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    1842 Main St Manchester Center, VT 05255

    Sponsored
    For Sale
    $2,250,000

    Luxury lodging, 10 rooms, stunning views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1764 Vermont inn, located at 1842 Main St, Manchester Center, VT 05255, presents a unique investment opportunity. Boasting ten well-appointed guest rooms, each offering comfort and character, the property also includes a spacious owner's quarters (22' x 27' with cathedral ceilings). Two inviting common areas, each with a wood-burning fireplace, create a warm and welcoming atmosphere. A large conservatory dining room overlooks landscaped grounds and the Green Mountains. The property features two sets of historic iron gates, a slate patio, and a gazebo. The well-equipped kitchen includes a Hobart dishwasher, refrigerator, freezer, and ice machine, along with a dedicated office area. A large basement provides ample storage and access to the inn's systems. The inn also includes a laundry facility, boiler room, and a one-bay garage. Significant upgrades have been made while preserving the historic integrity of this landmark property, a member of Select Registry: Distinguished Inns of North America. The asking price is $2,250,000. This is a rare chance to own a piece of Vermont history and a thriving hospitality business.

    Property Features for 1842 Main St

    General Information

    Property type
    Hotels

    Building Details

    Year Built
    1764
    Property Profile Location Intelligence

    Current Use by Public Records

    The Inn at Ormsby Hill Bed & Breakfast

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Department Store Garden Center Pawn Shop Hotel & Motel Breakfast Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester Center
    County
    Bennington
    State
    Vermont
    Longitude
    -73.0895165
    Latitude
    43.1431719

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    FAQs

    What type of property is this?
    Hotel - Luxury lodging, 10 rooms, stunning views
    Where is this hotel located?
    The property is located at 1842 Main St Manchester Center, VT.
    What is the asking price?
    The asking price for this property is $2,250,000.
    Request Owner's contact information
    1842 Main St Manchester Center, 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
    1842 Main St Manchester Center, VT 05255
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