Rare turnkey mixed-use investment opportunity along Vermontâ??s scenic Route 100 corridor. This versatile 3,874 SF property (4,954 SF total) functions as two fully independent residences connected by a breezeway, with potential for 1â??2 additional units. Ideal for short-term rentals, co-living, group housing, or owner-occupied income generation, with strong potential for commercial uses such as a bed & breakfast, retreat center, professional offices, wellness facility, or continued care operation (subject to approvals). The property offers 16 rooms with 9â??10 bedrooms and 3.5 baths, supporting multiple revenue streams and flexible configurations. Formerly a licensed Level 3 assisted living facility, it includes infrastructure suited for commercial or institutional use: sprinkler system, backup generator, and high-speed internet. Extensively updated since 2022 with new roof, boiler, flooring, fresh interior paint, and updated appliancesâ??minimizing near-term capital needs. The main residence features 4 bedrooms, 1.5 baths, large kitchen, formal dining, living room, enclosed porch, deck, and oversized laundry/storage. The auxiliary residence includes a first-floor 2â??3 bedroom suite with full bath and common living area, plus a separate 3-bedroom second-floor apartment with full bath, kitchenette, recreation room, and deck. A 1,080 SF walk-up attic adds value-add potentialâ??ideal for a primary suite, office expansion, or additional apartment (subject to approvals). Set on a level 1-acre lot with mountain views and parking for 10+ vehicles, directly across from Hancock Town Green and walkable to village amenities. Conveniently located 20â??40 minutes to Sugarbush, Mad River Glen, Pico, and Killington, offering strong year-round demand from skiing, golf, hiking, and tourism. A flexible, income-producing asset with immediate usability, commercial upside, and long-term growth potential.
Hancock is located in Vermont. Hancock, Vermont has a population of 479. Hancock is less family-centric than the surrounding county with 12.6% of the households containing married families with children. The county average for households married with children is 26.02%.
The median household income in Hancock, Vermont is $64,449. The median household income for the surrounding county is $77,978 compared to the national median of $69,021. The median age of people living in Hancock is 32.5 years.
The average high temperature in July is 75.3 degrees, with an average low temperature in January of 5.2 degrees. The average rainfall is approximately 45.3 inches per year, with 111.9 inches of snow per year.
