2220 Depot Street, Manchester, VT 05255

$1,450,000
For Sale
Type: Commercial Sale Lot Size: 3.9 Acres
TODO: Documents

Property Details for 2220 Depot Street, Manchester, VT 05255

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Property Overview

Established Inn with 16 renovated rooms. The ideal location near town gives good visibility on the route leading from Manchester to 4 ski resorts and year round outdoor recreation. The rear of the Inn overlooks Bromley Brook and the beautifully landscaped property allows guests private enjoyment of the brook with the mountain view beyond. Together with a nice pool and a breakfast room with large central fireplace, the well-maintained Inn is great for families and groups traveling together. And for a buyer or a family seeking a home-based business, the 2-story, very private, handsome owners' quarters, built in 2005, is exceptional. With 3 bedrooms and 2 1/2 baths, it features wood floors, radiant heat, open living with a beautiful kitchen, 9 foot ceilings, a master suite with steam shower and jacuzzi, attached heated garage and a view to the mountains from both levels. At asking price; the new owners would enjoy a 5.5% CAP rate when an all expense paid life style is included when making a financial evaluation of this property. There is plenty of upside potential for this property; all going to the bottom line!
Courtesy Of Josiah Allen Real Estate inc.

Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Exterior Type: Wood
  • Heating Fuel: Oil
  • Heating Fuel: Natural Gas
  • Lot Size: 169884
  • MLSID: 4621224
  • Roof Type: Unknown
  • Rooms: Basement
  • View Type: River

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Demographic Data for Manchester Center, VT 05255

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HOUSEHOLD INCOME
$80K
MEDIAN AGE
52
OWNER OCCUPIED DWELLINGS
1,396
VACANT DWELLINGS
688
HOUSEHOLDS WITH CHILDREN
568
ETHNIC BACKGROUND
POPULATION
4,354
Population per Square Mile
110.5
Population Change Since 2000
10%
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The Commercial Sale property located at 2220 Depot Street, Manchester, VT 05255 is currently for sale. 2220 Depot Street, Manchester is listed for $1,450,000. If the property located at 2220 Depot Street, Manchester, VT isn't what you're looking for, search Vermont commercial real estate to see other properties for sale or lease in Manchester Center.