Chester VT For Sale $1,850,000

List Price:$Commercial Property $1,850,000 | $98 per sq.ft.
40 The Common Chester VT | Space type Bed/Breakfast,Food Service,Free Standing Building,Historic Building,Lodging
MLS# 5008052
Listed by Zachary Zupan EXP Realty Phone: 802-430-9929 on July 31st 2024
DESCRIPTION
Introducing the cultural and commercial centerpiece of one of Vermont's classic small towns: The Fullerton Inn of Chester! In addition to being the anchor go-to Bar & 120-seat Restaurant for locals & tourists (be it indoor or outdoor dining), the venerable, well established Inn boasts 20 guest suites & rooms. Heated outdoor tables on back patio extend the season & Village camaraderie as does the classic front Porch overlooking the Town Green and Gazebo. More Meeting & Event rooms along w/ versatile room/suite configurations open the event venue market for weddings & more amid year-round attractions within ski country, fall foliage, etc... As a nicely profitable going concern, the Fullerton Inn beckons its next owner to seize the reins & fulfill their dreams of operating a country Inn, or adding it to their hospitality portfolio. Professionally managed & maintained, the Inn offers seamless transfer w/ transition assistance, dedicated Executive Chef & staff. Additional features & equipment: large fully equipped 20' x 40' professional kitchen w/ walk-in cooler--kitchen freezer--large utility space--convection oven and fryer--2 double coolers--ice machine--fully sprinklered whole building--2 owner apartments (1 is 1200')--5YO Peerless furnace w/ backup furnace in full basement w/ separate heating & cooling for bar--basement chillers--bank vault--workshop--laundry room--paint room--delivery access. Stroll to the Inn's flower gardens, 2 outbuildings & river flowing behind 2.4 flat usable acres.
Sale Includes : Additional Buildings | Equipment | Land/Building/Business | Building
Management Expense-| $0
Insurance Expense -| $0
Net Income| 0
Gross Income| 0
Price per SQFT | 97.90
CONSTRUCTION
Wood Frame | Clapboard Exterior
Price Per SQ.FT. 97.90
Year Built: 1920
No. of Units-| 22
Basement: Full | Stairs - Interior | Storage Space | Unfinished | Interior Access | Exterior Access
Building Type: Business | Hospitality | Opportunity
Sprinkler | Wet.
Roof: Shingle - Asphalt | Standing Seam
Garage And Parking: On-Site | On Street | Paved
Road Frontage: 117
Utilities: Multi Phone Lines | Telephone At Site
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 2.28 acres
Zoned: Commercial)
Road Frontage: 117
ADDITIONAL INFORMATION
Docs Available : Deed | Property Disclosure
Taxes $25,379 | Assesed Value $0 in

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