1667 Exeter Road Lebanon, CT $ 6,500,000
1667 Exeter Road
$ 6,500,000
Share Save

1667 Exeter Road

Lebanon, CT, 06249
$ 6,500,000
Baths0.0 Sq 40,000

Monthly Estimate*

$ 45,404

1667 Exeter Road, Lebanon, CT 06249 - Image 1
1667 Exeter Road, Lebanon, CT 06249 - Image 2
1667 Exeter Road, Lebanon, CT 06249 - Image 3
1667 Exeter Road, Lebanon, CT 06249 - Image 4
1667 Exeter Road, Lebanon, CT 06249 - Image 5
1667 Exeter Road, Lebanon, CT 06249 - Image 6
1667 Exeter Road, Lebanon, CT 06249 - Image 7
1667 Exeter Road, Lebanon, CT 06249 - Image 8
1667 Exeter Road, Lebanon, CT 06249 - Image 9
1667 Exeter Road, Lebanon, CT 06249 - Image 10
1667 Exeter Road, Lebanon, CT 06249 - Image 11
1667 Exeter Road, Lebanon, CT 06249 - Image 12
1667 Exeter Road, Lebanon, CT 06249 - Image 13
1667 Exeter Road, Lebanon, CT 06249 - Image 14
1667 Exeter Road, Lebanon, CT 06249 - Image 15
1667 Exeter Road, Lebanon, CT 06249 - Image 16
1667 Exeter Road, Lebanon, CT 06249 - Image 17
1667 Exeter Road, Lebanon, CT 06249 - Image 18
1667 Exeter Road, Lebanon, CT 06249 - Image 19
1667 Exeter Road, Lebanon, CT 06249 - Image 20
1667 Exeter Road, Lebanon, CT 06249 - Image 21
1667 Exeter Road, Lebanon, CT 06249 - Image 22
1667 Exeter Road, Lebanon, CT 06249 - Image 23
1667 Exeter Road, Lebanon, CT 06249 - Image 24
1667 Exeter Road, Lebanon, CT 06249 - Image 25
1667 Exeter Road, Lebanon, CT 06249 - Image 26
1667 Exeter Road, Lebanon, CT 06249 - Image 27
1667 Exeter Road, Lebanon, CT 06249 - Image 28
1667 Exeter Road, Lebanon, CT 06249 - Image 29
1667 Exeter Road, Lebanon, CT 06249 - Image 30
1667 Exeter Road, Lebanon, CT 06249 - Image 31
1667 Exeter Road, Lebanon, CT 06249 - Image 32
1667 Exeter Road, Lebanon, CT 06249 - Image 33
1667 Exeter Road, Lebanon, CT 06249 - Image 34
1667 Exeter Road, Lebanon, CT 06249 - Image 35
Studio

Commercial Property for sale in Lebanon, CT

for $6,500,000. This 40,000 square foot building was built in 1960 on a lot size of 71.

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.

See more

Commercial Active

Price

$ 6,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

71

Year Built

1960

Town/City

Lebanon

MLS | Web ID

170601698

Features
General
Zoning RA
Year Built 1960
Neighborhood N/A
Heater Type Hot Water
County New London
Present Use Hotel
Tax Year July 2023-June 2024
Location Rural
Property Type Commercial For Sale
Status Active
Acres 71
Directions Rte 66 East right on Rte85 S left on Rte 207 E 2miles on right meet in back parking by office.
City Lebanon
Street Name Exeter
Sq Ft Total 40000
DOM 218
Video Tour Y/N 0
See more
Interior
Cooling System Window Unit
Utilities Available Electric Telephone Cable
Total Number of Units 80
See more
Exterior
Water Source Private Well
Garage Parking Detached Garage
Lot Description Some Wetlands Treed
See more
Internal Only
Street Number 1 1667
See more
* Excluded Features
List By
Frank Shank

Listing Agent

Amodio & Co.

Broker

frankhshank@aol.com

Email

Affordability Calculator

$45,404
Per Month
100%
0%
0%
Monthly Principal & Interest
$45,404
Monthly Property Taxes
--
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2023$6,500,000 Listed Price

Map


See all

1667 Exeter Road, Lebanon, CT, 06249 is a Commercial Property for sale at $6,500,000 with 40,000 sqft and a lot size of 71. 1667 Exeter Road is a studio with 0.0 baths and was built in 1960. The property's zip code is 06249 which is in Lebanon, CT