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Historic Farmhouse Inn with Expansion Potential

78 Cream Hill Road Mendon, VT 05751

78 Cream Hill Road, Mendon, VT, 05751
$1,374,000
For Sale
Claim this Listing
$1,374,000

16-suite inn with restaurant, pub, and expansion possibilities.

Property Size10,398 SF
Lot Size7.60 Acres
Price / SF$132.14
AddedSep 22, 2025
Days on Market297
Last RefreshJul 3 at 5:18 am

Property Features for 78 Cream Hill Road

General Information

Standard status
Active
Size
10,398 SF
Lot size
7.60 Acres
Property subtype
Multi Family

Building Details

Year Built
1840

Listing office Real Broker LLC

Listing date Sep 22, 2025

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC


Investment Insights

Based on property information with market context.

This historic property, originally an 1840s farmhouse, was converted into an inn in 1940. The property features 16 uniquely decorated guest suites, a 50-seat restaurant with a commercial kitchen, and an adjoining pub. Outdoor amenities include a patio for additional seating, an in-ground seasonal pool, an outdoor grill and fire pit, and a porch with a hot tub located off of the fitness center. Shared common spaces include a cozy lobby with an attached split-level sun porch, an indoor steam sauna, a 24/7 beverage center, a game room, and a library. The inn also includes a spacious 3-bed, 2-bath inn-keeper's apartment for on-site living. The property sits on 5.1 acres with a level lot and ample parking. An additional 2.5-acre wooded/undeveloped lot behind the inn conveys with the sale, offering expansion potential. The inn is permitted for 10 ERUs on the Alpine Pipeline, potentially allowing for almost doubling the capacity. The 16 suites are currently averaging $200 per night, with a potential estimated annual income of just over $800,000 at 70% occupancy. Operating expenses are around $200,000 thus far in 2025 with only lodging and continental breakfast being offered. The property is a well-known location for weddings and retreats and could become a well-established restaurant servicing the Killington/Pico/Rutland area once again. The property size is 10398 square feet.

Key Highlights

  • Established Inn with 16 Guest Suites and High Income Potential: Averaging $200/night with potential annual income over $800,000 (at 70% occupancy).
  • On‑Site Innkeeper's Apartment: Includes a spacious 3‑bed, 2‑bath living space.
  • Expansion Potential: Includes an additional 2.5‑acre wooded lot and is permitted for 10 ERUs on the Alpine Pipeline, allowing for almost doubling the capacity.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $156.0k $15.00
− Vacancy −$15.6k −$1.50
EGI $140.4k $13.50
− OpEx −$35.1k −$3.38
NOI $105.3k $10.13
10,398 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.50M
$1.32M – $1.75M (±1% cap)
NOI $105,280 @ 7.0% cap · market cap 7.66%
Second Best
Hotel Hospitality
$1.12M
$977.9K – $1.30M (±1% cap)
NOI $78,235 @ 7.0% cap · market cap 5.69%
Theoretical Best
Healthcare Medical
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,729 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bed & breakfasts

Suggested Use

Nursing Home Nursing Home Restaurant Bed & Breakfast Hotel & Motel

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

Similar Off Market Nearby

  • Gateway — Mendon, VT 05701

FAQs

What type of property is this?
Bed & breakfast - 16-suite inn with restaurant, pub, and expansion possibilities.
Where is this bed & breakfast located?
The property is located at 78 Cream Hill Road Mendon, VT.
What is the asking price?
The asking price for this property is $1,374,000.
What are key features of this property?
This property features: Established Inn with 16 Guest Suites and High Income Potential: Averaging $200/night with potential annual income over $800,000 (at 70% occupancy).; On‑Site Innkeeper's Apartment: Includes a spacious 3‑bed, 2‑bath living space.; Expansion Potential: Includes an additional 2.5‑acre wooded lot and is permitted for 10 ERUs on the Alpine Pipeline, allowing for almost doubling the capacity.
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