2440 Sugarbush Access RoadWarren, VT 05674MLS Number 4652613
- Price: $699,000The price has recently decreased
- 200 Days on Market
|Price||Down Payment||Interest Rate||Years|
Est. Mortgage: $/month
Federal 30-year interest rate: 3.94% last updated on 2017-12-21
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
- 146Road Frontage
Current owners have been in residence since 2004. The Inn has 9 guest bedrooms all with private baths plus lovely common areas with fireplace in the living room and wood stove in the dining room. The Kitchen is a chefs dream with an AGA Stove, commercial refrigeration and spectacular layout. All the guest rooms are beautifully decorated. The Inn receive great reviews on Trip Advisor for the rooms, the wonderful breakfasts and accolades about the hosts who hail from the UK. The owners quarters which is separated from the Inn has 2 bedrooms, living room with fireplace office and a massive deck nestled into the tree tops that offers total privacy spring summer and fall with spectacular view of Sugarbush Mountain Resort in the winter. The Sugartree Inn is the closest independent hospitality property to the Mountain.
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- Modification Date02/14/2018
- List Price$699,000
- Date Listed2017-08-08T00:00:00
- MLS Number4652613
- Parking Spaces
- Broker NameHospitality Consultants, LLC
- Agent NamePalmer
- Delayed ShowingsNo
- Number of Photos29
- View Count11
- Building Number2440
- StreetSugarbush Access
- Sale IncludesLand/Building/Business
- Excluded From SalePersonal Items
- Square Feet5198
- Year Built1970
- Property TypeCommercial Sale
- Road Frontage146
- Lot Sqft23958
. 4300 Square Feet 2.5 Acreage Year Built in 1960.
MOTIVATED SELLER offering an exceptional business opportunity and real estate investment. Prime location on the Sugarbush Access Road in Warren on 2.5 acres. 95 seat restaurant with all modern features, updated oversize commercial kitchen and impeccable attention to detail. A full remodel and rebranding placed this restaurant back on the food scene in the Mad River Valley in 2008. The interior layout and design also provides an ideal location for weddings, social catering and music functions. The venue has had a very strong history in hosting such events in the Valley. In addition to all FF&E for this turn key business, a 4 unit apartment building and a 2 BR chalet, built in 1980 are included in the purchase and currently fully leased. The 4 unit structure, built in 1963, features 3 one bedroom units & 1 two bedroom unit. Detail information is available for the restaurant operations and rental income which is enough to pay for a traditional mortgage for this incredible opportunity. More
. 2931 Square Feet 1 Acreage Year Built in 1965.
LOCATION is everything about this opportunity. The purchase includes all furnishings, fixtures, & equipment (FF&E) to operate at full strength from day one. The deli & market is located within view of the parking lot for the Sugarbush South ski area and Lincoln Peak, one of Vermont's premier vacation spots. The deli & market enjoys its close relationship with the many visitors in the area for skiing, golfing, shopping, various summer activites and of course all the snowshoe, ski & winter vacationers that flock to the Mad River Valley year round. Easy walking distance from hundreds of vacation rooms, condos & second homes and with no competition for over 3 miles has allowed this business to achieve the high level of success it enjoys. With a signed Confidentially Agreement and a pre-qualification letter the financial information will be made available and will easily support the listed price. A new owner also has the ability to expand the offerings of the deli which will enhance the income. Potential is present for carry-out and/or pre-prepared meals, pizza, catering or perhaps custom meat cuts. The store does not at the current time sell lottery tickets which is another profit center that might be considered as while they are not a huge profit margin they bring customers to the store and most will purchase something else. Seller will assist in training a new owner. Inventory is available at Sellers cost and generally runs about 25,000 to $50,000 on average. More
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