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$600,000
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Property Description
Step into a piece of history with this versatile property in the downtown business district of Wilmington, Vermont. For decades, this property has served as a beloved destination for travelers, skiers, diners, and locals alike. This well-known establishment and landmark is ready for its next chapter under your stewardship. The property includes a full bar, large open dining rooms, entertainment space, office space, 4 bedroom owner's quarters, two 2 bedroom apartments, and a standalone building with 16 motel rooms. Located in the heart of downtown Wilmington, this property boasts excellent frontage on Route 9, offering fantastic visibility and ample parking in a paved lot. With an unheard-of 3 acres of in-town space, there's plenty of room for events on the beautiful lawn, which fronts Beaver Brook or the entertaining/dining deck which over looks the brook and lawn. Its prime location offers close proximity to multiple ski areas, lakes, and four-season recreation opportunities. Local public transportation access makes it easy to reach the Amtrak train station, providing direct connectivity from there to Boston and NYC. You can also catch a shuttle to Mount Snow Ski Resort. The potential here is immense. Whether you envision a restaurant, entertainment venue, hospitality operation, or even multi-family apartments and housing-which are in high demand-this property can accommodate your vision. Don't miss this opportunity to breathe new life into a cherished local landmark.
Full Property Details
Full Property Details for 88 East Main St
General
- Sold For: $600,000
- Taxes: $9,317 (2023)
- Status: Closed
- Type: Commercial Investment
- Source: PrimeMLS
- MLS ID: 5005991
- Added to Site: 586 day(s) ago
Location
- County: Windham
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Other
Lot Features
- Lot Size (Acres): 3.1
- Lot Size (Sq. Ft.): 135,036
- Frontage: Yes Road Frontage
- Zoning: commercial
Water Features
- Water Access: Yes
- Water Front Type: Brook/Stream
Financial Considerations
- Tax Amount: $9,317
- Tax Year: 2023
Disclosures and Reports
- APN: 76224213305
Listed and Sold by Southern Vermont Realty Group, Jacki J Murano
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Price & Sales History for 88 East Main St
Date
Details
Price
Change
Source
11/26/2024
Sold
$600,000
-11.11%
MLS
9/18/2024
Price Reduced
$675,000
-9.88%
MLS
7/20/2024
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
88 East Main Street, Wilmington, VT 05363 (MLS# 5005991) is a Commercial Investment property that was sold at $600,000 on November 26, 2024. Want to learn more about 88 East Main Street? Do you have questions about finding other Commercial Investment real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.
