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.
Construction: Wood Frame | Clapboard Exterior | Wood Exterior
Year Built: 1960
Style: Apartment Building | Contemporary | Multi-Family | Multi-Level | Ranch
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4300
Above Grade Sq.Ft.: 4300
Exterior Color: Natural
Roof: Metal | Asphalt Shingle
Seasonal: No
Heating: Propane | Energy Star System | Vented Gas Heater | Hot Air | Wall Units
Cooling: None
Electric: 3 Phase | Circuit Breaker(s)
Trash: Dumpster | Private
Utilities: Cable Available | Propane
Electric Meters: 6
Gas_Meters: 6
Water: Drilled Well | On-Site Well Exists
Sewer: 1500+ Gallon | Concrete | Existing Leach Field | On-Site Septic Exists | Private
Land Information
Major Road Frontage | Neighbor Business | Wooded | Mountain | Near Golf Course | Near Skiing | Neighborhood | Valley
Lot size: 2.5 acres
Zoned: RR)
Surveyed: No
Flood Zone: No
Road Frontage: 300
Driveway: Other