Price Reduced 9.88%

$675,000

Pending

Est. Mortgage $3,325/mo *

Quick Pre-Approval

Listing courtesy of Jacki Murano, Southern Vermont Realty Group Phone: 802-464-2585


Price History

$749,000
7/20/2024

$675,000
9/18/2024


88 East Main Street, Wilmington, VT, 05363

88 East Main Street, Wilmington, VT, 05363

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.


Status:

Pending

Type:

Commercial

Zoning:

commercial

Acreage:

3.1

Est. Taxes:

$9,317

MLS #:

5005991


Community Info

School Info

Walk Score

Mass Transit

Yelp