56 Turner Mill Ln - Specialty FOR SALE


Stowe, VT 05672
$4,950,000 USD
802-730-6084
56 Turner Mill Ln, Stowe, VT for Sale
$4,950,000 USD
Specialty - FOR SALE
1/72
null | 7.07% Cap Rate

NEW


56 Turner Mill Ln
Stowe, VT 05672


OVERVIEW

Turner Mill Inn, built in 1936, is one of the oldest ski destinations in Stowe…and in the US. This property is Stowe’s first APARTHOTEL and has been restored by the current owners, beginning is 2020, with great emphasis on fit and finish. The property abuts Stowe Mountain Resort (Vail) and is located at the corner of Mountain Road and Notchbrook Road. Ski home from the top of Stowe Mountain Resort’s Four Runner Quad, down the Bruce Trail and walk across the street to Turner Mill. The property also has a stop on the Mountain Road Shuttle for easy access to Stowe Mountain Resort and Stowe Village. What is Turner Mill now? Level 1and 2: (5) bedrooms (4) baths, kitchen, living rooms, dining room, sitting room…3,410 sq’ Level 3: (4) Bedrooms, (3) baths, living room, dining room, kitchen…2,019 sq’ Level 4: Suite One (2) bedrooms, kitchen, bath. Suite Two (2) bedrooms, bath, kitchen. Suite Three (2) bedrooms, bath, kitchen…1,871 sq’ Please see the attached Interactive Property Tour! Reference the attached Architectural Drawing Package showing the floorplans and dimensions. These are not as-built drawings. In addition to the restored, renovated and updated Turner Mill Inn there are 9 acres. (4) acres in the Upper Mountain Road Zoning district and (5) acres in the RR-5 Zoning district. The (5) acres in RR-5 are not developed. Reference Survey attached. For summer swimming fun the property has direct access to Foster’s Swimming Hole in NotchBrook. This is a popular summer attraction in Stowe.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$707 USD /SF

CAP RATE

7.07%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

-

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

621-195-12804

ASK ABOUT THIS PROPERTY

George BambaraPall Spera Company RealtorsMore Info
802-730-6084

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George BambaraPall Spera Company RealtorsMore Info
802-730-6084

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