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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Tax Information

Tax Year2024

Building

Year Built1810
NumberOfUnitsInCommunity19
Square Feet9,730
BasementConcrete Floor, Dirt Floor, Full, Partially Finished, Stairs - Interior, Sump Pump

Exterior

RoofMetal, Shingle - Asphalt

Utilities

FuelElectric, Gas - LP/Bottle, Multi Fuel, Oil, Pellet
Heating CoolingBaseboard, Blowers, Electric, Forced Air, Multi Zone, Stove - Gas, Stove - Pellet, Mini Split

Basic Information

StatusACT
Modification Date08/02/2024
TypeHospitality
List Price$2,395,000
Broker NameRE/MAX Four Seasons
Listing Agent NameBrian Gehlich
Lister Office NameRE/MAX Four Seasons
MLS Number5007077
MLS StatusActive

Amenities

PricePerSqFt246.15

Other

Date Listed07/29/2024
View Count33

Location

Building Number132
StreetLandgrove Road
TownLandgrove
StateVT
Zip05148
CountyBennington

Property

Acreage23.7
Parking Spaces
Property TypeCommercial Sale
Lot Sqft1,032,372
Road Frontage294

Legal

Taxes$23,137.5
OtherStructuresAdditional Buildings, Equipment, Inventory, Land/Building/Business, Outbuilding
ZoningRes-Grandfathered
Excluded From SalePersonal Items including some art work.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 9, 2024 2:23 AM EDT

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132 Landgrove RoadLandgrove, VT 05148MLS Number 5007077

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