19 Main Street, Bristol, VT, 05443 | $1,200,000

A profitable and unique lodging property in buzzing Bristol, Vermont! We are thrilled to be offering this architecturally significant, strategically renovated and well positioned hospitality property at the heart of a thriving New England market and within minutes of Middlebury, Vermont, with its active liberal arts college. Bristol suites offers seven spacious accommodations (two "mini suites" and five sprawling apartment style rentals with kitchens and expanded common and dining areas), well designed support facilities, and two retail spaces with high visibility. One of the storefront retail spaces - Vermont Marketplace - is operated by owners of Bristol Suites and is included in the transfer while the other space is rented to a local business on a monthly basis. This historic and exceptionally well maintained asset and business is within walking distance to all of Bristol's amenities, celebrated restaurants, and mere miles from the Long Trail and Mount Abraham, offering access to dozens of hiking trails, swimming holes and striking waterfalls. Business activity reflects Bristol's strength as an established leisure travel destination in addition to the benefit of proximity to a thriving liberal arts college which drives occupancy outside of the peak summer season. This is a rare opportunity to purchase one of the most historically significant buildings in the downtown area of Bristol and a well established hospitality business. View the 3D Tour and call/text for details!

Features

  • Property Type: Business,Hospitality,Investment,Office,Opportunity,Retail
  • Parking: Driveway,Off Street,On-Site
  • Heating: Baseboard,Heat Pump
  • Cooling: Other
  • Zoning: Commercial
  • Year Built: 1870
  • Acreage: 0.15
  • Est. Taxes: $14,464
  • MLS#: 5006214
  • Website: https://www.raveis.com
    /prop/5006214/19mainstreet_bristol_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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 9/20/2024
Listing courtesy of Barrett & Valley Assoc. Inc   Phone: 802-843-2390
Listing Agent: Eben Viens

William Raveis Family of Services

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888.699.8876

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

19 Main Street, Bristol, VT, 05443

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $1,205 $1,205 $1,205
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,153 $5,679 $7,908
Total Monthly Payment $6,483 $7,009 $9,238

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.