List Price: $675,000 Commercial
Space type
Price Change! Reduced by $74,000 down 11% on September 18th 2024
Under Contract Date Listed Saturday Jul 20, 2024 | MLS# 5005991
Space type
Price Change! Reduced by $74,000 down 11% on September 18th 2024
Under Contract Date Listed Saturday Jul 20, 2024 | MLS# 5005991
To see this Listing
Address: 88 East Main Street Wilmington VT
Listed by Jacki Murano Southern Vermont Realty Group
Description:
Step into a piece of history with this versatile property in the downtown business district of Wilmington, Vermont. For decades, this property has served as a beloved destination for travelers, skiers, diners, and locals alike. This well-known establishment and landmark is ready for its next chapter under your stewardship. The property includes a full bar, large open dining rooms, entertainment space, office space, 4 bedroom owner's quarters, two 2 bedroom apartments, and a standalone building with 16 motel rooms. Located in the heart of downtown Wilmington, this property boasts excellent frontage on Route 9, offering fantastic visibility and ample parking in a paved lot. With an unheard-of 3 acres of in-town space, there's plenty of room for events on the beautiful lawn, which fronts Beaver Brook or the entertaining/dining deck which over looks the brook and lawn. Its prime location offers close proximity to multiple ski areas, lakes, and four-season recreation opportunities. Local public transportation access makes it easy to reach the Amtrak train station, providing direct connectivity from there to Boston and NYC. You can also catch a shuttle to Mount Snow Ski Resort. The potential here is immense. Whether you envision a restaurant, entertainment venue, hospitality operation, or even multi-family apartments and housing--which are in high demand--this property can accommodate your vision. Don't miss this opportunity to breathe new life into a cherished local landmark.
Building Type : Business | Hospitality | Investment | Multi-Family | Office | Opportunity | Other
Sale Includes : Additional Buildings | Land/Building
Listed by Jacki Murano Southern Vermont Realty Group
Description:
Step into a piece of history with this versatile property in the downtown business district of Wilmington, Vermont. For decades, this property has served as a beloved destination for travelers, skiers, diners, and locals alike. This well-known establishment and landmark is ready for its next chapter under your stewardship. The property includes a full bar, large open dining rooms, entertainment space, office space, 4 bedroom owner's quarters, two 2 bedroom apartments, and a standalone building with 16 motel rooms. Located in the heart of downtown Wilmington, this property boasts excellent frontage on Route 9, offering fantastic visibility and ample parking in a paved lot. With an unheard-of 3 acres of in-town space, there's plenty of room for events on the beautiful lawn, which fronts Beaver Brook or the entertaining/dining deck which over looks the brook and lawn. Its prime location offers close proximity to multiple ski areas, lakes, and four-season recreation opportunities. Local public transportation access makes it easy to reach the Amtrak train station, providing direct connectivity from there to Boston and NYC. You can also catch a shuttle to Mount Snow Ski Resort. The potential here is immense. Whether you envision a restaurant, entertainment venue, hospitality operation, or even multi-family apartments and housing--which are in high demand--this property can accommodate your vision. Don't miss this opportunity to breathe new life into a cherished local landmark.
Building Type : Business | Hospitality | Investment | Multi-Family | Office | Opportunity | Other
Sale Includes : Additional Buildings | Land/Building
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 0
Price Per SQ.FT. 0.00 No. of Units: 0
Building Size : 0
Building Type: Business | Hospitality | Investment | Multi-Family | Office | Opportunity | Other
Year Built: 0
Price Per SQ.FT. 0.00 No. of Units: 0
Building Size : 0
Building Type: Business | Hospitality | Investment | Multi-Family | Office | Opportunity | Other
Exterior
InteriorBasement: Other
Land Information
Lot size: 3.1 acres
Zoned: commercial
No. of Docks | 0.
UtilitiesUtilities: Telephone At Site
AC % | 0.
Additional Information
Taxes $9,317
Assesed Value Not Reported
Taxes $9,317
Assesed Value Not Reported
Schools
