527 Sugarbush Access RoadWarren, VT 05674MLS Number 4910359

  • Price: $875,000
  • Est. Mortgage of $/month
  • 308 Days on Market
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Federal 30-year interest rate: 6.6% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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527 Sugarbush Access Road Warren VT 05674527 Sugarbush Access Road Warren VT 05674527 Sugarbush Access Road Warren VT 05674527 Sugarbush Access Road Warren VT 05674527 Sugarbush Access Road Warren VT 05674527 Sugarbush Access Road Warren VT 05674
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  • 2.5Acreage
  • 6Bathrooms
  • 1960Year Built
  • 4,300Square Feet
Heney Realtors, Montpelier Office
Heney Realtors, Montpelier Office
Office: 802-229-0345
15 East State Street
Montpelier, VT 05602
Listed by Derek Greene of Derek Greene
Profitable multi-use real estate investment opportunity within Vermont's Mad River Valley located by Sugarbush Ski Resort. This 2.5-acre parcel consists of three separate buildings. The restaurant building was completely remodeled in July 2008 and includes a 95-seat restaurant, large commercial kitchen, great bar area, breathtaking stone wood-burning pizza oven, office/storage space. It could continue as a restaurant or repurposed to become a special events center with rehearsal dinners/weddings, live music venue, a catering business model or commercial space. However, the building also lends itself perfectly to be converted into much desired residential housing. Initial permitting discussions commenced with the Town of Warren DRB over the past year for a building conversion into a single-family dwelling or boarding house concept. The second structure comprises a 4-unit apartment building which includes (3) one-bedroom units and (1) three-bedroom unit. Apartment renovations and upgrades have been ongoing over the past 2 years. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the detail content of this listing refers to the restaurant building primarily. Square footage & general information on the 4-unit apartment building & 2-bedroom ranch is available. This is an ideal investment opportunity for a ski club, developer or interested party looking for real estate rental income.

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Basic Information

  • StatusACT
  • List Price$875,000
  • MLS Number4910359
  • MLS StatusActive

Property

  • Acreage2.5
  • Parking Spaces
  • Lot DescriptionMajor Road Frontage, Neighbor Business, Wooded
  • Square Feet4,300
  • APX Fin AG Sqft4,300
  • Road Frontage300
  • RoadsDirt, Paved, Private
  • AreaMountain, Near Golf Course, Near Skiing, Neighborhood, Valley

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemEnergy Star System, Gas Heater - Vented, Hot Air, Wall Units
  • WaterDrilled Well, On-Site Well Exists
  • Water HeaterElectric, Gas - LP/Bottle
  • Electric3 Phase, Circuit Breaker(s)
  • Sewer1500+ Gallon, Concrete, Leach Field - Existing, On-Site Septic Exists, Private
  • UtilitiesCable - Available, DSL - Available, Gas - LP/Bottle, High Speed Intrnt -Avail

Location

  • TownWarren
  • StateVT
  • Zip05674
  • CountyWashington
  • ZoningRR
  • Elementary SchoolWarren Elementary School
  • Junior HighHarwood Union Middle/High
  • High SchoolHarwood Union High School
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Hardwood, Slate/Stone

Exterior

  • ExteriorClapboard, Wood
  • RoofMetal, Shingle - Asphalt
  • Exterior ColorNatural

Other

  • Taxes$9,032
  • Seasonal Y/NNo
  • Occupant RestrictionsPets - Negotiable
  • TrashDumpster, Private
  • Unit 1 Deposit$850
  • Unit 2 Rent Amount$850
  • Unit 3 Rent Amount$1,300
  • Unit 4 Rent amount$850
  • Unit 5 Rent amount$1,075
  • View Count28

Building

  • Year Built1960
  • Building ConstructionWood Frame
  • StyleApartment Building, Contemporary, Multi-Family, Multi-Level, Ranch
  • Units5
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms7
  • Unit 4 Bath1
  • Unit 4 Total Rooms3
  • Unit 5 Baths2
  • Unit 5 Bedrooms2
  • # of 1 Bedrooms3
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms1
  • Bathroom6
  • Total Baths6
  • FoundationPoured Concrete, Slab - Concrete

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Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real 2estate displayed on this display comes in part from the IDX Program of New England Real Estate Network. The information being provided is for consumers’ personal, non- 3commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last 4updated March 20, 2023 12:09 PM EDT

 

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