Commercial for Sale: 132 Landgrove Road, Landgrove, VT 05148

$2,099,000
$2,099,000
132 Landgrove Road, Landgrove, VT 05148
$2,099,000
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Price:
$2,099,000
$296,000 - 10/10/2024

Type Commercial
Lot Size 23.70 acres
Year Built 1810
Taxes Paid $23,137

City Landgrove
County Bennington

MLS 5007077
Status Active
DOM 103 days
The Landgrove Inn and InView Center for the Arts is an historic, quintessential, full service country Inn set in the picturesque town of Landgrove, surrounded by the majestic Green Mountains. With over 23 acres which include the Inn, Restaurant and Tavern, Arts Center buidling, beautiful pond, and inground pool, there are numerous opportunities. Within minutes of Okemo, Bromely, Stratton and Magic ski areas as well as local cross country skiing. Summer draws guests for the beautifully lanscaped property with pool, pond, pickleball court and proximity to the Weston Theater Company and numerous lakes. The InView Center for the Arts draws over 35 groups per year with up to 15 rooms, for 5 nights with 3 meals daily, providing tremendous base business. The Arts Center building is key to this revenue stream and with over 1800 sq ft, it has potential for numerous other uses. The Inn offers 16 rooms and suites and owners quarters consisting of 3 rooms. The property has been well cared for by the current owner for over 21 years and they have increased revenues streams while reinvesting in the business including the addition of the Arts center building in 2009, new generator in 2023 and replacing the roof on half the Inn in 2022. A country gem with a solid group base revenue stream and so much potential for additional revenue growth.

Lot & Building Features

Utilities Gas - LP/Bottle, Telephone At Site, Satellite
Cooling Mini Split, Wall AC Units, Multi Zone
Heat Source Electric, Pellet, Oil, Multi Fuel, Gas - LP/Bottle
Heating Baseboard, Stove - Pellet, Stove - Gas, Multi Zone, Mini Split, Forced Air, Electric, Blowers
Parking Description Driveway, Parking Spaces 21+
Sewer 1500+ Gallon, Septic, On-Site Septic Exists, Leach Field - Existing
Tax Year 2024
Taxes Paid $23,137
Water Drilled Well, On-Site Well Exists
Basement Description Concrete Floor, Sump Pump, Stairs - Interior, Partially Finished, Full, Dirt Floor
Lot Description Country Setting, Wooded, Stream, Pond, Open, Mountain View, Level, Landscaped
Roof Metal, Shingle - Asphalt

Price History of 132 Landgrove Road

Date Name Price Difference
10/10/2024 Price Adjustment $2,099,000 12.36%
07/28/2024 Listing Price $2,395,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 132 Landgrove Road, Landgrove, VT

Location Map Street View
Photo of Theresa Clark
Direct: 603-969-7841
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by RE/MAX Four Seasons, Brian Gehlich & David Citron 917-538-5913
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20%
1.1023106241067%
6.75%
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132 Landgrove Road (MLS #5007077) is a commercial listing located in Landgrove, VT. This commercial listing is on a lot of 1,032,372 sqft (or 23.70 acres) and is 214 years old. This property was listed on 07/28/2024 and has been priced for sale at $2,099,000.

Nearby zip codes are 05152, 05155 and 05161. This property neighbors other cities such as Londonderry, Peru and Weston.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Four Seasons

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/08/2024