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Listed by Eben D Viens • Barrett & Valley Assoc. Inc
$1,200,000
Est. payment /mo
6,534 Sqft Lot
UPDATED:
10/15/2024 09:30 PM
Key Details
Property Type Commercial
Sub Type Business,Hospitality,Investment,Office,Opportunity,Retail
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 5006214
Year Built 1870
Annual Tax Amount $14,464
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Description
A profitable and unique lodging property in buzzing Bristol, Vermont! We are thrilled to be offering this architecturally significant, strategically renovated and well positioned hospitality property at the heart of a thriving New England market and within minutes of Middlebury, Vermont, with its active liberal arts college. Bristol suites offers seven spacious accommodations (two "mini suites" and five sprawling apartment style rentals with kitchens and expanded common and dining areas), well designed support facilities, and two retail spaces with high visibility. One of the storefront retail spaces - Vermont Marketplace - is operated by owners of Bristol Suites and is included in the transfer while the other space is rented to a local business on a monthly basis. This historic and exceptionally well maintained asset and business is within walking distance to all of Bristol's amenities, celebrated restaurants, and mere miles from the Long Trail and Mount Abraham, offering access to dozens of hiking trails, swimming holes and striking waterfalls. Business activity reflects Bristol's strength as an established leisure travel destination in addition to the benefit of proximity to a thriving liberal arts college which drives occupancy outside of the peak summer season. This is a rare opportunity to purchase one of the most historically significant buildings in the downtown area of Bristol and a well established hospitality business. View the 3D Tour and call/text for details!
Location
State VT
County Vt-addison
Area Vt-Addison
Zoning Commercial
Rooms
Basement Entrance Interior
Basement Bulkhead, Concrete Floor, Storage Space, Interior Access, Stairs - Basement
Interior
Heating Gas - LP/Bottle, Oil
Cooling Other
Inclusions Equipment, Inventory, Land/Building/Business
Exterior
Parking Features Driveway, Off Street, On-Site
Garage Description Driveway, Off Street, On-Site
Utilities Available Cable - At Site, Gas - On-Site, Telephone At Site
Building
Sewer Public
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