Toll Road Inn

2220 Depot Street, Manchester Center, VT

$1,400,000

Price

2 sqft

Building Size

3.8 acres

Lot Area

Overview
Building Size
2 sqft
Lot Area
3.8 acres
Keys
16
Floors
2
Description

Lovely, immaculate 16 room motel perfect for starter couple or 1st time hospitality investor. Meticulously maintained by same owners for 17 years. Sale includes a wonderful adjoining 3 bdrm, 3 bath fully furnished home and pick up truck. Truly a "turn key" opportunity. Motivated Seller looking to make a deal.

On Route 11 - just off Route 7 - In the heart of ski country with easy access to Bromley and Stratton.

Great frontage on Route 11. Beautiful Bromley Brook runs behind property. With a total of 3.8 acres, there's plenty of room to expand the motel or further develop the additional acreage.

Highlights
  • 2 story interior corridor building with 16 immaculate rooms
  • 3.8 acres which allows for possible expansion or development
  • Adjoining home added only 10 years ago features beautiful open concept living/dining/kitchen area, Master Suite, 2 guest bedrooms, 3 baths, heated garage, outdoor decks overlooking stream and mountains
  • Business Consistenly generates over $235K annually
  • NOI over $155,000
  • Asking Price $1.4M
  • New Roof
  • New Heating System
  • Completely renovated outdoor pool area
  • Newly repaved Parking lot
  • Entire property has beautiful mountain views
  • Only 15 minutes to skiing at Bromley and 30 minutes to Stratton Mountain
  • Only 10 minutes to Outlet Shopping and heart of Manchester

Location
Gallery