3806 Vt Route 11 Under Contract

Londonderry,VT 05148

$ 899000

- Bed

- Bath

8622 SqFt


Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Under Contract

Purchase Type For Sale

Square Footage 8,622 sqft

Price per Sqft $104

MLS Listing ID 5009309

Year Built 1962

Annual Tax Amount $7,886

Tax Year 2023

Lot Size 3.600 Acres

Property Description

This property features a 18-unit motel, that includes two apartment suites, alongside a spacious 3-bedroom, 2-bathroom home, making it a unique investment opportunity. Situated in the charming town of Londonderry, this property is perfectly positioned to attract visitors year-round with its proximity to two of Vermont's most popular ski destinations—Okemo Mountain Resort and Stratton Mountain Resort, offering prime income potential. Okemo Mountain Resort, just a short drive away, is renowned for its friendly atmosphere, extensive trail system, and top-notch snow conditions. Whether guests are avid skiers or simply looking to enjoy the winter scenery, Okemo provides a wide range of activities including skiing, snowboarding, and snowshoeing. Stratton Mountain Resort, also within easy reach, offers a slightly different experience with its charming village, diverse terrain, and vibrant après-ski scene. In addition to winter sports, Stratton is a four-season destination with golf, hiking, and mountain biking opportunities during the warmer months. The motel’s proximity to these popular destinations and the combination of commercial and residential spaces presents a lucrative opportunity in a sought-after location.

Location

State VT

County Vt-windham

Area Vt-Windham

Zoning res

Rooms

Basement Entrance Interior

Interior

Inclusions Additional Buildings,Equipment,Land/Building/Business

Exterior

Parking Features Driveway,Garage

Garage Description Driveway,Garage

Utilities Available Cable,Satellite,Telephone Available,Oil Tank - Underground

Roof Type Metal

Building

Foundation Concrete

Sewer 1000 Gallon,Concrete,Leach Field,Septic

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