54 Dover Rd 64 Wilmington, VT 05363-7932
This exceptional 10,924 square foot property located at 54 East Dover Road, Wilmington, Vermont, presents a unique investment opportunity. Known as the Sitzmark, this historic landmark boasts a rich history as a vibrant hub for food, entertainment, and outdoor recreation within a thriving ski community. The property includes a fully established restaurant, indoor and outdoor bars, tennis courts, a swimming pool, and a disc golf course (formerly a traditional golf course). Its location also makes it a prime destination for snowmobilers. The expansive 36-acre lot offers significant potential for future development and expansion. While the top two floors are currently gutted, this provides a blank canvas for a new owner to envision and create a revitalized space. The property's extensive amenities and prime location offer a rare chance to restore a beloved community landmark and capitalize on its considerable potential. The property is being offered at $958,000, and cash offers are preferred. This is a truly remarkable opportunity to own a piece of Vermont history and create a thriving destination once again.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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