List Price: $899,000 | $128 per sq.ft. Commercial
Space type
Date Listed Monday Aug 12, 2024 | MLS# 5009309
Space type
Date Listed Monday Aug 12, 2024 | MLS# 5009309
To see this Listing
Address: 3806 Vt Route 11 Londonderry VT
Listed by Flex Realty Group Flex Realty
Description:
This property features a 18-unit motel, that includes two apartment suites, alongside a spacious 3-bedroom, 2-bathroom home, making it a unique investment opportunity. Situated in the charming town of Londonderry, this property is perfectly positioned to attract visitors year-round with its proximity to two of Vermont's most popular ski destinations--Okemo Mountain Resort and Stratton Mountain Resort, offering prime income potential. Okemo Mountain Resort, just a short drive away, is renowned for its friendly atmosphere, extensive trail system, and top-notch snow conditions. Whether guests are avid skiers or simply looking to enjoy the winter scenery, Okemo provides a wide range of activities including skiing, snowboarding, and snowshoeing. Stratton Mountain Resort, also within easy reach, offers a slightly different experience with its charming village, diverse terrain, and vibrant après-ski scene. In addition to winter sports, Stratton is a four-season destination with golf, hiking, and mountain biking opportunities during the warmer months. The motel's proximity to these popular destinations and the combination of commercial and residential spaces presents a lucrative opportunity in a sought-after location.
Building Type : Hospitality
Misc : Additional Outbuildings
Sale Includes : Additional Buildings | Equipment | Land/Building/Business
Listed by Flex Realty Group Flex Realty
Description:
This property features a 18-unit motel, that includes two apartment suites, alongside a spacious 3-bedroom, 2-bathroom home, making it a unique investment opportunity. Situated in the charming town of Londonderry, this property is perfectly positioned to attract visitors year-round with its proximity to two of Vermont's most popular ski destinations--Okemo Mountain Resort and Stratton Mountain Resort, offering prime income potential. Okemo Mountain Resort, just a short drive away, is renowned for its friendly atmosphere, extensive trail system, and top-notch snow conditions. Whether guests are avid skiers or simply looking to enjoy the winter scenery, Okemo provides a wide range of activities including skiing, snowboarding, and snowshoeing. Stratton Mountain Resort, also within easy reach, offers a slightly different experience with its charming village, diverse terrain, and vibrant après-ski scene. In addition to winter sports, Stratton is a four-season destination with golf, hiking, and mountain biking opportunities during the warmer months. The motel's proximity to these popular destinations and the combination of commercial and residential spaces presents a lucrative opportunity in a sought-after location.
Building Type : Hospitality
Misc : Additional Outbuildings
Sale Includes : Additional Buildings | Equipment | Land/Building/Business
Features
Income
Net Income| 0
Gross Income| 702808
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Gross Income| 702808
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1962
Wood Frame
Price Per SQ.FT. 128.39 No. of Units: 20
Building Size : 7002
Available SQFT : 8622
Building Type: Hospitality
Year Built: 1962
Wood Frame
Price Per SQ.FT. 128.39 No. of Units: 20
Building Size : 7002
Available SQFT : 8622
Building Type: Hospitality
ExteriorRoof: Metal
InteriorBasement: Concrete | Daylight
Land Information
Lot size: 3.6 acres
Zoned: res
Garage And Parking: Driveway | Garage
No. of Docks | 0.
UtilitiesHeating: Baseboard | Wall Furnace | Propane | Oil
Electric: 200 Amp
Utilities: Cable | Satellite | Telephone Available | Oil Tank - Underground
AC % | 0.
Additional Information
Taxes $7,887
Assesed Value Not Reported
Taxes $7,887
Assesed Value Not Reported
Schools
