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14-18 North Main Street RouteWilmington, VT 05363MLS Number 4607528

  • Price: $895,000The price has recently decreased
  • 269 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 4.6Acreage
  • 1828Year Built
  • 11000Square Feet
  • 2Units

OLD RED MILL,198 Seat RESTAURANT,24 GUEST ROOMS (60 guests) sited on 4.6 acres with over 1,800' Frontage on both sides of the Deerfield River.The Mill Building is over 12,000 sq ft plus a full basement.This is an extraordinary opportunity to own a successfully operated Landmark property in the heart of the Historic Village of Wilmington,Vt,located approx.8 miles north of the Mass Border midway between Bennington and Brattleboro, VT.“The Mill” as it is known to locals offers contemporary American cuisine in a rustic atmosphere;2 bars,3 dining rooms and “deck seating” overlooking the Deerfield River in the warmer months.The downtown location is convenient not only for inn guests to walk to the many venues offered in Historic Wilmington but is also a great base location for visiting Mt. Snow and the Hermitage Club facilities. The Mill offers large open spaces to accommodate events from local service clubs to lavish receptions.A bigger plus is the 36 on site parking. Although it is common knowledge that Wilmington suffered severe damage due to Tropical Storm Irene in 2011,the Mill faired well,only the basement housing the mechanical components was impacted. The benefit to a new owner is that the building has a new 600 amp electrical system, new hot water heaters, new heating and central air conditioning systems throughout, AND is fully Sprinkled.Being sold as is &includes most FF&E.Present owners in residence for 43 yrs.You can hit the ground running as the new owner/operator.

Listed by Dick Palmer of Hospitality Consultants, LLC

Driving Directions

Your Local Office

Chimney Hill
9 Haystack Rd
Wilmington VT, 05363

Office: 802-464-3239

More Info

Basic Information

  • Modification Date04/29/2017
  • List Price$895,000
  • Date Listed2016-11-01T00:00:00
  • StatusACT
  • MLS Number4607528

Interior

  • BasementConcrete Floor, Dirt Floor, Full, Stairs - Interior, Storage Space, Sump Pump, Unfinished

Amenities

  • Accessibility AmenitiesAccess Common Use Areas, Access Parking, Access Restrooms, Bathroom w/Step-in Shower

Location

  • Zip05363
  • StateVT
  • Building Number14-18
  • TownWilmington
  • CountyWindham
  • StreetNorth Main Street

Exterior

  • ExteriorWood Siding

Utilities

  • FuelElectric, Gas - LP/Bottle
  • Heating CoolingElectric, Forced Air, Multi Zone

Building

  • Square Feet11000
  • Year Built1828
  • Rail Available Y/NNo
  • Units2

Property

  • Property TypeCommercial Sale
  • Road Frontage868
  • ZoningVillage District
  • Lot Sqft200376
  • TypeHospitality
  • SignageAdequate
  • Acreage4.6

Other

  • Broker NameHospitality Consultants, LLC
  • Agent NamePalmer
  • bloggingNo
  • AC percent100
  • Book71
  • Transport AccessState Highway, Paved
  • Page352
  • Delayed ShowingsNo
  • Number of Photos31
  • View Count2

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Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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  • P.O. BOX 415, 9 Haystack Road, Wilmington VT 05363