Description
Rare turnkey mixed-use investment opportunity along Vermont’s scenic Route 100 corridor. This versatile 3,874 SF property (4,954 SF total) functions as two fully independent residences connected by a breezeway, with potential for 1–2 additional units. Ideal for short-term rentals, co-living, group housing, or owner-occupied income generation, with strong potential for commercial uses such as a bed & breakfast, retreat center, professional offices, wellness facility, or continued care operation (subject to approvals). The property offers 16 rooms with 9–10 bedrooms and 3.5 baths, supporting multiple revenue streams and flexible configurations. Formerly a licensed Level 3 assisted living facility, it includes infrastructure suited for commercial or institutional use: sprinkler system, backup generator, and high-speed internet. Extensively updated since 2022 with new roof, boiler, flooring, fresh interior paint, and updated appliances—minimizing near-term capital needs. The main residence features 4 bedrooms, 1.5 baths, large kitchen, formal dining, living room, enclosed porch, deck, and oversized laundry/storage. The auxiliary residence includes a first-floor 2–3 bedroom suite with full bath and common living area, plus a separate 3-bedroom second-floor apartment with full bath, kitchenette, recreation room, and deck. A 1,080 SF walk-up attic adds value-add potential—ideal for a primary suite, office expansion, or additional apartment (subject to approvals). Set on a level 1-acre lot with mountain views and parking for 10+ vehicles, directly across from Hancock Town Green and walkable to village amenities. Conveniently located 20–40 minutes to Sugarbush, Mad River Glen, Pico, and Killington, offering strong year-round demand from skiing, golf, hiking, and tourism. A flexible, income-producing asset with immediate usability, commercial upside, and long-term growth potential.
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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4,954SQFT
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$202$/SQFT
School Ratings & Info
Description
Rare turnkey mixed-use investment opportunity along Vermont’s scenic Route 100 corridor. This versatile 3,874 SF property (4,954 SF total) functions as two fully independent residences connected by a breezeway, with potential for 1–2 additional units. Ideal for short-term rentals, co-living, group housing, or owner-occupied income generation, with strong potential for commercial uses such as a bed & breakfast, retreat center, professional offices, wellness facility, or continued care operation (subject to approvals). The property offers 16 rooms with 9–10 bedrooms and 3.5 baths, supporting multiple revenue streams and flexible configurations. Formerly a licensed Level 3 assisted living facility, it includes infrastructure suited for commercial or institutional use: sprinkler system, backup generator, and high-speed internet. Extensively updated since 2022 with new roof, boiler, flooring, fresh interior paint, and updated appliances—minimizing near-term capital needs. The main residence features 4 bedrooms, 1.5 baths, large kitchen, formal dining, living room, enclosed porch, deck, and oversized laundry/storage. The auxiliary residence includes a first-floor 2–3 bedroom suite with full bath and common living area, plus a separate 3-bedroom second-floor apartment with full bath, kitchenette, recreation room, and deck. A 1,080 SF walk-up attic adds value-add potential—ideal for a primary suite, office expansion, or additional apartment (subject to approvals). Set on a level 1-acre lot with mountain views and parking for 10+ vehicles, directly across from Hancock Town Green and walkable to village amenities. Conveniently located 20–40 minutes to Sugarbush, Mad River Glen, Pico, and Killington, offering strong year-round demand from skiing, golf, hiking, and tourism. A flexible, income-producing asset with immediate usability, commercial upside, and long-term growth potential.
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Courtesy of Lisa Friedman of Great American Dream Realty: Cell: 802-777-2345.