3569 Route 30 Drive, Castleton, VT 05739
sale
$1,988,000
|
Other
Courtesy Of TPW Real Estate
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 four 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.
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Property Features
- Age: Over 50 Years Old
- MLSID: 5097115
- Rooms: Basement
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