Bought with Daire Gibney • Barrett and Valley Associates Inc.
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4 Court ST Newfane, VT 05345
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Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Business,Hospitality,Investment,Opportunity
Listing Status Sold
Purchase Type For Sale
Square Footage 12,580 sqft
Price per Sqft $29
MLS Listing ID 4845276
Sold Date 11/18/22
Year Built 1850
Tax Year 2020
Lot Size 0.500 Acres
Acres 0.5
Property Description
Calling all entrepreneurs! Do not miss the tremendous business opportunity to own a significant piece of the history in the charming village of Newfane Vermont. Once the thriving center of village life this exceptional building majestically sits next to the Windham court house off the village green and along VT Route 30. Featuring a 100 seat restaurant, bar, large and fully equipped commercial kitchen, 7+ guest rooms plus a 3 bedroom owners apartment with private parking and 1700sqft two story barn this has the potential to be so much more even beyond its previous use. With classic features throughout including a number of fireplaces, exposed beams, impressive barrel ceiling in what once was the old ballroom make this a true 19th century classic and is just ready for you to bring it back to its former glory. Just under 30 minutes to Stratton and Mount Snow and an abundance of parks, rivers and hiking throughout the area this will make a fabulous hospitality based business. The road traffic data suggest a passing daily rate of 5673 +/- making this an ideal location for any business idea you may have be it hospitality, retail or a rental residential building.
Location
State VT
County Vt-windham
Area Vt-Windham
Zoning Residential
Rooms
Basement Entrance Interior
Basement Bulkhead, Concrete, Concrete Floor, Finished, Stairs - Exterior, Stairs - Interior, Storage - Locked, Storage Space, Stairs - Basement
Interior
Heating Oil
Cooling None
Exterior
Exterior Feature Clapboard
Parking Features On Street
Garage Description On Street
Utilities Available DSL - Available
Roof Type Slate
Building
Lot Description Corner, Level, Major Road Frontage, Sidewalks
Foundation Poured Concrete, Stone
Sewer On-Site Septic Exists
Water Drilled Well
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