30 ORCHARD STREET Springfield, VT 05156 | Commercial Sale | Hospitality

$609,000

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25995 sqft.
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The Hearthside Group

Description

The Hartness House is a historic 40 room inn and restaurant in Springfield, Vermont. Built in 1904, it is one Vermont's relatively small number of high-style "Shingle Style" houses. It was built for James Hartness, owner of a local machine factory and later Governor of Vermont. The house was listed on the National Register of Historic Places in 1978. There are 11 rooms in the main mansion plus The Governor's Room used for special events. The main inn building also has a commercial kitchen, restaurant, lounge & reception areas. One of the most unique features of the property is a large telescope and underground observatory which was built by Mr. Hartness and connected to the mansion by an underground tunnel. A wing attached to The Hartness House was completed in the 1950s and contains a small conference room for 12 people, 5 additional guest rooms, the SPA and a common room for guests. An additional wing was added in 1972 with 24 more guest rooms. The property consists of +/- 30 acres of land - most of it wooded with original trails built for Mr. Hartness including 7 stone bridges. The inn's grounds have been painstakingly developed and includes an area for an outdoor tent used for special events . Springfield has been designated as a Federal Opportunity Zone: a new tax incentive aimed at increasing private investment. Investors in these zones receive preferential tax treatment when they invest in a newly created “Opportunity Fund.”

Property Details

List Price $750,000 Sold Price $609,000 List Date 2020-11-17 Sold Date 2021-09-22 MLS ID 4838970 Status Closed Property Type Commercial Sale Business Type Hospitality County VT-Windsor Days on Market 309

structure

basement Yes Total Baths 0 building area total 25995.0 building area units Square Feet Features Exterior Business Type Hospitality living area 25995.0 living area units Square Feet Parking Features Driveway, Off Street, On-Site, Parking Spaces 21+, Paved year built 1904

characteristics

current use Lodging Acres 30 lot size area 30.8 Lot SqFt 1341648.0

tax

tax annual amount 28478.0 tax year 2019 zoning Commercial

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2 Buyer Agency Comp. Type % Non-Rep Comp. 2 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 12:17:02 AM (UTC)