Arlington, VT 05250,3420 Route 7A
Arlington, VT 05250,3420 Route 7A
Arlington, VT 05250,3420 Route 7A
Arlington, VT 05250,3420 Route 7A
Arlington, VT 05250,3420 Route 7A
Arlington, VT 05250,3420 Route 7A
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Listed by Lisa Friedman • Great American Dream Realty
Bought with Julie Citron • RE/MAX Four Seasons

$275,000

$300,000

8.3%
Est.Price: ?

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Est. payment /mo

5,033 SqFt


SOLD DATE : 04/05/2021

Key Details

Sold Price $275,000

Property Type Commercial

Sub Type Business,Hospitality,Investment,Multi-Family,Opportunity,Other,Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 5,033 sqft

Price per Sqft $54

MLS Listing ID 4817415

Sold Date 04/05/21

Year Built 1920

Annual Tax Amount $8,310

Tax Year 2019

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Business,Hospitality,Investment,Multi-Family,Opportunity,Other,Retail

Property Description

The Cutleaf Maples Motel has been a family business since 1910. Well maintained and tastefully renovated 6 bedroom inn plus 8 room motel are the perfect package for a live in business. Spacious owners quarters and plenty of room for on site management. The tastefully decorated inn features a large community room, grand entry with hardwood floors, reception area with beautiful staircase, living and dining rooms with decorative moldings, and a large kitchen with Garland antique stove. The rare heart pine wood in the living and dining rooms is very valuable. Exterior painted, new chimney, new gutters, and some new windows since 2016. Many rooms have bathtubs along with a jetted tub in the master suite. All rooms are in very good condition. The motel is home to many long term tenants and is constantly rented on a weekly or monthly basis. One could do nightly rentals as well. Convenient location part way between Manchester and Bennington - close to skiing, golf, and other tourist spots. Can remain a motel or be used as a B & B, retail, or other type of business. The inn has had many famous and notable visitors over the years including Joe Biden and The Shirelles. The motel has hosted many large gatherings for ski clubs, scouts, and other organizations. Current owner is willing to stay on to mentor someone new in the business. Easy financing as owners can supply tax returns to show a profitable business. A family business for generations - current owner is looking to retire.

Location

State VT

County Vt-bennington

Area Vt-Bennington

Zoning Commercial

Rooms

Basement Entrance Interior

Basement Concrete Floor, Full, Gravel, Stairs - Interior, Storage Space, Unfinished, Interior Access

Exterior

Exterior Feature Vinyl Siding

Parking Features Driveway, Off Street, On-Site, Parking Spaces 11 - 20

Garage Description Driveway, Off Street, On-Site, Parking Spaces 11 - 20

Utilities Available Cable, High Speed Intrnt -Avail, Telephone At Site

Roof Type Shingle - Asphalt,Slate

Building

Lot Description Country Setting, Level, Major Road Frontage, Open, Wooded

Foundation Concrete, Stone w/ Skim Coating

Sewer Public

Water Public

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