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101 Nanak Way
Killington, VT 05751
CALL TO OFFERS - BROKERS WELCOME! Development · Hospitality Property For Sale · 72 Rooms

Investment Highlights

  • Well located on the base of the largest ski resort in the east
  • Killington expansion under way
  • Property values and demand remain strong in resort destination areas
  • Utilities on site - public water approved by the town , public waste management on site
  • MOTIVATED SELLER - CALL TO OFFERS - BROKERS WELCOME!
  • Approved plans for a dynamic 72 room independent lodge

Executive Summary

31,000 sq foot building on 6 plus beautiful acres on the Killington access road just minutes to the largest ski resort in the east. The building was approved for use as a 72 room Inn, subject to the build out and final approval from the state. Other possibilities are a hostel and multi family development.There is a significant demand for work force housing in the area due to the expansion of the resort . Municipal water and sewer .

Property Facts

Sale Type Investment
Sale Conditions
Distress Sale
  • Lease Option
  • Deferred Maintenance
  • Building in Shell Condition
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 6.42 AC
Construction Status Under Construction
Building Size 31,000 SF
No. Rooms 72
No. Stories 3
Year Built 2027
Parking Ratio 4/1,000 SF
Corridor Interior
Zoning Commercial/Residential - Suitable for most commercial uses , hospitality, condos, apartments as well as educational/ training purposes

Amenities

  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Ski (direct access)

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 72 $226.91 CAD -

Property Taxes

Property Taxes

Parcel Number
588-185-13618
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$621,230 CAD
  • Listing ID: 25454551

  • Date on Market: 2022-04-12

  • Last Updated:

  • Address: 101 Nanak Way, Killington, VT 05751

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