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$1,495,000
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Property Description
A rare opportunity to own one of southern Vermont's most beloved hospitality landmarks. Located directly on the picturesque village green in historic downtown Chester, the iconic Fullerton Inn stands as the centerpiece of this charming New England village and offers a fully established turnkey business ready for its next steward. Set on 2.28 acres with access to the scenic Williams River, the property combines classic Vermont character with exceptional hospitality infrastructure. Guests gather in multiple inviting spaces including a spacious main dining room, a cozier secondary dining area, and a lively tavern and bar, creating a warm and memorable destination for locals and travelers alike. A large rear deck overlooking the grounds and river provides an ideal setting for outdoor dining, seasonal gatherings, and private celebrations. The inn features 20 guest rooms and suites, along with two separate owner or general manager apartments, offering flexible on-site living and management options. A professional commercial kitchen supports a full restaurant operation and catered events. Well known as a regional gathering place, the property also serves as a popular event venue for weddings, large parties, and cultural or civic celebrations. The inn even appeared as a filming location for the 2008 Hallmark movie Moonlight & Mistletoe. Offering 18,896 square feet of hospitality space in the heart of Vermont ski country, the Fullerton Inn benefits from year-round tourism, from winter skiers to the region's world famous fall foliage visitors. An extraordinary chance to own a true Vermont destination.
Full Property Details
Full Property Details for 40 The Common
General
- Price: $1,495,000
- Taxes: $26,661 (2025)
- Status: Active
- Type: Commercial
- Source: PrimeMLS
- MLS ID: 5078509
- Updated: 3/7/2026
- Added to Site: 14 day(s) ago
Location
- County: Windsor
- Driving Directions: Proceed to the village green in the center of Chester. The Fullerton Inn is at 40 Common Street.
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Partially Finished
- Year Built: 1920
Lot Features
- Frontage: Yes Road Frontage
- Zoning: Commercial
Water Features
- Water Access: Yes
- Water Front Type: River
Financial Considerations
- Tax Amount: $26,661.28
- Tax Year: 2025
Disclosures and Reports
- APN: 144-045-11690
Listed by Real Broker LLC, Patrick Kelley
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Price & Sales History for 40 The Common
Date
Details
Price
Change
Source
3/06/2026
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 The Common
Year
Property Taxes
Change
Tax Assessment
Change
2024
$25,382
16%
$915,000
—
2022
$21,823
-3%
$915,000
—
2021
$22,454
1%
$915,000
-16%
2019
$22,138
1%
$1,094,700
—
2018
$21,860
2%
$1,094,700
—
2017
$21,411
-2%
$1,094,700
—
2016
$21,779
-3%
$1,094,700
—
2015
$22,392
100%
$1,094,700
—
2013
—
$1,094,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 The Common
40 The Common, Chester, VT 05143 (MLS# 5078509) is a Commercial property. 40 The Common is currently listed for $1,495,000 and was received on March 06, 2026. Want to learn more about 40 The Common? Do you have questions about finding other Commercial real estate for sale in Chester? You can browse all Chester real estate or contact a Coldwell Banker agent to request more information.
