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Listed by Kris Lippi of Get Listed Realty
Profitable multi-use real estate investment opportunity within Vermont's Mad River Valley located by Sugarbush Ski Resort. This 2.5-acre parcel consists of three separate buildings. The main building is currently operating as a “To-Go” pizza business under a monthly lease. This building was completely remodeled in July 2008 and includes a 95-seat restaurant, large commercial kitchen, great bar area, breathtaking stone wood-burning pizza oven, office/storage space. It could continue as a restaurant or repurposed to become a special events center with rehearsal dinners/weddings, live music venue, a catering business model or commercial space. However, the building also lends itself perfectly to be converted into residential housing. Initial permitting discussions commenced with the Town of Warren DRB for a building conversion into a single-family dwelling or boarding house concept. The second structure comprises a 4-unit apartment building which includes (3) one-bedroom units and (1) three-bedroom unit. Apartment renovations and upgrades have been ongoing over the past 18 months. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the content of this listing refers to the restaurant building primarily. Square footage & general information on the 4-unit apartment building & 2-bedroom ranch is available. This is an ideal investment opportunity for a developer or an interested party looking for real estate rental income.

Property Details of 527 Sugarbush Access Road

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 20, 2021.

 

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