A rare opportunity to own one of Stowe's most historic lodging properties. Located on Mountain Road with high visibility, The Round Hearth is the former home of one of the country's most famous ski dorms! Changing with the times the building is now operated as a cafe, with a piano bar and the Round Hearth to relax by Apres' Ski. The former dorm rooms have been converted to Guest Rooms for rent along with Antique & Craft Consignment Spaces. The "West Wing" features three rooms and two bathrooms - formerly the "Chaperone's Wing". An additional apartment is currently under renovation. The main level features a commercial kitchen, reception desk, retail space, plenty of dining area, and the 3/4 Bedroom, two bathroom, Owner's Apartment. Outdoor dining and garden spaces for both guests and private spaces for owners allow living on-site with privacy. Five newly renovated Air BnB rooms, a 16-person hot tub, and 48 parking spaces open the options for a new owner. This property has the potential to be transformed into apartments. This is a prime location on the Mountain Road in Stowe is 4.3 miles to the ski area. The Stowe Recreation Path is across the road, hiking, biking, golf, dining, and all the area has to offer is nearby. See the 3D Tour and Floor Plans in the link provided. Also listed as Commercial Property MLS #4919021.
A unique and lucrative 9-unit investment property located just 5 minutes from downtown Waterbury. The lot consists of 31 acres and permits are available for an additional stand alone building with three 2 bedroom apartments. The barn, with 6 units, was fully renovated starting in 2000 and the apartments are comfortable and inviting with exposed beams, great light and modern finishes. The farmhouse, also renovated, consists of 2/2 bedroom large units and a one bedroom unit. Additional features include secure storage units for each apartment, a shared coin-op laundry room, newer boilers and water heater. This is a rare opportunity to own a stable income producing asset with a quiet country setting, open garden space, plenty of parking and long term tenants. Take advantage of the income from a well maintained and easy to manage property in a highly desirable location. Easy commute to Burlington or Montpelier, and close to many recreational activities. Property was withdrawn previously because Seller wanted to wait to close until 2023.
Three Building Mixed-Use Portfolio: This offering consists of a 2 unit residential building located a 68 Lower main, a 3 unit residential building located a 66 Lower Main and a 6 unit mixed-use retail and residential building located at 50 Lower Main. All the units are leased and these properties have along rental history. The lot has potential for an additional building and permits are in place to convert the current barn to a single unit residential space. Explore the benefits of a project located in a designated Village Center while enjoying an already income producing property. The buildings share common access and must be sold as a package. 48 hour notice is required to tour the property. Financial information available upon request.
Profitable multi-use real estate investment opportunity within Vermont’s Mad River Valley located by Sugarbush Ski Resort. This 2.5-acre parcel consists of three separate buildings. The restaurant building was completely remodeled in July 2008 and includes a 95-seat restaurant, large commercial kitchen, great bar area, breathtaking stone wood-burning pizza oven, office/storage space. It could continue as a restaurant or repurposed to become a special events center with rehearsal dinners/weddings, live music venue, a catering business model or commercial space. However, the building also lends itself perfectly to be converted into much desired residential housing. Initial permitting discussions commenced with the Town of Warren DRB over the past year for a building conversion into a single-family dwelling or boarding house concept. The second structure comprises a 4-unit apartment building which includes (3) one-bedroom units and (1) three-bedroom unit. Apartment renovations and upgrades have been ongoing over the past 2 years. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the detail content of this listing refers to the restaurant building primarily. Square footage & general information on the 4-unit apartment building & 2-bedroom ranch is available. This is an ideal investment opportunity for a ski club, developer or interested party looking for real estate rental income.
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