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56 Turner Mill Ln 7,000 SF Specialty Building Offered at $4,950,000 at a 7.07% Cap Rate in Stowe, VT 05672



Executive Summary
Turner Mill Inn, built in 1936, is one of the oldest ski destinations in Stowe…and in the US. This property is Stowe’s first APARTHOTEL and has been restored by the current owners, beginning is 2020, with great emphasis on fit and finish. The property abuts Stowe Mountain Resort (Vail) and is located at the corner of Mountain Road and Notchbrook Road. Ski home from the top of Stowe Mountain Resort’s Four Runner Quad, down the Bruce Trail and walk across the street to Turner Mill. The property also has a stop on the Mountain Road Shuttle for easy access to Stowe Mountain Resort and Stowe Village. What is Turner Mill now? Level 1and 2: (5) bedrooms (4) baths, kitchen, living rooms, dining room, sitting room…3,410 sq’ Level 3: (4) Bedrooms, (3) baths, living room, dining room, kitchen…2,019 sq’ Level 4: Suite One (2) bedrooms, kitchen, bath. Suite Two (2) bedrooms, bath, kitchen. Suite Three (2) bedrooms, bath, kitchen…1,871 sq’ Please see the attached Interactive Property Tour! Reference the attached Architectural Drawing Package showing the floorplans and dimensions. These are not as-built drawings. In addition to the restored, renovated and updated Turner Mill Inn there are 9 acres. (4) acres in the Upper Mountain Road Zoning district and (5) acres in the RR-5 Zoning district. The (5) acres in RR-5 are not developed. Reference Survey attached. For summer swimming fun the property has direct access to Foster’s Swimming Hole in NotchBrook. This is a popular summer attraction in Stowe.
Property Facts
| Price | $4,950,000 | Property Type | Specialty |
| Price Per SF | $707.14 | Building Size | 7,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 4 |
| Cap Rate | 7.07% | Year Built/Renovated | 1933/2023 |
| Sale Condition | Redevelopment Project |
| Price | $4,950,000 |
| Price Per SF | $707.14 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.07% |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Building Size | 7,000 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1933/2023 |
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56 Turner Mill Ln
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