Michael Ryan

Listing Agent

Apple Island Real Estate

Broker

(802) 343-7338

Phone

mike@appleisland.com

Email

Affordability Calculator

$6,986
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,307
Monthly Property Taxes
$678
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2024$949,000 -5.01% Price Down
5/8/2024$999,000 Listed Price

Map


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31 Parker Lodge Drive, North Hero, VT, 05474 is a Commercial Property for sale at $949,000 with 3,817 sqft and a lot size of 2. 31 Parker Lodge Drive is a studio with 0.0 baths and was built in 1968. The property's zip code is 05474 which is in North Hero, VT