2242 Main StLondonderry, VT 05148

  • Commercial real estate
  • 15,874 SF
For Sale
$250,000 View listing

Property Details for 2242 Main St

Year built
1840
Lot size
2.40 AC
Property size (Sq ft)
15,874 SF
Property type
Commercial real estate
APN
(110) 102023
APU
110102023

Description

This iconic 1840 post-and-beam structure, the Mill Tavern, is available for purchase for the first time in decades. Located at 2242 North Main Street, Londonderry, VT, this 15,874 square foot building sits on a 2.4-acre lot at the intersection of Route 11 and scenic Route 100, a prime location benefiting from high traffic volume, especially during peak foliage season. Previously a 170-seat restaurant and lounge popular with second-home owners and tourists visiting nearby ski resorts, the Mill Tavern offers significant potential for redevelopment. While retaining its original charm, the property requires substantial repairs, including a new roof and interior renovations to address flood damage. The building's historical significance and location present a unique opportunity for an investor or entrepreneur with a vision to restore this landmark to its former glory. Historically operating only during winter months, the business could significantly increase revenue with year-round operation. This is a cash sale only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,314,630
    Hospitality
    $3,036,184
    Educational
    $2,526,069
    Medical
    $2,612,944
    Retail
    $3,929,441
2242 Main St, Londonderry, Vermont

Location Insight

City
Londonderry
County
Windham
State
Vermont
Latitude
43.227
Longitude
-72.8091

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,810
$81,000
$158,300
$239,300
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].