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Additional details
Listed by Flex Realty Group • Flex Realty
$899,000
Est. payment /mo
8,622 SqFt
UPDATED:
12/10/2024 05:53 PM
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
Acres 3.6
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
Basement Concrete, Daylight
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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