2242 North Main Street, Londonderry, VT 05148
VT-Windham County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
Year Built
1840
Living Area
15,874 sq ft
Lot Size
2.40 acres
Zoning
commercial
Days on Market
853
MLS® Listing#
4969057
Property Features
Interior
Basement
Lot Features
Construction
Utilities
Water Source
Financial Details
Annual Taxes
$5,145
Tax year 2023
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Londonderry, VT
- $538,462
- Median Listing Price
- 77
- Median Days on Market
- 2,383
- Median Sq Ft
- $282
- Median Price / Sq Ft
- 40
- Active Listings
- This home’s price is 54% below the area median.
- Its price per sq ft is 94% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Londonderry, VT.
Location
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Points of Interest in Londonderry, VT
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Stoney Brook Road, Londonderry, VT | $195,000 | — | — | — |
| 0 Stoney Brook Road, Londonderry, VT | $195,000 | — | — | — |
| 3095 Thompsonburg Road B/2, Londonderry, VT | $229,000 | 2 | 1 | 960 |
| 0 VT Route 100, Londonderry, VT | $235,000 | — | — | — |
| 0 VT Route 100, Londonderry, VT | $235,000 | — | — | — |
| 765 Thompsonburg Road, Londonderry, VT | $235,000 | 2 | 1 | 1,356 |
