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    216 Highland Ave Manchester, VT 05255

    For Sale
    $750,000

    12,852 sq ft, 2.4 acres, Mt. Equinox views

    Property size:
    12,852 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This remarkable 12,852 square foot property, situated on 2.4 acres in Manchester, Vermont, presents a unique investment opportunity. Once the prestigious Manchester Highlands Inn, this historic building boasts stunning views of Mount Equinox and is located in a tranquil neighborhood, yet within easy reach of Manchester's bustling town center. The property features impressive 12-foot ceilings, beautifully preserved original tin ceilings in the dining room, and a captivating underground tunnel connecting the main house to a separate carriage house. Currently zoned Residential 10 (R10), this versatile property offers considerable potential for redevelopment. The zoning allows for a variety of uses, including a boutique residence, multi-unit housing, or a personalized retreat, encouraging creative projects that complement the neighborhood's character. While requiring restoration, this is an exceptional chance to revitalize a piece of Manchester's rich history and create a truly distinctive property. The property is being sold in its as-is condition, reflecting its unique potential for transformation. This is a rare opportunity to acquire a substantial property with significant historical significance and breathtaking views.

    Property Features for 216 Highland Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,852 SF
    Lot Size
    104,544 SF

    Building Details

    Year Built
    1898
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Bennington
    State
    Vermont
    Longitude
    -73.04577
    Latitude
    43.17558

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    FAQs

    What type of property is this?
    Commercial real estate - 12,852 sq ft, 2.4 acres, Mt. Equinox views
    Where is this commercial real estate located?
    The property is located at 216 Highland Ave Manchester, VT.
    What is the asking price?
    The asking price for this property is $750,000.
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    216 Highland Ave Manchester, VT 05255
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    216 Highland Ave Manchester, VT 05255
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