Description
Profitable multi-use real estate investment with value add opportunity within Vermont’s Mad River Valley located 2 miles from 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. The second structure comprises a 4-unit apartment building which includes (3) one-bedroom units and (1) three-bedroom unit. 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. Owner is the broker.
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8BEDS
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2.5ACRES
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6BATHS
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01/2 BATHS
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4,300SQFT
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$209$/SQFT
School Information
Description
Profitable multi-use real estate investment with value add opportunity within Vermont’s Mad River Valley located 2 miles from 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. The second structure comprises a 4-unit apartment building which includes (3) one-bedroom units and (1) three-bedroom unit. 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. Owner is the broker.
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Courtesy of Nick Lizotte of Vermont Realty Services LLC: .