Great opportunity, great location. If it is time to "bust a move,â?? "ditch the grind" of the city, or expand your Vermont business enterprises... either way or whatever the reason, this "up and running" turn-key business is ready to be supercharged. Everything is new, updated, or upgraded. Business is good. Very strong "local" following and essentially at the base of Magic Mtn ski area, and on Rt 11 just outside Londonderry, you are in a PRIME location to capture and generate huge traffic. Terrific ambiance and atmosphere, locals and seasonal/weekend guests alike all enjoy the camaraderie, casual surroundings and delicious foods. Whether for a great family dinner or an apres ski beer and snack, this is a superb choice. 2 pizza overs have produced award-winning pizza here, some of the best pizza in Southern Vt! Also on the VAST snowmobile trails network, another opportunity to build collateral revenue streams. With a restaurant that seats 50 and a bar that seats 25 and a full kitchen that can also produce breakfast, lunch, dinners and take out.. there is NO ceiling to upside revenue potential. This is what YOU will make it. Wide open potential. Financials available after a first showing only! POS sale system and all inventory included in sale. All licenses and inspections are up to date. Potential living quarters upstairs, small apartment.This is a move-in ready; take it over and take on the opportunity!
Investment Opportunity in Londonderry, VT! Discover the potential of this Alpine-style lodge, perfectly situated on Magic Mountain, just 300 feet from the ski lifts and slopes. This property, while needing extensive renovation or demolition, offers incredible value with options for redevelopment. The house, likely salvageable, is connected to a community sewer and one of the two private well. The hotel and annex present an ideal gut job or tear-down project, making way for future building lots. Note: Asbestos is present in the bathroom tiles and ceilings. Magic Mountain holds the right of first refusal. Donâ??t miss this chance to create something truly special on this prime, almost, ski-in/ski-out property!
This property features a 18-unit motel, that includes two apartment suites, alongside a spacious 3-bedroom, 2-bathroom home, making it a unique investment opportunity. Situated in the charming town of Londonderry, this property is perfectly positioned to attract visitors year-round with its proximity to two of Vermont's most popular ski destinationsâ??Okemo Mountain Resort and Stratton Mountain Resort, offering prime income potential. Okemo Mountain Resort, just a short drive away, is renowned for its friendly atmosphere, extensive trail system, and top-notch snow conditions. Whether guests are avid skiers or simply looking to enjoy the winter scenery, Okemo provides a wide range of activities including skiing, snowboarding, and snowshoeing. Stratton Mountain Resort, also within easy reach, offers a slightly different experience with its charming village, diverse terrain, and vibrant après-ski scene. In addition to winter sports, Stratton is a four-season destination with golf, hiking, and mountain biking opportunities during the warmer months. The motelâ??s proximity to these popular destinations and the combination of commercial and residential spaces presents a lucrative opportunity in a sought-after location.
For the first time in 25 years, a cherished Londonderry, VT institution is up for sale, presenting an incredible opportunity for both investors and owner-operators. This property, steeped in local history, has been thoughtfully renovated and updated with modern systems by the current owner, ensuring a seamless transition for the next proprietor. The property boasts a long-term lease on a popular diner and a charming country store, both well-established and beloved by the community. Above these commercial spaces are two residential units, perfect for generating additional income or housing staff. The first unit is a three-bedroom, one-bathroom apartment, offering ample living space and comfort. The second unit is a cozy two-bedroom, one-bathroom apartment, ideal for a small family or as a rental property. This unique offering is a rare gem, combining commercial and residential potential in a picturesque Vermont setting. Don't miss this extraordinary chance to own a piece of Londonderry's heritage and secure a versatile investment with multiple revenue streams.
Old Homestead could be renovated. Structure is currently inhabitable, but beautiful property and lots of potential. Needs to be combined with the sale of the Mill Restaurant next door.
For the first time in a generation the Mill Tavern is available for purchase. This beautiful post and beam structure built in 1840 was once a 170 seat dining and lounge fixture for second home vacationers in Londonderry VT. The Mill is located in the middle of four major ski resorts at the convergence of Route 11 and scenic route 100 which is one of the most popular foliage drives in all of southern Vermont so there is plenty of daily traffic to support your vision. Many of us grew up and created lots of memories spending time at the Mill. The owner is hoping to find someone who shares his vision of what the property once was and could once again be. Historically, the Mill was only open during the winter months, but the business numbers could be improved tremendously if you opened up year round. The charm of the original restaurant is still there, but the building is in desperate need of some repairs. The building badly needs a roof and some internal damage from the the flooding needs to be fixed. This would be a cash sale. Most likely not mortgageable.
Londonderry is located in Vermont. Londonderry, Vermont has a population of 1,886. Londonderry is less family-centric than the surrounding county with 20.74% of the households containing married families with children. The county average for households married with children is 20.95%.
The median household income in Londonderry, Vermont is $55,465. The median household income for the surrounding county is $59,195 compared to the national median of $69,021. The median age of people living in Londonderry is 53.3 years.
The average high temperature in July is 78.9 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 51 inches per year, with 99.3 inches of snow per year.
