Property profile

78 Cream Hl Rd Mendon, VT 05701

OFF-MARKET
Other commercial real estate
Property ID
US89-0171357
5 ac lot
Individually Owned 12-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a historic farmhouse originally dating to the 1840s and was converted to an inn in 1940. The building contains 16 guest suites with individual décor, a 50-seat restaurant supported by a commercial kitchen, and an adjoining pub. Outdoor amenities include a patio providing additional seating, a seasonal in-ground pool, an outdoor grill and fire pit, and a porch with a hot tub located off a fitness center. Common areas include a 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 includes an on-site inn-keeper’s apartment with 3 bedrooms and 2 bathrooms. The property is situated on 5.1 acres with a level lot and ample parking, and it also includes an additional 2.5-acre wooded/undeveloped lot to the rear that conveys with the property and may support expansion. The inn is permitted for 10 ERUs on the Alpine Pipeline, which may allow for expansion of lodging capacity. The total building area is approximately 10,398 square feet.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 5 ac (217,800 SF)
APN (119) 040260000
UPID US89-0171357

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bed & Breakfast Restaurant

Location

78 Cream Hl Rd Mendon, VT 05701-9673
Mendon metro Census 962800 RUTLAND, VT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2014
3 recorded transactions
2014
$435,000
2011
$270,000
2006
$1.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 78 Cream Hl Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message