132 Landgrove RD Active Save Request In-Person Tour Request Virtual Tour
Landgrove,VT 05148
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5007077
Year Built 1810
Annual Tax Amount $23,137
Tax Year 2024
Lot Size 23.700 Acres
Acres 23.7
Property Description
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.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning Res-Grandfathered
Body of Water Brook/Stream
Rooms
Basement Entrance Interior
Basement Concrete Floor,Dirt Floor,Full,Partially Finished,Stairs - Interior,Sump Pump
Interior
Heating Electric,Gas - LP/Bottle,Multi Fuel,Oil,Pellet
Cooling Multi Zone,Wall AC Units,Mini Split
Inclusions Additional Buildings,Equipment,Inventory,Land/Building/Business,Outbuilding
Exterior
Parking Features Driveway,Parking Spaces 21+
Garage Description Driveway,Parking Spaces 21+
Utilities Available Gas - LP/Bottle,Satellite,Telephone At Site
Water Access Desc Yes
Roof Type Metal,Shingle - Asphalt
Building
Sewer 1500+ Gallon,Leach Field - Existing,On-Site Septic Exists,Septic