Listed by Brian Gehlich with RE/MAX Four Seasons Cell: 917-538-5913
Active
132 Landgrove Road
Landgrove VT, 05148
$2,395,000
$246.15 per sqft
Active
19 Baths
9,730 sqft
Commercial
Built in 1810
The Landgrove Inn and InView Center for the Arts is an historic, quintessential, full service country Inn set in the picturesque town of Landgrove, surrounded by the majestic Green Mountains. With over 23 acres which include the Inn, Restaurant and Tavern, Arts Center buidling, beautiful pond, and inground pool, there are numerous opportunities. Within minutes of Okemo, Bromely, Stratton and Magic ski areas as well as local cross country skiing. Summer draws guests for the beautifully lanscaped property with pool, pond, pickleball court and proximity to the Weston Theater Company and numerous lakes. The InView Center for the Arts draws over 35 groups per year with up to 15 rooms, for 5 nights with 3 meals daily, providing tremendous base business. The Arts Center building is key to this revenue stream and with over 1800 sq ft, it has potential for numerous other uses. The Inn offers 16 rooms and suites and owners quarters consisting of 3 rooms. The property has been well cared for by the current owner for over 21 years and they have increased revenues streams while reinvesting in the business including the addition of the Arts center building in 2009, new generator in 2023 and replacing the roof on half the Inn in 2022. A country gem with a solid group base revenue stream and so much potential for additional revenue growth.
5007077
MLSⓇ ID
July 29, 2024
Listed
September 17, 2024
Updated
Map
132 Landgrove Road
Landgrove VT, 05148
Interior Features
Total Bathrooms
19
Fireplace
No
Cooling
Yes
Cooling Description
Multi Zone, Wall AC Units, Mini Split
Heating
Yes
Heating Description
Baseboard, Blowers, Electric, Forced Air, Multi Zone, Stove - Gas, Stove - Pellet, Mini Split, Electric, Gas - LP/Bottle, Multi Fuel, Oil, Pellet
Exterior/Building Features
Lot Size
23.7 Acres
Roof
Metal, Shingle - Asphalt
Sewer
1500 Gallon, Leach Field - Existing, On-Site Septic Exists, Septic
Other Property Details
Area Name
VT-Bennington
Taxes
$23,138
Tax Frequency
Annually
Days on Market
5
Garage
No
Parking
Driveway, Parking Spaces 21
View
No
Pool
No
Listed by Brian Gehlich with RE/MAX Four Seasons Cell: 917-538-5913
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