4441 VT ROUTE 100 Pittsfield, VT 05762 | Commercial Sale | Hospitality

$700,000

Closed
Get Flood Insurance Quote
Map
Save to Collection
Virtual Tour
0
4.19 acres
Killington Pico Realty Logo
Listing Courtesy of
Killington Pico Realty

Description

The iconic Swiss Farm Inn has operated successfully as a traditional bed and breakfast and 48-seat restaurant serving The World's Best Breakfasts to locals and visitors for decades. Located in Pittsfield, VT, one of New England's classic ski towns, just 10 minutes from world class skiing at Killington and Pico Resorts, the inn features 14 guest rooms, each with its own private bathroom, a commercial kitchen, public dining area, outdoor pavilion seating and comfortable gathering spaces where guests can socialize with others or just relax and enjoy the wonderful Vermont ambiance. The property includes lovely owner's quarters, featuring an updated kitchen, dining area, reading nook, sunny living room, three bedrooms, business office, attached oversized garage and plenty of storage for all your hospitality needs. The majestic setting features two expansive barns, wonderful open hillsides reminiscent of the Sound of Music and panoramic views of the surrounding Green Mountains. The pandemic brought new challenges to the Swiss Farm Inn, but also opportunity, as the inn has now fully transitioned to a highly profitable short-term rental property, appealing to ski clubs, wedding parties, family reunions, business retreats and a host of other groups who appreciate the multitude of outdoor activities, beautiful scenery, dining and shopping experiences, and sight-seeing that Vermont has to offer. As a B&B or AirBnB, the Swiss Farm Inn represents an extraordinary investment opportunity.

Property Details

List Price $749,000 Sold Price $700,000 List Date 2022-06-27 Sold Date 2023-10-02 MLS ID 4917896 Status Closed Property Type Commercial Sale Business Type Hospitality County VT-Rutland Days on Market 421

structure

basement Yes Total Baths 0 building area units Square Feet building name Swiss Farm Inn Features Exterior Business Type Hospitality foundation details Concrete living area units Square Feet Parking Features On-Site, Unpaved roof Shingle - Asphalt, Standing Seam stories 2 year built 1850

characteristics

current use Bed/Breakfast Acres 4 lot size area 4.19 Lot SqFt 182516.0

tax

tax annual amount 7194.3 tax year 2022 zoning None

financial

gross income 87000.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 0 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/19/2024 12:01:45 AM (UTC)