Price Reduced 9.88%
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
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