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The Hillbrook Motel
2629 Vermont Route 7A, Shaftsbury, VT 05262
$450,000
17
5,280 SF
$26,470.59
Hotel & Motel
Full Service
Business For Sale
3.5%
1
1950
3 AC
-
Find Out More...
Last Verified 10/31/2009
Listing ID 16048176
Highlights
Set back from road, with terrific views- Convenient to recreation, shopping and dining
- Refubished rooms
- 3 units equipped for monthly rentals
- 3 room owners quarters attached to office
Description
Turnkey operation! One of the oldest motels along Historic Route 7A.
The Hillbrook Motel has 12 rooms, owners quarters (which can be used as two guest rooms) and three monthly rental efficiencies.
Situated on 3 acres overlooking Glastenview Mountain, the grounds are perfect for groups, functions and guest relaxation.
Refurbished pool is a quiet oasis for guests. Motel building 400 feet from road, creating quiet guest rooms.
The Hillbrook Motel also has a web presence that allows guests and visitors to preview the property and learn more about the owners and rooms. Complete information with full financials available. Assumable SBA loan. Includes inventory & equipment.
This 3 acre parcel is being sub-divided from a larger 5 acre parcel, which will leave 2 acres with a separate late 1700's or early 1800's post and beam Greek Revival home with approximately 2,500 square feet of living space. This additional acreage and and house is available with the motel for a total package price of $700,000.
Improvements to the house include a new roof in 2007. Heating system was upgraded in 2006, removing all large cast-iron pipes to existing radiators. A large fireplace insert was installed in the living room and comfortably heats the main portion of the house. House has separate entrance from Myers Road, and if sub-divided will be two completely separate parcels with no rights of way required.
Site Description: The overall property has a slight grade up to and behind the property, with a flat parking area.
Area Description: The nearest town of Bennington has a population of 16,000 with a quaint New England downtown which attracts many tourists for shopping and dining. Nearby Manchester, Vermont is a shopping destination, and many visitors to the Shaftsbury / Bennington area make it a point to visit the Manchester area.
Nearby Attractions: Shaftsbury Lake State Park is a public park with lake for non-motorized sporting, complete with hiking trails and picnic areas. Prospect Ski mountain is a cross country mountain popular with the locals. Stratton, Mount Snow, Haystack and Bromley Mountains are all within a 40-50 minute drive.
Map of 2629 Vermont Route 7A, Shaftsbury, VT 05262 (Bennington County)
Created 1/7/2009
Additional Information for 2629 Vt Route 7a, Shaftsbury, VT 05262
- Active For Sale - 1 Listing
- Active For Lease - 0 Listing
- Previously Listed - 0 Historic Listing
- Sales Comparables Available - 0 RecentSales Record
View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.