2759 Vt Rt 11 - Hospitality FOR SALE


Peru, VT 05152
$995,000 USD
802-768-1037
2759 Vt Rt 11, Peru, VT for Sale
$995,000 USD
Hospitality - FOR SALE
1/47
null | Request Cap Rate

2759 Vt Rt 11
Peru, VT 05152


HIGHLIGHTS

  • Heavy Traffic
  • Great Location near 3 Mountain Resorts
  • Restored Historic Inn with new and vintage vibes.

OVERVIEW

A charming historic Inn with excellent location, a 9.3 guest rating and that Vermont Vintage Vibe that visitors will absolutely love! Minutes to Bromley, Stratton and Magic mountains! The Wiley Inn is available for the first time since 2013 and it comes with lots of renovations and improvements. The original historic house is now used as the owner's residence and was built between 1835 and 1850 with 4 bedrooms, 3 bathrooms and completely renovated living room, dining and kitchen with breakfast bar, first floor laundry and rear deck. In 1943, an addition was built on the main house that includes 7 bedrooms, 5 bathrooms, library, living room and bar. A final lodging addition was completed in 1981 with 6 bedrooms, 6 baths, reception area, dining hallway and living/game room. Included is approximately 875 sq. ft. of unfinished space under construction which is currently awaiting completion by the buyer. There's room for 3 additional bedrooms, living, kitchen and dining if so desired. The residence upstairs also includes renovations in progress to be completed on bedrooms and baths. Outside on the 9.5 acres, enjoy a large level backyard, woods, a trail system, two ponds and an outbuilding for workshop and storage! All measurements approximate. Some deferred maintenance. Seller continues to work on several pending projects. Inn is in part-time operation and there's huge potential for increased occupancy. Some financials available with signed NDA. Contact Listing Agent for more information.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$156 USD /SF

# OF ROOMS

17

PRICE/ROOM

$58,529 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wiley Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.5 AC

LAND SF

413,820 SF

ZONING

PC

APN/PARCEL ID

(149)080086

ASK ABOUT THIS PROPERTY

Gregory CutlerFour Seasons Sotheby's Vermont Sales GroupMore Info
802-768-1037

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Gregory CutlerFour Seasons Sotheby's Vermont Sales GroupMore Info
802-768-1037

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.