40 Common St - Hospitality FOR SALE


Chester, VT 05143
$1,850,000 USD
802-430-9929
40 Common St, Chester, VT for Sale
$1,850,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

40 Common St
Chester, VT 05143


HIGHLIGHTS

  • Near a river
  • Heated outdoor tables on back patio extend the season & Village camaraderie as does the classic front Porch overlooking the Town Green and Gazebo.
  • Professionally managed & maintained, the Inn offers seamless transfer w/ transition assistance, dedicated Executive Chef & staff.
  • Additional features & equipment: large fully equipped 20' x 40' professional kitchen w/ walk-in cooler-kitchen freezer-large utility space

OVERVIEW

Introducing the cultural and commercial centerpiece of one of Vermont’s classic small towns: The Fullerton Inn of Chester! In addition to being the anchor go-to Bar & 120-seat Restaurant for locals & tourists (be it indoor or outdoor dining), the venerable, well established Inn boasts 20 guest suites & rooms. Heated outdoor tables on back patio extend the season & Village camaraderie as does the classic front Porch overlooking the Town Green and Gazebo. More Meeting & Event rooms along w/ versatile room/suite configurations open the event venue market for weddings & more amid year-round attractions within ski country, fall foliage, etc... As a nicely profitable going concern, the Fullerton Inn beckons its next owner to seize the reins & fulfill their dreams of operating a country Inn, or adding it to their hospitality portfolio. Professionally managed & maintained, the Inn offers seamless transfer w/ transition assistance, dedicated Executive Chef & staff. Additional features & equipment: large fully equipped 20’ x 40’ professional kitchen w/ walk-in cooler—kitchen freezer—large utility space—convection oven and fryer—2 double coolers—ice machine—fully sprinklered whole building—2 owner apartments (1 is 1200’)—5YO Peerless furnace w/ backup furnace in full basement w/ separate heating & cooling for bar—basement chillers—bank vault—workshop—laundry room—paint room—delivery access. Stroll to the Inn’s flower gardens, 2 outbuildings & river flowing behind 2.4 flat usable acres.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$98 USD /SF

# OF ROOMS

21

PRICE/ROOM

$88,095 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fullerton Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1885

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

C

APN/PARCEL ID

144-045-11690

ASK ABOUT THIS PROPERTY

Zachary ZupaneXp RealtyMore Info
802-430-9929

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Zachary ZupaneXp RealtyMore Info
802-430-9929

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.