Description
This is a historic piece of Shaver Lake property for sale, right as you enter the Village on the right hand side. There are two parcels and three buildings included in this package. The office on (Tollhouse Rd.) fronts highway 168 and is 2,270 s.f. plus a 576 s.f. garage on a 28,600 s.f. parcel. This former residence and home to the original, large property owner has been used as an office since the 1980's. It was the home to Coldwell Banker real estate for many years, and now houses Vacasa vacation rentals and has another space within the building currently available for lease. It has forced air heating and air conditioning and a handicap bathroom, plus a handicap parking stall in the rear. The second parcel on Sparrow Rd. is 24,000 sf and has a one bedroom, one bath 733 sf cabin, which is being used as a vacation rental. The commercial tenant currently pays $2770/mo. and the vacation rental brings in about $20,000 gross annually, but that varies with snowfall.The buyer should verify that the zoning conforms with their planned use before purchasing. The seller's understanding is that both parcels can be used for offices, while the Sparrow parcel can be also be used for its current use, which is residential.The location and size of these parcels together create a potential opportunity for future development. There is room on the Sparrow parcel for additional vacation rental units, if zoning and sewer availability conforms, which is the buyer's responsibility to verify.
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0BEDS
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1.2ACRES
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0BATHS
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01/2 BATHS
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3,003SQFT
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$366$/SQFT
School Ratings & Info
Description
This is a historic piece of Shaver Lake property for sale, right as you enter the Village on the right hand side. There are two parcels and three buildings included in this package. The office on (Tollhouse Rd.) fronts highway 168 and is 2,270 s.f. plus a 576 s.f. garage on a 28,600 s.f. parcel. This former residence and home to the original, large property owner has been used as an office since the 1980's. It was the home to Coldwell Banker real estate for many years, and now houses Vacasa vacation rentals and has another space within the building currently available for lease. It has forced air heating and air conditioning and a handicap bathroom, plus a handicap parking stall in the rear. The second parcel on Sparrow Rd. is 24,000 sf and has a one bedroom, one bath 733 sf cabin, which is being used as a vacation rental. The commercial tenant currently pays $2770/mo. and the vacation rental brings in about $20,000 gross annually, but that varies with snowfall.The buyer should verify that the zoning conforms with their planned use before purchasing. The seller's understanding is that both parcels can be used for offices, while the Sparrow parcel can be also be used for its current use, which is residential.The location and size of these parcels together create a potential opportunity for future development. There is room on the Sparrow parcel for additional vacation rental units, if zoning and sewer availability conforms, which is the buyer's responsibility to verify.
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