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379 Lower Pln
Bradford, VT 05033
Bradford Motel · Hospitality Property For Sale · 50,000 SF
PROPERTY FACTS
Amenities
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
About 379 Lower Pln , Bradford, VT 05033
Options to buy 2 separate parcels. The first is an apartment building with owner's apartment, office, laundry room, and manager's apartment. Also consists of 19 efficiency apartments and deluxe motel rooms. Price: 1.2 million A unique business opportunity is available for sale in the town of Bradford Vermont. The Bradford Motel is located off Exit 16 of U.S. Interstate I-91 along Vt. Route 5, just 20 miles north of Hanover, N. H., White River Junction, Vt., and Dartmouth College. The Bradford Motel offers daily and weekly rental of studio spaces close to premium visitor destinations. Whether visitor destinations are sightseeing in the Green Mountain region, summer vacations, or the spectacular fall foliage, the Bradford Motel is at the heart of the Vermont experience. The Bradford Motel is a family operated business with a newly renovated 2 bedroom apartment for the owner, newly renovated studio apartment for the manager with direct access to the office, and a reserved room for the maintenance person. A restaurant/bar is under construction with a full kitchen already in place. Town septic and town water . Bradford Motel has 19 fully ready studios with kitchen facilities that include microwaves, refrigerators, heating, air conditioning, free Wi-Fi, and cable TV. There are laundry facilities on site for the convenience of the residents. The structures are frame construction with 12 units in 1 linear building and 7 units as part of the owner/manager complex. The rooms are a mix of sizes featuring 1 and 2 bed units which can easily accommodate a weekend “get away” or family vacations There is a commercial waste line installed to facilitate future Recreational Vehicle rentals and the town of Bradford has already approved plans for 12 additional rooms. Because Bradford Motel rooms are fitted with appropriate amenities, management has great flexibility in responding to local business conditions. In the winter, weekly rentals serve market conditions by providing alternative housing, while the visitor seasons can be served effectively. The motel lot is about 1/3 of an acre with 200 feet fronting Vt. Route 5, the major north/south route for eastern Vermont. This provides easy access to local shopping, restaurants, or just plain New England. The lot allows for ample parking and further expansion with a depth of 300 feet. The lot abuts the Bradford Fair Grounds, a town owned property, at the back, along a chain link fence. The parking spaces and driveways are asphalt and the open spaces are landscaped with shrubs and grass. The motel is flanked by commercial property to the north and south including a newly built Family Dollar Store and the Bradford Fire Department. Directly across Vt. Route 5 there has been a recent purchase of a property that has been planned and received approval for the building of an entertainment and restaurant complex. The best part of this unique opportunity is that this business has been tried and tested for year round operation in the best of Vermont’s areas. The land is also available with this sale with approval for expansion already in place in an area that will be experiencing commercial growth, this unique opportunity offers great financial potential. serious buyer only, call or make an appointment! 2105aquablue@gmail.com (603-723-1873)
Links
PROPERTY TAXES
Parcel Number | 072-022-10030 | Improvements Assessment | $248,600 |
Land Assessment | $79,000 | Total Assessment | $327,600 |
PROPERTY TAXES
zoning
Zoning Code | commercial (Multi-Family, Restaurant , Franchise Business, Strip mall, Low Income Housing, ect.) |
commercial (Multi-Family, Restaurant , Franchise Business, Strip mall, Low Income Housing, ect.) |
Learn More About Investing in Hospitality Properties
Listing ID: 8224062
Date on Market: 7/19/2017
Last Updated:
Address: 379 Lower Pln, Bradford, VT 05033