1573 Us Route 5 SouthBarnet, VT 05821MLS Number 4968394

  • Price: $489,950
  • 233 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
  • 24.35Acreage
  • 1850Year Built
  • 4,260Square Feet

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Listed by Mathew Ghafoori of RE/Max Heritage
This property has been largely updated over the years. Situated on just over 24 acres in the village of Barnet, this former Bed & Breakfast could easily be reopened as a Bed & Breakfast offering 4 rooms immediately, and 3 additional could be brought online with a few updates. If the new owner desires a Bed & Breakfast, the seller is willing to help guide the new owner through the process of reopening. The possibilities are many with this property. Boasting 2 kitchens, this could be a quaint bakery / coffee shop, or a relaxing destination wellness center and day spa. There are four porches overlooking the property's 24 landscaped and wooded acres. The grounds could be opened to expand to additional guest cottages privately situated in the woods. The property is very well suited for solar, organic gardening, or an equine therapy retreat. There is an unfinished space is the lower level of the former barn that is prepped for radiant heat and awaiting completion. The Old Homestead is conveniently located close to Interstate 91, and 93. From the Inn you have only a twelve minute commute to St Johnsbury and the world renowned St. Johnsbury Academy, and an hour to Dartmouth College and Medical Center in Hanover, Montpelier, or the Canadian border. This property is very near the Kingdom Trails, excellent skiing, hiking, kayaking, and all of Vermont's natural beauty. This operation could be turn key, or slight adjustments would make this a very strong income property.

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Tax Information

  • Tax Year2022

Building

  • Year Built1850
  • ConstructionWood Frame
  • FoundationBrick, Stone
  • Square Feet4,260
  • Available Sqft2,960
  • BasementFull, Stairs - Interior, Storage Space, Unfinished, Walkout

Exterior

  • ExteriorWood Siding
  • RoofMetal, Shingle - Asphalt, Standing Seam

Basic Information

  • StatusActive With Contract
  • Modification Date04/08/2024
  • TypeHospitality, Multi-Family, Opportunity, Retail
  • List Price$489,950
  • Broker NameRE/Max Heritage
  • Listing Agent NameMathew Ghafoori
  • Lister Office NameRE/Max Heritage
  • MLS Number4968394
  • MLS StatusActive Under Contract

Amenities

  • PricePerSqFt115.01

Other

  • Date Listed09/02/2023
  • View Count57

Location

  • Building Number1573
  • StreetUs Route 5 South
  • TownBarnet
  • StateVT
  • Zip05821
  • CountyCaledonia

Property

  • Acreage24.35
  • Property TypeCommercial Sale
  • Lot Sqft1,060,686
  • Road Frontage200

Utilities

  • FuelGas - LP/Bottle, Oil
  • Heating CoolingAlternative Heat Stove, Baseboard
Jim Campbell Real Estate
Jim Campbell Real Estate
601 East Main Street
Newport, VT 05855
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 21, 2024 7:37 PM EDT

 

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