3420 Route 7AArlington, VT 05250MLS Number 4817415

  • Price: $329,900
  • 68 Days on Market
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Federal 30-year interest rate: 2.87% last updated on Sep 17, 2020
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  • 0.42Acreage
  • 1920Year Built
  • 5,033Square Feet

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Listed by Lisa Friedman of Great American Dream Realty
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.

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More Info

Basic Information

  • StatusACT
  • Modification Date09/16/2020
  • TypeBusiness, Hospitality, Investment, Multi-Family, Opportunity, Other, Retail
  • List Price$329,900
  • Broker NameGreat American Dream Realty
  • Listing Agent NameLisa Friedman
  • Lister Office NameGreat American Dream Realty
  • MLS Number4817415
  • MLS StatusActive

Amenities

  • Accessibility AmenitiesAccess Parking

Location

  • Building Number3420
  • StreetRoute 7A
  • TownArlington
  • StateVT
  • Zip05250
  • CountyBennington

Property

  • Acreage0.42
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Near Golf Course
    • Near Shopping
    • Near Skiing
    • Near Snowmobile Trails
    • Village
  • Lot Sqft18,295

Building

  • Year Built1920
  • ConstructionWood Frame
  • Units9
  • FoundationConcrete, Stone w/ Skim Coating
  • Square Feet5,033
  • Available Sqft5,033
  • BasementConcrete Floor, Full, Gravel, Interior Access, Stairs - Interior, Storage Space, Unfinished
  • Garage Spaces

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt, Slate
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
30 Kimball Ave, Suite 201
South Burlington, VT 05403
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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 September 24, 2020.

 

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