94 West Main StreetVergennes, VT 05491MLS Number 4246144

  • Price: $1,549,000
  • 1532 Days on Market
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Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 4.9Acreage
  • 1834Year Built
  • 8849Square Feet
  • 15Units

Income $381,239 for 2016, Occupancy 48.05% 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

Listed by John Nelson and Christine Fraioli of Four Seasons Sotheby's Int'l Realty

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Geri Reilly Real Estate
Office: 802.862.6677
340 Dorset Street
Suite 4
South Burlington, VT 05403

More Info

Basic Information

  • Modification Date06/29/2017
  • List Price$1,549,000
  • Date Listed2013-06-14T00:00:00
  • StatusACT
  • MLS Number4246144

Interior

  • BasementFull, Partial

Utilities

  • UtilitiesDSL - Available
  • FuelGas - LP/Bottle, Oil
  • Heating CoolingBaseboard, Hot Water

Location

  • Zip05491
  • StateVT
  • Building Number94
  • TownVergennes
  • CountyAddison
  • AreaNeighborhood, Suburban
  • StreetWest Main Street

Exterior

  • Parking Spaces0
  • RoofShingle, Slate
  • ExteriorWood Siding

Amenities

  • Accessibility AmenitiesAccess Parking, Paved Parking

Building

  • Square Feet8849
  • Year Built1834
  • FoundationFieldstone
  • Units15
  • ConstructionWood Frame

Property

  • Property TypeCommercial Sale
  • Road Frontage341
  • ZoningRes/comm
  • Lot Sqft213444
  • TypeBusiness, Hospitality
  • SignageAdequate
  • Acreage4.9

Other

  • Broker NameFour Seasons Sotheby's Int'l Realty
  • Agent NameNelson
  • bloggingYes
  • AC percent100
  • Book50
  • Transport AccessMajor Road Access, State Highway, Paved
  • Page458-460
  • Delayed ShowingsNo
  • Number of Photos30
  • View Count49

Vergennes, VT Demographics

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Vergennes, VT Real Estate Market Data

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Vergennes, VT Schools

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