1667 Exeter Road, Lebanon, CT, 06249
1960
40,000 sqft
Welcome to the Historic Spa at Grand Lake, now known as The Hotel at Grand Lake! Nestled on 71 pristine acres overlooking Lake Williams, this seven building resort property offers an amazing opportunity for a new owner with current rental income in place. The hotel currently offers 55 rooms for guests, with an additional 30 rooms awaiting remodel. This property would make a great conversion to a multifamily project with many amenities. A short walk thru the woods brings you to Brewster Pond, allowing visitors easy access to fishing, kayaking, and paddle boarding. The grounds include an indoor and outdoor pool, large banquet hall, full-sized restaurant-capacity kitchen, and beautiful views of the lake. Also there is an additional restaurant and bakery building. Also included is a 2,700 sq ft contemporary single story 3-bedroom home with open concept layout and a full floor-to-ceiling brick fireplace in great room. The single family home includes a 3-car detached garage. Rooms are currently rented on a weekly basis with approx. 35 of the 55 rooms rented. Gross income currently $40,000 per month for the 35 rooms rented.
Status:
Active
Type:
Commercial
Units:
80
Zoning:
RA
Frontage:
State Road
Garage:
Detached Garage
Heating:
Hot Water
Cooling:
Window Unit
Acreage:
71
Est. Taxes:
$19,563
Assessment
$674,600
Current Use
Hotel
Permitted Use
Multifamily investment Propert
Utilities
Electric,Telephone,Cable
Lot Description:
Some Wetlands,Treed
Days on Market:
231
MLS #:
170601698
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Frank Shank, Amodio & Co. Email: frankhshank@aol.com