230 Route 129 Alburgh, VT $ 2,500,000
230 Route 129
$ 2,500,000
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230 Route 129

Alburgh, VT, 05440
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 17,463

Listed by Shawn Cheney, EXP Realty, 802-782-0400, shawncheney75@gmail.com
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Studio

Commercial Property for sale in Alburgh, VT

for $2,500,000. The lot size is 412.

This sale consists of a turnkey fully operating 18 hole golf course on 413 acres of land. The golf course has over 1500 feet of lakefront on Lake Champlain. This land has extensive development potential as over 200 acres of property is undeveloped with aprox 7000 feet of road frontage. The development possibilities in addition to the golf course are extensive to include direct lakefront development. The golf course has undergone extensive infrastructure upgrades to include an irrigation pond and many newer pieces of ground maintenance equipment. The club house has a restaurant with a full bar indoor and outdoor dining areas. The restaurant is leased for operation but much of the restaurant equipment is included. The lower level of the restaurant/clubhouse has a 2 br apartment for a pro or for additional income from guests. The lower level also has a space that could be finished for additional indoor expansion to add catering or event space. A driving range and putting green are onsite. The lakefront could be developed as not to interfere with the golf course operation and to someone with a development vision it adds extensive long term financial potential. An onsite black stone gravel pit services the property or could be an additional financial venture for a new owner. The additional acreage is a mix of open meadows and wooded areas with some of the best elevated views of the Green Mountains in Alburgh. This sale excludes the 3000 sf house located on a separate parcel.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 27,281

Style

Business,Development,Investment,Land,Opportunity

Lot Size

412

Town/City

Alburgh

County/Region

Grand Isle

MLS | Web ID

4866360

Features
Interior
Basement Description Unfinished
Equipment Irrigation System
Basement Yes
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General
Road Frontage Yes
Sewer On-Site Septic Exists
Utilities Other
Zoning Commercial
Status Active
Tax Year 2020
Area VT-Grand Isle
Tax Gross Amount 27281.54
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Exterior
Lot Size Area 412
Water Body Name Lake Champlain
Water Body Type Lake
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* Excluded Features
List By
Shawn Cheney

Listing Agent

Exp Realty

Broker

(802) 782-0400

Phone

shawncheney75@gmail.com

Email

Affordability Calculator

$19,737
Per Month
88%
12%
0%
Monthly Principal & Interest
$17,463
Monthly Property Taxes
$2,273
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
6/23/2023$2,500,000 Listed Price

Map


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230 Route 129, Alburgh, VT, 05440 is a Commercial Property for sale at $2,500,000 with a lot size of 412. 230 Route 129 is a studio with 0.0 baths. The property's zip code is 05440 which is in Alburgh, VT