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Courtesy of Derek Greene of Derek Greene.

527 Sugarbush Access Road

Warren, VT 05674
  • $875,000
  • STATUS: Active
  • ON SITE: 199 Days
  • MLS #: 4910359
UPDATED: 76 min ago
$875,000
  • 8
    BEDS
  • 2.5
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,300
    SQFT
  • $203
    $/SQFT
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
School District:

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 restaurant 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 much desired residential housing. Initial permitting discussions commenced with the Town of Warren DRB over the past year 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 2 years. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the detail 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 ski club, developer or interested party looking for real estate rental income.

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© Copyright 2022 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 2022-12-03T09:06:08.46.
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527 Sugarbush Access Road Warren, VT 05674

  • Price: $875,000
  • Status: Active
  • On Site: 199 Days
  • Updated: 76 min ago
  • MLS #: 4910359
8
Beds
6
Baths
0
½ Baths
2.5
Acres
4,300
SQFT
$203
$/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 restaurant 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 much desired residential housing. Initial permitting discussions commenced with the Town of Warren DRB over the past year 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 2 years. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the detail 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 ski club, developer or interested party looking for real estate rental income.
Exterior Features

Area Description MountainNear Golf CourseNear SkiingNeighborhoodValley Color Natural Construction Wood Frame Driveway Other 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 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 Construction Status Existing Easements Unknown Electric 3 PhaseCircuit Breaker(S) Electric Company Gmp Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company Bourne's Energy Green Verification Rating Bronze Green Verification Status Official Heat Fuel Gas - Lp/Bottle Phone Company Watsfield Telecom Pre Construction No Restrictions Pets - Negotiable Seasonal No Sewer 1500+ GallonConcreteLeach Field - ExistingOn-Site Septic ExistsPrivate Tax Gross Amount 9032 Tax Year 2020 Taxes Tbd No Total Electric Meters 6 Total Gas Meters 6 Total1 Bed Units 3 Total2 Bed Units 1 Total3 Plus Bed Units 1 Trash DumpsterPrivate Unit1 Info Appliances IncludedCO DetectorHeat - GasRange - Electric Unit1 Rental Amount 850 Unit1 Tenant Pays ElectricHeatInternet Service Unit2 Info Appliances IncludedCO DetectorHeat - GasRange - Electric Unit2 Rental Amount 850 Unit2 Tenant Pays ElectricHeatInternet Service Unit3 Info Appliances IncludedCO DetectorHeat - GasLaundry Hookup Unit3 Rental Amount 1300 Unit3 Tenant Pays ElectricHeatInternet Service Unit4 Info Appliances IncludedCO DetectorRange - Electric Unit4 Rental Amount 850 Unit4 Tenant Pays ElectricHeatInternet Service Unit5 Info Co DetectorDryerHeat - GasLaundry HookupRange - Electric 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 Derek Greene of Derek Greene: [IDXCONTACTINFORMATION].


© Copyright 2022 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 2022-12-03T09:06:08.46.
 
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