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    527 Sugarbush Access Road

    Warren, VT 05674
    • $950,000
    • STATUS: Active
    • ON SITE: 5 days
    • MLS #: 4847923
    New On Site 5 Days Ago
    UPDATED: 47 min ago
    $950,000
    • 8
      BEDS
    • 2.5
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,300
      SQFT
    • $221
      $/SQFT
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    School District:
    Courtesy of Kris Lippi of Get Listed Realty.

    Description

    Profitable multi-use real estate investment opportunity within Vermonts Mad River Valley located by Sugarbush Ski Resort. This 2.5-acre parcel consists of three separate buildings. The main building is currently operating as a "To-Go pizza business under a monthly lease. This 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 residential housing. Initial permitting discussions commenced with the Town of Warren DRB 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 18 months. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the 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 developer or an interested party looking for real estate rental income.

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    © Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-02-25T11:06:14.947.
    www.livingvermont.com/homes/114356533
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    527 Sugarbush Access Road Warren, VT 05674

    • Price: $950,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 4847923
    8
    Beds
    6
    Baths
    0
    ½ Baths
    2.5
    Acres
    4,300
    SQFT
    $221
    $/SQFT
    1960
    Built
    County:
    Washington
    Area:
    Warren
    Elementary School:
    Warren Elementary School
    Middle School:
    Harwood Union Middle/High
    High School:
    Harwood Union High School
    School District:
    Harwood Uhsd 19
    Property Description
    Profitable multi-use real estate investment opportunity within Vermonts Mad River Valley located by Sugarbush Ski Resort. This 2.5-acre parcel consists of three separate buildings. The main building is currently operating as a "To-Go pizza business under a monthly lease. This 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 residential housing. Initial permitting discussions commenced with the Town of Warren DRB 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 18 months. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the 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 developer or an interested party looking for real estate rental income.
    Exterior Features

    Area Description MountainNear Golf CourseNear SkiingNeighborhoodValley Color Natural Construction Wood Frame Driveway DirtPaved Exterior ClapboardWood Has Garage No Lot Description Major Road FrontageNeighbor BusinessWooded Parking Off-SiteOn-SiteParking Spaces 21+Unpaved Road Frontage Yes Road Frontage Length 300 Roads DirtPavedPrivate Roof MetalShingle - Asphalt Style Apartment BuildingContemporaryMulti-FamilyMulti-LevelRanch

    Interior Features

    Cooling None Flooring CarpetHardwoodSlate/Stone Foundation Poured ConcreteSlab - Concrete Has Basement No Heating Energy Star SystemGas Heater - VentedHot AirWall Units Total Heated Units 6 Total Ranges 5 Total Refrigerators 5 Total Water Heaters 6 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 2 Water Heater ElectricGas - Lp/Bottle

    Property Features

    Assessment Year 2020 Auction No Construction Status Existing Easements Unknown Electric 3 PhaseCircuit Breaker(S) Electric Company Gmp Flood Zone No Fuel Company Bourne's Energy Green Verification Rating Bronze Green Verification Status Official Heat Fuel Gas - Lp/Bottle Phone Company Waitsfield Telecom Planned Urban Developmt No Pre Construction No Restrictions Pets - Negotiable Seasonal No Separate Utilities Yes Sewer 1500+ GallonConcreteLeach Field - ExistingOn-Site Septic ExistsPrivate Tax Gross Amount 9032 Tax Year 2020 Taxes Tbd Unknown Total Electric Meters 6 Total Gas Meters 6 Total Leases 6 Total1 Bed Units 3 Total2 Bed Units 1 Total3 Plus Bed Units 1 Trash DumpsterPrivate Unit1 Info Appliances IncludedCO DetectorHeat - GasRange - ElectricRefrigeratorSmoke DetectorWater Heater Unit1 Rental Amount 850 Unit1 Tenant Pays ElectricHeatInternet Service Unit2 Info Appliances IncludedCO DetectorHeat - GasRange - ElectricRefrigeratorSmoke DetectorWater Heater Unit2 Rental Amount 850 Unit2 Tenant Pays ElectricHeatInternet Service Unit3 Info Appliances IncludedCO DetectorHeat - GasLaundry HookupRange - ElectricRefrigeratorSmoke DetectorWater Heater Unit3 Rental Amount 1300 Unit3 Tenant Pays ElectricHeatInternet Service Unit4 Info Appliances IncludedCO DetectorRange - ElectricRefrigeratorSmoke DetectorWater Heater Unit4 Rental Amount 850 Unit4 Tenant Pays ElectricHeatInternet Service Unit5 Info Co DetectorDryerHeat - GasLaundry HookupRange - ElectricRefrigeratorSmoke DetectorWasherWater Heater Unit5 Rental Amount 1075 Unit5 Tenant Pays ElectricHeatInternet Service Utilities Cable - AvailableDsl - AvailableGas - Lp/BottleHigh Speed Intrnt -Avail Water Drilled WellOn-Site Well Exists Zoning Rr

    Courtesy of Kris Lippi of Get Listed Realty.


    © Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-02-25T11:06:14.947.
     
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    RE/MAX North Professionals
    553 Roosevelt highway suite 200
    Colchester VT, 05446
    Courtesy of Kris Lippi of Get Listed Realty.