603 VT Rt 114 Burke, VT
$699,000
Baths 2
Square Footage 2,968
Acres 0.50
Description
Located in the heart of Vermont’s storied NEK, Burke is a vibrant , year round recreational paradise. This mixed use property( VMU) offers ultimate flexibility; residential, Short term rental income, commercial restaurant or some combination of all of the above. Currently operating as a favored hub for locals, bikers, riders and skiers, the building is zoned both commercial and residential—ideal for anyone dreaming of a live-work lifestyle. With world-class skiing ( Burke Mountain Academy trains here) in the winter and some of the Northeast’s best year-round mountain biking trails right out the door (Kingdom Trails), this location draws tourists and outdoor enthusiasts in every season. The space may be converted into short-term rental units, which consistently command premium rates in this high-demand destination. Whether you continue as a successful business, transform it into your own personal cozy Vermont retreat, or capitalize on dual-income streams, this property is a rare and lucrative opportunity in one of Northern Vermont’s/NEK’s most sought-after adventure towns. Burke is minutes off of Interstate 91 and is 3 hours from Boston and Montreal. Burke offers choice schooling at the high school level; many students opt to attend Lydon Institute or St. Johnsbury Academy. Burke does have zoning, prospective buyers are advised to review bylaws and consult with local zoning administrator. Call for more details.
Listed by Four Seasons Sotheby's Int'l Realty, Robin Migdelany
Details
MLS 5040544
Price $699,000
Status Active
DOM 39 days
Type Single Family
Style Antique, Post and Beam, Historic Vintage, Four Square, Farmhouse
Baths 2 half baths
Square Feet 2,968 sqft
Lot Size 0.50 acres
Year Built 1838
Taxes Paid $7,281
Lot & Building Features
Appliances Range Hood, Water Heater - Owned, Water Heater - Electric, Vented Exhaust Fan, Stove - Electric
Features Interior Attic - Walkup, Vaulted Ceiling, Natural Woodwork, Natural Light, Dining Area, Ceiling Fan, Cathedral Ceiling
Utilities Cable - At Site, Telephone At Site, Gas - LP/Bottle, Cable - Available
Construction Wood Exterior, Wood Siding, Wood Frame
Cooling Mini Split
Heating Baseboard, Oil, Mini Split
Parking Description Driveway
Sewer On-Site Septic Exists
Tax Year 2024
Taxes Paid $7,281
Water Public
Basement Description Concrete, Unfinished, Storage Space, Stairs - Interior, Concrete Floor
Foundation Concrete, Fieldstone
Lot Description In Town, Trail/Near Trail, Sidewalks, Rural, Recreational, Neighborhood, Neighbor Business, Near Snowmobile Trails, Near Skiing, Near Shopping, Near School(s), Near Paths, Mountain View, Level
Roof Metal
Features Exterior Balcony
Total Rooms 8
Garage No
Half Baths 2
Schools
Elementary School Burke Town School
Junior High School Burke Town School
Senior High School Choice
Single Family for Sale: 603 VT Rt 114, Burke, VT 05832
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Financing
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6.75%
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$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.