Fullerton Inn 40 Common St 21 Room Hotel Chester, VT 05143 $1,850,000 ($88,095/Room)



INVESTMENT HIGHLIGHTS
- Near a river
- Professionally managed & maintained, the Inn offers seamless transfer w/ transition assistance, dedicated Executive Chef & staff.
- Heated outdoor tables on back patio extend the season & Village camaraderie as does the classic front Porch overlooking the Town Green and Gazebo.
- Additional features & equipment: large fully equipped 20' x 40' professional kitchen w/ walk-in cooler-kitchen freezer-large utility space
EXECUTIVE SUMMARY
Introducing the cultural and commercial centerpiece of one of Vermont’s classic small towns: The Fullerton Inn of Chester! In addition to being the anchor go-to Bar & 120-seat Restaurant for locals & tourists (be it indoor or outdoor dining), the venerable, well established Inn boasts 20 guest suites & rooms. Heated outdoor tables on back patio extend the season & Village camaraderie as does the classic front Porch overlooking the Town Green and Gazebo. More Meeting & Event rooms along w/ versatile room/suite configurations open the event venue market for weddings & more amid year-round attractions within ski country, fall foliage, etc... As a nicely profitable going concern, the Fullerton Inn beckons its next owner to seize the reins & fulfill their dreams of operating a country Inn, or adding it to their hospitality portfolio. Professionally managed & maintained, the Inn offers seamless transfer w/ transition assistance, dedicated Executive Chef & staff. Additional features & equipment: large fully equipped 20’ x 40’ professional kitchen w/ walk-in cooler—kitchen freezer—large utility space—convection oven and fryer—2 double coolers—ice machine—fully sprinklered whole building—2 owner apartments (1 is 1200’)—5YO Peerless furnace w/ backup furnace in full basement w/ separate heating & cooling for bar—basement chillers—bank vault—workshop—laundry room—paint room—delivery access. Stroll to the Inn’s flower gardens, 2 outbuildings & river flowing behind 2.4 flat usable acres.
PROPERTY FACTS
Price | $1,850,000 |
Price Per Room | $88,095 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 2.31 AC |
Building Size | 18,896 SF |
No. Rooms | 21 |
No. Stories | 3 |
Year Built/Renovated | 1885/2018 |
Parking Ratio | 0.53/1,000 SF |
Corridor | Interior |
AMENITIES
- Restaurant
- High Speed Internet Access
- Patio
- Meeting Event Space
- Tennis
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 3 | $224.00 | - |
Guest Room | 18 | $175.00 | - |
1 of 1
PROPERTY TAXES
Parcel Number | 144-045-11690 | Improvements Assessment | $864,100 |
Land Assessment | $50,900 | Total Assessment | $915,000 |
ZONING
Zoning Code | C (Commercial) |