Landgrove VT Commercial for Sale
$2,099,000
132 Landgrove Road Landgrove, VT 05148
- Type:
- Other
- Sq.Ft.:
- 9,730
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 23.7 Acres
- Year built:
- 1810
- Baths:
- MLS#:
- 5007077
ADDITIONAL INFORMATION
The Landgrove Inn and InView Center for the Arts is an historic, quintessential, full service country Inn set in the picturesque town of Landgrove, surrounded by the majestic Green Mountains. With over 23 acres which include the Inn, Restaurant and Tavern, Arts Center buidling, beautiful pond, and inground pool, there are numerous opportunities. Within minutes of Okemo, Bromely, Stratton and Magic ski areas as well as local cross country skiing. Summer draws guests for the beautifully lanscaped property with pool, pond, pickleball court and proximity to the Weston Theater Company and numerous lakes. The InView Center for the Arts draws over 35 groups per year with up to 15 rooms, for 5 nights with 3 meals daily, providing tremendous base business. The Arts Center building is key to this revenue stream and with over 1800 sq ft, it has potential for numerous other uses. The Inn offers 16 rooms and suites and owners quarters consisting of 3 rooms. The property has been well cared for by the current owner for over 21 years and they have increased revenues streams while reinvesting in the business including the addition of the Arts center building in 2009, new generator in 2023 and replacing the roof on half the Inn in 2022. A country gem with a solid group base revenue stream and so much potential for additional revenue growth.
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Landgrove Real Estate
The median home value in Landgrove, VT is $1,137,500. This is higher than the county median home value of $315,000. The national median home value is $338,100. The average price of homes sold in Landgrove, VT is $1,137,500. Approximately 48.11% of Landgrove homes are owned, compared to 3.78% rented, while 48.11% are vacant. Landgrove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Landgrove real estate agent to arrange a tour today!
Landgrove, Vermont has a population of 185. Landgrove is less family-centric than the surrounding county with 17.65% of the households containing married families with children. The county average for households married with children is 22.94%.
The median household income for the surrounding county is $63,448 compared to the national median of $69,021. The median age of people living in Landgrove is 66.2 years.
Landgrove Weather
The average high temperature in July is 79 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 50.9 inches per year, with 102.7 inches of snow per year.