Bought with Marni Rieger • KW Vermont-Killington
$525,000
$549,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
55 North Main ST Rochester, VT 05767
7,216 SqFt
Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Business,Hospitality,Investment,Multi-Family,Office,Opportunity,Other,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,216 sqft
Price per Sqft $72
MLS Listing ID 4787913
Sold Date 10/28/20
Year Built 1860
Annual Tax Amount $7,263
Tax Year 2019
Lot Size 0.770 Acres
Acres 0.77
Property Sub-Type Business,Hospitality,Investment,Multi-Family,Office,Opportunity,Other,Retail
Property Description
STRONG INVESTMENT OPPORTUNITY MINUTES TO KILLINGTON, SUGARBUSH & MIDDLEBURY SNOWBOWL! Operating successfully for over 28 years by the same owners. The building consists of 7,966 square feet of which 7,216 is finished space and has a total of 7 rentable units. The main level of the building is a local historic landmark, The Rochester Café (45 person licensed restaurant) and Country Store which has a very welcoming open layout with gorgeous wood floors, high ceilings, and large windows. Second level of the building is comprised of two spacious rental apartments ( 2 bed/ 1 bath) and (1 bed/ 1 bath newly renovated). Behind the café building is a newly renovated 3 bed/ 1 bath Airbnb rental unit. Additionally, there are two open studio rental units that could be set up as residential apartments or office space for lease. The last unit is set up as cold storage rental space. Annual gross rental income is currently 60K. Ample parking and great exposure on scenic Route 100. There is a lot of potential here. You can run the building as it is or bring your imagination and turn it into what you desire it to be! Come live the Vermont dream and explore this awesome opportunity close to world class skiing and endless recreation (hiking, mountain biking, fishing, swimming/tubing, x country skiing, snowmobiling)! Property is being offered with all the real estate and a successful long term business. Schedule a private tour today of this fine property set in the heart of the Green Mountains!
Location
State VT
County Vt-windsor
Area Vt-Windsor
Zoning Commercial
Rooms
Basement Entrance Interior
Basement Concrete, Concrete Floor, Dirt, Partial, Stairs - Interior, Storage Space, Unfinished
Interior
Heating Oil
Cooling None
Equipment CO Detector, Smoke Detector
Exterior
Exterior Feature Clapboard, Wood Siding
Parking Features On-Site, Parking Spaces 11 - 20, Paved
Garage Description On-Site, Parking Spaces 11 - 20, Paved
Utilities Available Cable - At Site, Fiber Optic Internt Avail, High Speed Intrnt -AtSite, Internet - Fiber Optic, Telephone At Site
Roof Type Membrane,Metal
Building
Lot Description Corner, Level, Major Road Frontage, Mountain View, Neighbor Business, Rental Complex, Sloping, View
Foundation Concrete, Poured Concrete, Stone
Sewer Public
Water Public
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