Island Pond VT Real Estate & Commercial for Sale

Opportunity to own and operate a popular restaurant/inn situated in the Northeast Kingdom of VT. This historic building pays homage to its connection with the arrival of the railroad industry in the late 1800's, as much of that antique aesthetic has been preserved during renovations. Located at 138 Cross St. in Island Pond, the Essex House and Tavern measures over 8000 square feet with a parking lot near the VAST trail system, and has been a staple to both the local community and tourists alike. The Tavern can accommodate up to 48 and features a full bar with POS system/several desktop stations, fully-equipped kitchen with 16' vent hood, walk-in cooler, and dry/liquor storage. Attached is a dining room with dry bar, perfect for hosting events/entertainment and capable of seating an additional 65. Outside you'll find an enclosed pavilion measuring 20'x36' overlooking the Clyde River, serviced and utilized during all seasons by two, overhead, infrared heaters. The Essex House offers a total of eleven renovated rooms with modern amenities and multiple suites, all maintained by a team of housekeepers with a separate laundry room/facilities on-site. This is truly a turnkey operation staffed by capable and experienced employees, allowing for a smooth transition of ownership. This business enjoys a loyal customer base of boaters, snowmobile enthusiasts, seasonal visitors, and second-home owners due to its proximity to the lake, Brighton State Park, & Bluff Mountain.

Thriving retail hardware & lumber store, Gervais ACE Hardware is offered for sale and inclusive of real estate, business & goodwill, inventory (valued at approx. $875K), equipment, etc. This is an opportunity to own/operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and virtually no competition within 20+ miles. Consisting of a storefront of over 10,000 square feet of retail space, in addition to a 10,000 square foot, two-story lumber warehouse and four, income-producing, residential rental units on-site. Gervais ACE Hardware sells products ranging from hardware, plumbing, electrical, tools, sporting goods, automotive/marine supplies, and more. This business also offers a variety of services to customers such as local delivery of lumber/building materials, key-cutting, and paint matching. Features include metal frame retail store construction, cantilever racking in outbuildings/warehouse, second-floor office space, loading area with overhead door, 27,000 BTU AC system, and 16kW emergency backup generator. Recent updates include a new TPO roofing system installed in 2020 (20 yr warranty) and interior renovations to the attached apartment units. This property overlooks the lake, has abundant parking, and has been a staple to the community and neighboring towns of Essex county for over 25 years. Additional property features and business financials available upon request to well-qualified buyers with a signed NDA.

This Island Pond property has so much to offer. The lot is over 18 acres with 779' of Road Frontage on Rt 105. G.C. Inc Road provides access into the property. On either side of G.C. Inc Road are lovely fields with residential, commercial or industrial development potential (provided zoning approval). About mid way into the property is a building which has an office space plus an apartment. The Apartment is currently leased for $700/m and the office has been owner occupied. Continue up G.C. Inc Road and you will come to the owners shop, hidden in the woods. The main shop is 32'x62' with two 12'w x 14h' tall doors and 16' ceilings. There is also a 20 x 40 section of the building which has a smaller single overhead door with a bathroom in the rear. There is a large level yard with ample room for parking equipment, turning around and potential for more buildings. Cable internet is available and the VAST trail is nearby. Onsite Drilled Well produces 200 Gallons Per Minute and overflows consistently! This is a great opportunity whether you are looking for storage, a shop, development potential, an investment, a home, or a building site!