List Price: $1,169,000 | $189 per sq.ft. Commercial
Space type Bed/Breakfast
Date Listed Tuesday Jul 9, 2024 | MLS# 5004042
Space type Bed/Breakfast
Date Listed Tuesday Jul 9, 2024 | MLS# 5004042
To see this Listing
Address: 1460 Main Street Waitsfield VT
Listed by Matt Havers Flat Fee Real Estate
Description:
Incredible opportunity to own a historic and profitable rental property in the quaint Mad River Valley. A short drive to iconic ski areas, incredible restaurants and all the recreational opportunities one could ask for. This app. 5,500 sq. foot former bed and breakfast facility boasts a strong recent track record as a vacation rental. There are 9 bedrooms, 8 full baths, 2 half baths to accommodate large family and group gatherings. Coupled with numerous sitting rooms, a large multi-purpose room upstairs and a fantastic dining room and kitchen. The facility oozes old-Vermont farmhouse charm, but has been retrofitted for energy efficiency with mini-split units in each bedroom, energy efficient insulation work has been completed, as well as updated HVAC and fireplace inserts. Solar power, parking for EV's and a wonderful outdoor garden space are all waiting your personal touch. There is an additional caretaker's cabin with 2 br, 2ba and a loft to compliment the larger facility. This caretaker cabin is currently leased to tenants who help manage the facility through July 2025. This is a solid investment for a family, or group of families who enjoy skiing, biking, great food and all the incredible opportunities that the Vermont lifestyle affords.
Building Type : Hospitality
Equipment : CO Detector | Smoke Detectr-Hard Wired
Misc : Additional Outbuildings
Sale Includes : Barn | Land/Building/Business
Listed by Matt Havers Flat Fee Real Estate
Description:
Incredible opportunity to own a historic and profitable rental property in the quaint Mad River Valley. A short drive to iconic ski areas, incredible restaurants and all the recreational opportunities one could ask for. This app. 5,500 sq. foot former bed and breakfast facility boasts a strong recent track record as a vacation rental. There are 9 bedrooms, 8 full baths, 2 half baths to accommodate large family and group gatherings. Coupled with numerous sitting rooms, a large multi-purpose room upstairs and a fantastic dining room and kitchen. The facility oozes old-Vermont farmhouse charm, but has been retrofitted for energy efficiency with mini-split units in each bedroom, energy efficient insulation work has been completed, as well as updated HVAC and fireplace inserts. Solar power, parking for EV's and a wonderful outdoor garden space are all waiting your personal touch. There is an additional caretaker's cabin with 2 br, 2ba and a loft to compliment the larger facility. This caretaker cabin is currently leased to tenants who help manage the facility through July 2025. This is a solid investment for a family, or group of families who enjoy skiing, biking, great food and all the incredible opportunities that the Vermont lifestyle affords.
Building Type : Hospitality
Equipment : CO Detector | Smoke Detectr-Hard Wired
Misc : Additional Outbuildings
Sale Includes : Barn | Land/Building/Business
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1859
Wood Frame
Price Per SQ.FT. 188.58 No. of Units: 0
Building Size : 6199
Available SQFT : 8059
Building Type: Hospitality
Year Built: 1859
Wood Frame
Price Per SQ.FT. 188.58 No. of Units: 0
Building Size : 6199
Available SQFT : 8059
Building Type: Hospitality
ExteriorRoof: Metal
InteriorBasement: Unfinished
Land Information
Lot size: 3.3 acres
Zoned: Residential
Flood Zone: Unknown
Road Frontage: 411
Garage And Parking: On-Site | Parking Spaces 1 - 10
Road Frontage: 411
No. of Docks | 0.
UtilitiesHeating: Baseboard | Propane | Oil
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Cable - Available
AC % | 0.
Additional Information
Taxes $17,897
Assesed Value Not Reported
Taxes $17,897
Assesed Value Not Reported
Schools
