Profitable multi-use real estate investment with value add opportunity within Vermont's Mad River Valley located 2 miles from Sugarbush Ski Resort. This 2.5-acre parcel consists of three separate buildings. The restaurant building was completely remodeled in July 2008 and includes a 95-seat restaurant, large commercial kitchen, great bar area, breathtaking stone wood-burning pizza oven, office/storage space. It could continue as a restaurant or repurposed to become a special events center with rehearsal dinners/weddings, live music venue, a catering business model or commercial space. The second structure comprises a 4-unit apartment building which includes (3) one-bedroom units and (1) three-bedroom unit. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the detail content of this listing refers to the restaurant building primarily. Square footage & general information on the 4-unit apartment building & 2-bedroom ranch is available. This is an ideal investment opportunity for a ski club, developer or interested party looking for real estate rental income. Owner is the broker.
Warren is located in Vermont. Warren, Vermont has a population of 1,632. Warren is more family-centric than the surrounding county with 29.12% of the households containing married families with children. The county average for households married with children is 25.52%.
The median household income in Warren, Vermont is $66,136. The median household income for the surrounding county is $70,128 compared to the national median of $69,021. The median age of people living in Warren is 52.2 years.
The average high temperature in July is 77.6 degrees, with an average low temperature in January of 6.2 degrees. The average rainfall is approximately 47.8 inches per year, with 112 inches of snow per year.
