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18 North Main StreetWilmington, VT 05363MLS Number 4708136

  • Price: $795,000The price has recently decreased
  • 242 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.31% last updated on 2019-03-14

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

OLD RED MILL,currently operating as a 24 GUEST ROOMS (60 guests) B&B on 4.6 acres with over 1,800' Frontage on both sides of the Deerfield River.The Mill Building is over 10,000 sq ft plus a full basement.This is an extraordinary opportunity to own a successfully operated Landmark property in the heart of the Historic Village of Wilmington,Vt,located approx.8 miles north of the Mass Border midway between Bennington and Brattleboro, VT.“The Mill” as it is known to locals offers a rustic atmosphere;2 bars,3 dining rooms and “deck seating” overlooking the Deerfield River in the warmer months. Restaurant closed 2015, licensed for 125 seats w/expansion possible.The downtown location is convenient not only for inn guests to walk to the many venues offered in Historic Wilmington but is also a great base location for visiting Mt.Snow and the Hermitage Club facilities. A big plus for this property is the 36 on site parking.Although it is common knowledge that Wilmington suffered severe damage due to Tropical Storm Irene in 2011,the Mill fared well, the basement housing the mechanical components was impacted the most.Benefits to a new owner,NEW, 600 amp electrical system,hot water heaters,heating and central air conditioning systems throughout,AND is fully Sprinkled.Being sold "as is" & includes most FF&E.Present owners in residence for 44 yrs The real estate office adjacent to the south side of the Mill building is not included in this sale. Possible Owner Financing to Qualified Buyer

Listed by Dick Palmer of Hospitality Consultants, LLC

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Parking

  • Parking Spaces

Building

  • Year Built1828
  • Units1
  • Square Feet10000
  • Available Sqft10000
  • BasementConcrete Floor, Dirt Floor, Full, Stairs - Interior, Storage Space, Sump Pump, Unfinished
  • Rail Available Y/NNo

Exterior

  • ExteriorWood Siding

Utilities

  • FuelElectric, Gas - LP/Bottle
  • Heating CoolingElectric, Forced Air, Multi Zone

Photos

  • Number of Photos31

Basic Information

  • Virtual TourClick Here
  • StatusACT
  • Date Listed2018-07-21T00:00:00
  • Modification Date02/05/2019
  • TypeHospitality
  • List Price$795,000
  • Agent NamePalmer
  • Broker NameHospitality Consultants, LLC
  • Listing Agent NameDick Palmer
  • Lister Office NameHospitality Consultants, LLC
  • MLS Number4708136

Location

  • Building Number18
  • StreetNorth Main
  • TownWilmington
  • StateVT
  • Zip05363
  • CountyWindham

Property

  • Acreage4.6
  • Property TypeCommercial Sale
  • Lot Sqft200376
  • Road Frontage868
  • SignageAdequate

Amenities

  • Accessibility AmenitiesAccess Common Use Areas, Access Parking, Access Restrooms, Bathroom w/Step-in Shower

Other

  • bloggingYes
  • AC percent100
  • Book71
  • Transport AccessState Highway, Paved
  • Page352
  • Delayed ShowingsNo
  • View Count10

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web 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 March 19, 2019.

 

 

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