NOT LISTED FOR SALE

28 W Main St Wilmington, VT 05363

Estimated Value: $684,869

-- Bed
-- Bath
5,804 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $700,000 $121 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,374/month

187 Days on Market

Highlights

  • River Front
  • High Speed Internet
  • 2-minute walk to Wilmington Pergola
  • Farmhouse Style Home
  • Level Lot

About This Home

As of June 2024

The 1836 Country Store business and it's historic West Main St building are ready for new ownership! The 4 unit mixed commercial building has several different ways to cash flow. Although family owned for over 58 successful years the seller is motivated and ready to help the next owner(s) flourish in their new business so she can pursue her love and passion in animal conservation. The building is home to the prestigious anchor business that is HIGHLY PROFITABLE with a yearly multi 6 figure profit, and is included in this sale, Jezebel's Eatery restaurant and bar, that has been leasing for nearly 20 years, and two 1 bedroom apartment units. Each apartment has possibility for long or short term rentals or to owner occupy. Year round tourist activities such as skiing, hiking, leaf peeping, golfing, state parks, and galleries would be perfect to run a profitable Air BNB or VRBO style rentals. Locals and tourist alike enjoy all the 1836 Country Store has to offer. Fudge made with Real Vermont butter, decadent handcrafted chocolates and peanut butter cups. Wheels of Vermont Cheddar Cheese and Applewood Smoked Vermont Cheddar Cheese. Vermont maple syrup 4 flavors: Golden, Amber, Dark, and Very Dark. Great opportunity to take over a profitable business and mix use building to start or expand your portfolio. Large deeded shared parking lot. Notice required for showings. Property being sold as is.

Last Agent to Sell the Property

Linda Desaulniers

1 Worcester Homes License #078381 Listed on: 11/01/2023

1 Worcester Homes

Last Buyer's Agent

Story Jenks

LandVest, Inc/Woodstock License #081.0045630

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,586

Year Built

  • Built in 1836

Lot Details

  • 0.5 Acre Lot
  • River Front
  • Level Lot

Parking

  • Shared Driveway

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Slate Roof
  • Metal Roof
  • Clapboard

Interior Spaces

  • 2-Story Property

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Utilities

  • Heating System Uses Gas
  • 200+ Amp Service
  • Propane
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,586

Year Built

Built in 1836

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Yes
  • Assessment Amount: 250960
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 120.61
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 8018
  • Sq Ft - Apx Total Finished: 5804
  • Year Built: 1836
  • Remarks Public: The 1836 Country Store business and it's historic West Main St building are ready for new ownership! The 4 unit mixed commercial building has several different ways to cash flow. Although family owned for over 58 successful years the seller is motivated and ready to help the next owner(s) flourish in their new business so she can pursue her love and passion in animal conservation. The building is home to the prestigious anchor business that is HIGHLY PROFITABLE with a yearly multi 6 figure profit, and is included in this sale, Jezebel's Eatery restaurant and bar, that has been leasing for nearly 20 years, and two 1 bedroom apartment units. Each apartment has possibility for long or short term rentals or to owner occupy. Year round tourist activities such as skiing, hiking, leaf peeping, golfing, state parks, and galleries would be perfect to run a profitable Air BNB or VRBO style rentals. Locals and tourist alike enjoy all the 1836 Country Store has to offer. Fudge made with Real Vermont butter, decadent handcrafted chocolates and peanut butter cups. Wheels of Vermont Cheddar Cheese and Applewood Smoked Vermont Cheddar Cheese. Vermont maple syrup 4 flavors: Golden, Amber, Dark, and Very Dark. Great opportunity to take over a profitable business and mix use building to start or expand your portfolio. Large deeded shared parking lot. Notice required for showings. Property being sold as is.
  • List Agent: 288409
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Farmhouse, Multi-Family
  • ResoLotFeatures: Level, River Frontage, Sidewalks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Unfinished
  • Sq Ft - Apx Finished AG: 5804
  • Sq Ft - Apx Unfinished BG: 2214

Exterior Features

  • Driveway: Common/Shared
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Slate
  • Easements: Yes
  • Construction Type: Wood Frame, Clapboard Exterior

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating Fuel: Gas - LP/Bottle
  • Utilities: Cable - Available, Gas - Lp/Bottle, Telephone Available
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 21780
  • Lot Acres: 0.5
  • Surveyed: Unknown
  • Zoning: Mixed
  • Deed Book: 352
  • Deed Page: 683-684
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Units: 4
  • Total1 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5586
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jun 21, 2024
Sold by
Wurzberger Cs
Bought by
4 Columns Inn Corp
Seller's Agent
Linda Desaulniers
1 Worcester Homes
Buyer's Agent
Story Jenks
LandVest, Inc/Woodstock
List Price
$785,000
Sold Price
$700,000
Premium/Discount to List
-$85,000
-10.83%
Views
114
Current Estimated Value
$684,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,131
Avg. Annual Appreciation
-2.16%

Purchase Details

Closed on
May 22, 2020
Sold by
Wurzberger C.S.
Bought by
Hammer Emily S

Purchase Details

Closed on
Jul 5, 2019
Sold by
Wurzberger Albert G
Bought by
Wurzberger Albert G and Wurzberger Cs

Purchase Details

Closed on
Apr 28, 1998
Sold by
Wurzberger Albert G and Wurzberger Suzanne
Bought by
Wurzberger Albert and Albert G Wurzberger Trust
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4 Columns Inn Corp $700,000 --
Hammer Emily S -- --
Hammer Emily S -- --
Wurzberger Cs -- --
Hammer Emily S -- --
Wurzberger Cs -- --
Wurzberger Albert G -- --
Wurzberger Albert G -- --
Wurzberger Albert G -- --
Wurzberger Albert -- --
Wurzberger Albert -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $700,000 +0.1% $121 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $699,000 -11.0% $120 / Sq Ft
11/01/2023 11/01/23 For Sale $785,000 -- $135 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,696 $364,110 $60,000 $304,110
2023 $5,586 $250,960 $48,730 $202,230
2022 $5,588 $250,960 $48,730 $202,230
2021 $5,519 $250,960 $48,730 $202,230
2020 $6,078 $250,960 $48,730 $202,230
2019 $6,313 $270,000 $0 $0
2018 $6,081 $270,000 $0 $0
2016 $5,467 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4977599

PrimeMLS

APN: 762-242-13521