Profitable multi-use real estate investment with value add opportunity within Vermont’s Mad River Valley located 2 miles from Sugarbush Ski Resort. This 2.5-acre parcel consists of three separate buildings. The restaurant building was completely remodeled in July 2008 and includes a 95-seat restaurant, large commercial kitchen, great bar area, breathtaking stone wood-burning pizza oven, office/storage space. It could continue as a restaurant or repurposed to become a special events center with rehearsal dinners/weddings, live music venue, a catering business model or commercial space. The second structure comprises a 4-unit apartment building which includes (3) one-bedroom units and (1) three-bedroom unit. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the detail content of this listing refers to the restaurant building primarily. Square footage & general information on the 4-unit apartment building & 2-bedroom ranch is available. This is an ideal investment opportunity for a ski club, developer or interested party looking for real estate rental income. Owner is the broker.
15 days
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935
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59
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Zillow last checked:
Listing updated:
Listed by:
Nick Lizotte,
Vermont Realty Services LLC802-585-1131
Source: PrimeMLS,MLS#: 5100428
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Full bathrooms: 6
Heating
Propane, ENERGY STAR Qualified Equipment, Vented Gas Heater, Hot Air, Wall Units
Cooling
None
Appliances
Included: Electric Water Heater, Propane Water Heater
Features
Flooring: Carpet, Hardwood, Slate/Stone
Has basement: No
Interior area
Total structure area: 4,300
Total interior livable area: 4,300 sqft
Finished area above ground: 4,300
Finished area below ground: 0
Property
Parking
Total spaces: 21
Parking features: Off Site, On Site, Parking Spaces 21+, Unpaved
Features
Levels: Two,Multi-Level
Frontage length: Road frontage: 300
Lot
Size: 2.5 Acres
Features: Major Road Frontage, Neighbor Business, Wooded, Mountain, Near Golf Course, Near Skiing, Neighborhood, Valley
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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