178 Conservation Way, the former Orvis Headquarters, is located at the intersection of Route 7 at Exit #3 between Bennington & Manchester, VT, in Sunderland, VT, which is in the SW corner of the State, and approximately an hour drive northeast to Albany Airport in NY. The Building was constructed in 1998/1999 at a cost of $10 M. It is situated on 351.88 Acres. The Site is improved with a 58,000 sq ft 3-story building for 220 occupants, water and septic built for 325+ occupants, expansion possible. Site improvements include signage, underground utilities, landscaping, a large pond with a bridge to an island, and parking for 238 vehicles. The building and grounds continue to be well-maintained. The eco-friendly building also has solar panels, which are included in the sale.
The building served Orvis very well for many years. However, with the change in virtual office technologies and the outcome of the COVID-19 pandemic, with workers becoming more remote to central offices, Orvis no longer has a need for this large office building. Orvis still occupies the third floor, but plans to move out eventually; they can vacate in 30-60 days if needed. Furniture is also negotiable.
This is an excellent adaptive reuse opportunity with flexible zoning and great infrastructure to recreate a novel destination. 178 Conservation Way has the power capacity for a data center or R&D / advanced manufacturing. An innovation lab is already in-place, allowing for cutting-edge medical research to be conducted here. The picturesque location, seren lake, and sprawling, manicured grounds makes this an easy conversion to luxury hospitality as well.
Currently assessed by the Town of Sunderland is $6.5 M and offered For Sale at $5,850,000, providing a new owner a tremendous value. Orvis has requested that all interested prospects sign a confidentiality agreement and provide proof of funds before viewing the property. Thank you for your understanding.