This property features a 18-unit motel, that includes two apartment suites, alongside a spacious 3-bedroom, 2-bathroom home, making it a unique investment opportunity. Situated in the charming town of Londonderry, this property is perfectly positioned to attract visitors year-round with its proximity to two of Vermont's most popular ski destinationsOkemo Mountain Resort and Stratton Mountain Resort, offering prime income potential. Okemo Mountain Resort, just a short drive away, is renowned for its friendly atmosphere, extensive trail system, and top-notch snow conditions. Whether guests are avid skiers or simply looking to enjoy the winter scenery, Okemo provides a wide range of activities including skiing, snowboarding, and snowshoeing. Stratton Mountain Resort, also within easy reach, offers a slightly different experience with its charming village, diverse terrain, and vibrant après-ski scene. In addition to winter sports, Stratton is a four-season destination with golf, hiking, and mountain biking opportunities during the warmer months. The motel’s proximity to these popular destinations and the combination of commercial and residential spaces presents a lucrative opportunity in a sought-after location.
Mls | 5020518 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | (31) Under Contract - Active Under Contract |
Year | 1962 |
Days On Site | 42 |
Listing Provided By | Flex Realty | Flex Realty Group |
Sq Feet | 8,622 |
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Basement | Y |
Storys | 2 |
Units | 20 |
Zoning | C |
Acreage | 3.60 |
State | VT |
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County | Windham |
City | Londonderry |
Zip Code | 05148 |
Listing VS Median (in 05148) | |
Price: $899,000 low | high Med: $527,000 SqFt: 8,622 low | high Med: 2,736 $ / SqFt: $104 low | high Med: $212 On Site: 42 low | high Med: 340 |