2220 Depot Street

Estimated Monthly Payment: $7,702/mo 2220 Depot Street, Manchester, VT 05255 MLS# 4621224 Commercial Sale Listing Status: Active
11,500 sqft

Courtesy of Josiah Allen Real Estate, Manchester Branch Office - John Sobel

 

741
10
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REMARKS:

Established Inn with 16 renovated rooms. The ideal location near town gives good visibility on the route leading from Manchester to 4 ski resorts and year round outdoor recreation. The rear of the Inn overlooks Bromley Brook and the beautifully landscaped property allows guests private enjoyment of the brook with the mountain view beyond. Together with a nice pool and a breakfast room with large central fireplace, the well-maintained Inn is great for families and groups traveling together. And for a buyer or a family seeking a home-based business, the 2-story, very private, handsome owners' quarters, built in 2005, is exceptional. With 3 bedrooms and 2 1/2 baths, it features wood floors, radiant heat, open living with a beautiful kitchen, 9 foot ceilings, a master suite with steam shower and jacuzzi, attached heated garage and a view to the mountains from both levels. At asking price; the new owners would enjoy a 5.5% CAP rate when an all expense paid life style is included when making a financial evaluation of this property. There is plenty of upside potential for this property; all going to the bottom line!

OVERVIEW:

Commercial Sale
Active
1965
11500
169884
3.90
Major Road Frontage, River, View
Wood
Gas - LP/Bottle, Oil
Central AC
Public Water - On-Site
Septic

ROOM INFO:

Finished, Full, Stairs - Interior, Storage Space

FINANCIAL:

$1,450,000
$13,073

NEIGHBORHOOD & SCHOOL INFORMATION:

 

 Courtesy of John Sobel, Josiah Allen Real Estate, Manchester Branch Office

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