InnShopper > Inns for Sale > Vermont > Old Bennington > Swank Little Luxury Inn

Swank Little Luxury Inn


Old Bennington, VT   Offered for sale at $2,200,000
 

This well-known inn boasts an annual occupancy rate of over 60% It is privately situated on over 10 acres of meticulously kept grounds with a large pond in the heart of one of Vermont’s most desirable cultural and business centers. The guest rooms are exquisitely appointed and beautifully furnished. Common rooms include an intimate sitting room with fireplace, stunning formal dining room, southwesterly facing conservatory and a full-service bar open to lodging guests only. The inn attracts both leisure and business travelers.

The 11 guest rooms and suites are stylishly updated and furnished with an eye to preserving the inn's old world charm. All have private baths, flat screen TV's and individually controlled heat and air-conditioning. Most have working fireplaces and luxurious bathrooms with jetted tubs. Due to its strategic location, architectural style and appeal, this inn attracts both business and leisure travelers.Current owners have cultivated several HR relationships over the past 12 years that has secured them a very strong, reliable mid-week corporate clientele. In 2013 they made the decision to close the restaurant and operate the business as a Bed & Breakfast Inn with an intimate, full service bar open to lodging guests only. The inn’s corporate and leisure travel clientele, as well as, local residents would love to see dinner service reinstated. All licenses, fixtures and equipment are in place to reopen the restaurant should new owners choose to maximize the use of this superb facility. There is a newly refurbished 1-bedroom, 1-bath owners’ apartment on the second floor of the main inn. It features a sleek, new galley kitchen with stainless appliances, a peninsula island dining bar that opens to an attractive sitting area with built-in entertainment center. This attractive living space opens to a private, westerly facing deck. A switchback staircase leads to a large, semi-finished attic space that could be converted to additional living space. One of the smaller guest rooms on the third floor of the inn could easily be adjoined to the owners’ quarters if desired. New owners may want to consider building a home onsite or purchasing one of exquisite period homes in the surrounding Historic District.




Property Details
  • 11 Guest Rooms
  • 11 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1913
  • Last Renovated in 2015
  • Opened in 1950
  • Building is 9,454 SQFT
  • Lot is 11 Acres
  • Photo Gallery
Financial Details
  • Offered for sale at $2,200,000
  • Occupancy Rate: 65.68%
  • Average Daily Rate: 171.00
  • Annual revenue is $493,682
Contact Information