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Simply Stunning...Reliably Profitable

VTInternalID Vermont

  • Price: $2,200,000The price has recently decreased
  • Est. Mortgage of $/month
  • 588 Days on Market
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-04-27

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

Current owners have cultivated several HR relationships over the past 11 years that has secured them a very strong, reliable mid-week corporate clientele.  In 2013 they made the decision to close the restaurant and operate the business as a Bed & Breakfast Inn with an intimate, full service bar open to lodging guests only.  They continue to host special events and functions, but hire an outside caterer to provide food service.  The inn’s corporate and leisure travel clientele, as well as, local residents would love to see dinner service reinstated.  All licenses, fixtures and equipment are in place to reopen the restaurant should new owners choose to maximize the use of this superb facility.  There is a newly refurbished 1-bedroom, 1-bath owners’ apartment on the second floor of the main inn.  It features a sleek, new galley kitchen with stainless appliances, a peninsula island dining bar that opens to an attractive sitting area with built-in entertainment center.  This attractive living space opens to a private, westerly facing deck.  A switchback staircase leads to a large, semi-finished attic space that could be converted to additional living space.  One of the smaller guest rooms on the third floor of the inn could easily be adjoined to the owners’ quarters if desired.  New owners may want to consider building a home onsite or purchasing one of exquisite period homes in the surrounding Historic District.

This landmark inn has a stellar reputation as a premier dining and lodging venue that spans 50 years. The architecturally exquisite Colonial Revival main inn is situated prominently in a prestigious, historic district amidst eleven acres of park like grounds. The 11 guest rooms and suites are stylishly updated and furnished with an eye to preserving the inn's old world charm. All have private baths, flat screen TV's and individually controlled heat and air-conditioning. Most have working fireplaces and luxurious bathrooms with jetted tubs. Due to its strategic location, architectural style and appeal, this inn attracts both business and leisure travelers, as well as, a healthy special function business.


The inn’s facilities and gorgeous grounds, particularly its garden terrace designed to accommodate large, tented functions, make it ideally suited to attract the lucrative country wedding market. Current owners have cultivated several HR relationships over the past 10 years that has secured them a very strong, reliable mid-week corporate clientele. In 2013 they made the decision to close the restaurant and operate the business as a Bed & Breakfast Inn with an intimate, full service bar open to lodging guests only. They continue to host special events and functions, but hire an outside caterer to provide food service. The inn’s corporate and leisure travel clientele, as well as, local residents would love to see dinner service reinstated. There is a newly refurbished 2-bedroom, 1-bath owners’ apartment on the second floor of the main inn. Owners who prefer to live in a detached house may want to consider building a home onsite or purchasing one of exquisite period homes in the surrounding Historic District.

 

Listed by Pamela Long

More Info

Basic Information

  • StatusACT
  • List Price$2,200,000
  • SiteID4896
  • Date Listed2016-01-06T15:04:46
  • Listing NumberX50274509

Location

  • StateVT

Other

  • Broker ID4185-0
  • Number of Photos29
  • Agent ID21731
  • InternalIDVermont
  • View Count1

Property

  • Property NameSimply Stunning...Reliably Profitable

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