18 North Main StreetWilmington, VT 05363MLS Number 4708136

  • Price: $895,000
  • 118 Days on Market
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Federal 30-year interest rate: 4.94% last updated on Nov 15, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 4.6Acreage
  • 1828Year Built
  • 10000Square Feet
  • 1Units

OLD RED MILL,currently operating as a 24 GUEST ROOMS (60 guests) B&B on 4.6 acres with over 1,800' Frontage on both sides of the Deerfield River.The Mill Building is over 10,000 sq ft plus a full basement.This is an extraordinary opportunity to own a successfully operated Landmark property in the heart of the Historic Village of Wilmington,Vt,located approx.8 miles north of the Mass Border midway between Bennington and Brattleboro, VT.“The Mill” as it is known to locals offers a rustic atmosphere;2 bars,3 dining rooms and “deck seating” overlooking the Deerfield River in the warmer months. Restaurant closed 2015, licensed for 125 seats w/expansion possible.The downtown location is convenient not only for inn guests to walk to the many venues offered in Historic Wilmington but is also a great base location for visiting Mt.Snow and the Hermitage Club facilities. A big plus for this property is the 36 on site parking.Although it is common knowledge that Wilmington suffered severe damage due to Tropical Storm Irene in 2011,the Mill fared well, the basement housing the mechanical components was impacted the most.Benefits to a new owner,NEW, 600 amp electrical system,hot water heaters,heating and central air conditioning systems throughout,AND is fully Sprinkled.Being sold "as is" & includes most FF&E.Present owners in residence for 44 yrs The real estate office adjacent to the south side of the Mill building is not included in this sale. Possible Owner Financing to Qualified Buyer

Listed by Dick Palmer of Hospitality Consultants, LLC

Driving Directions

Bellville Realty
Bellville Realty
255 Western Avenue
Brattleboro, VT 05301

More Info

Parking

  • Parking Spaces

Building

  • Year Built1828
  • Units1
  • Square Feet10000
  • BasementConcrete Floor, Dirt Floor, Full, Stairs - Interior, Storage Space, Sump Pump, Unfinished
  • Rail Available Y/NNo

Exterior

  • ExteriorWood Siding

Utilities

  • FuelElectric, Gas - LP/Bottle
  • Heating CoolingElectric, Forced Air, Multi Zone

Basic Information

  • Virtual TourClick Here
  • StatusACT
  • Date Listed2018-07-21T00:00:00
  • Modification Date07/23/2018
  • TypeHospitality
  • List Price$895,000
  • Agent NamePalmer
  • Broker NameHospitality Consultants, LLC
  • Listing Agent NameDick Palmer
  • Lister Office NameHospitality Consultants, LLC
  • MLS Number4708136

Photos

  • Number of Photos31

Location

  • Building Number18
  • StreetNorth Main
  • TownWilmington
  • StateVT
  • Zip05363
  • CountyWindham

Property

  • Acreage4.6
  • Property TypeCommercial Sale
  • Lot Sqft200376
  • Road Frontage868
  • SignageAdequate

Amenities

  • Accessibility AmenitiesAccess Common Use Areas, Access Parking, Access Restrooms, Bathroom w/Step-in Shower

Other

  • bloggingYes
  • AC percent100
  • Book71
  • Transport AccessState Highway, Paved
  • Page352
  • Delayed ShowingsNo
  • View Count22

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Copyright 2018 Northern 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. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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