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Fullerton Inn 40 Common St

21 Room Hotel Chester, VT 05143 $1,850,000 ($88,095/Room)

Investment Highlights

  • Near a river

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 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
144-045-11690
Land Assessment
$50,900
Improvements Assessment
$864,100
Total Assessment
$915,000

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 33801324

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 40 Common St, Chester, VT 05143

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