94 West Main Street Vergennes, VT 05491

$1,495,000

Acreage: 4.9

Year Built: 1834

Square Feet: 0

Units: 0

MLS #: 4246144

Active

Property Description

Great Financing Available. Interest rate 4.25%, 15% down, 5% working capital . See virtual tour. Strong House Inn 4.9 acres, highly traveled RT 22A & has 14 Suite/Guest Rooms, 18 bathrooms, 2 dining rooms, library, Great room, Conference center. 2 owner's quarters: living, dining, bedroom room, spa bathroom, & large second story deck with staircase. The main house attic has been converted to a space for family or staff with living room, bathroom, 2 bedrooms & bathroom. Inn is licensed for 30 guests and 30 guests in the restaurant. It is also approved for private party functions up to 50 people. It has a full liquor, beer and wine license. There are 3 fire places in the main house and 3 fireplace in Rabbit Ridge building built in 1998. All heating and air conditioning systems are newly installed or have been updated. Over the last 3 years it has had an excellent NOI & is offered at a 10.5 CAP Rate. No deferred maintenance. Room rates between $120 & $350. Reservations up 16% in 2016

Property

  • Property Type: Commercial Sale
  • Type: Business, Hospitality
  • Type Use: Bed/Breakfast, Lodging
  • Acreage: 4.9
  • Zoning: Res/comm
  • Road Frontage: 341
  • Signage: Adequate
  • Lot:
  • Lot SqFt: 213,444
  • Roads:

Location

  • State: VT
  • Street: West Main Street
  • Building Number:
  • Zip Code: 05491
  • County: VT-Addison
  • Town: Vergennes

Building

  • Building SqFt: 0
  • Available SqFt: 0
  • Total SqFt: 0
  • Foundation: Fieldstone
  • Construction: Wood Frame
  • Year Built: 1834
  • Units: 0

Utilities

  • Heating: Baseboard, Hot Water
  • Cooling: Air Conditioning Units, Central AC
  • Services: DSL - Available

Exterior

  • Roof: Shingle, Slate
  • Exterior: Wood Siding
  • Parking: Garage, Parking Spaces 21+, Paved

Amenities

  • Accessibility Features: Access Parking, Paved Parking
  • Commercial Features: Additional Outbuildings, Fire System, Furniture Included, Inventory Included, Phone System, Public Restrooms, Showers, Smoke/Heat Detectors

Legal

  • Taxes: $34,021

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Copyright© 2016 The New England Real Estate Network. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/06/2016.

Property Listed By

John Nelson
John Nelson

Four Seasons Sotheby's International Realty

Middlebury, VT

Direct: (802) 385-1113