88 East Main Street Wilmington, VT SOLD

$600,000
Acres 3.10
Photo of 88 East Main Street Wilmington VT 05363

Sold By

Jacki Murano, Southern Vermont Realty Group



Description

Step into a piece of history with this versatile property in the downtown business district of Wilmington, Vermont. For decades, this property has served as a beloved destination for travelers, skiers, diners, and locals alike. This well-known establishment and landmark is ready for its next chapter under your stewardship. The property includes a full bar, large open dining rooms, entertainment space, office space, 4 bedroom owner's quarters, two 2 bedroom apartments, and a standalone building with 16 motel rooms. Located in the heart of downtown Wilmington, this property boasts excellent frontage on Route 9, offering fantastic visibility and ample parking in a paved lot. With an unheard-of 3 acres of in-town space, there's plenty of room for events on the beautiful lawn, which fronts Beaver Brook or the entertaining/dining deck which over looks the brook and lawn. Its prime location offers close proximity to multiple ski areas, lakes, and four-season recreation opportunities. Local public transportation access makes it easy to reach the Amtrak train station, providing direct connectivity from there to Boston and NYC. You can also catch a shuttle to Mount Snow Ski Resort. The potential here is immense. Whether you envision a restaurant, entertainment venue, hospitality operation, or even multi-family apartments and housing—which are in high demand—this property can accommodate your vision. Don't miss this opportunity to breathe new life into a cherished local landmark.


Listed by Southern Vermont Realty Group, Jacki Murano
Sold by Southern Vermont Realty Group, Jacki Murano

Details

MLS 5005991
Price $600,000
Status Closed
DOM 129 days
Type Commercial
Lot Size 3.10 acres

Lot & Building Features

Utilities Telephone At Site
Sewer Public
Tax Year 2023
Water Public
Basement Description Other

Map

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Financing

$
20%
1%
6.75%
$
$
$
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.


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