6 Bedroom Inn & 8 Motel Rooms – Roughly $110,000 Per Year Income Potential!
3420 Route 7A, Arlington$300,000
Lot: .42 acres
Sq Ft: 5,033
Year Built: 1910
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The Cutleaf Maples Motel has been a family business since 1910. Well maintained and tastefully renovated 6 bedroom inn plus 8 room motel are the perfect package for a live in business. Spacious owners quarters and plenty of room for on site management.
The tastefully decorated inn features a large community room, grand entry with hardwood floors, reception area with beautiful staircase, living and dining rooms with decorative moldings, and a large kitchen with Garland antique stove. The rare heart pine wood in the living and dining rooms is very valuable. Exterior painted, new chimney, new gutters, and some new windows since 2016. Many rooms have bathtubs along with a jetted tub in the master suite. All rooms are in very good condition.
The motel is home to many long term tenants and is constantly rented on a weekly or monthly basis. One could do nightly rentals as well. Convenient location part way between Manchester and Bennington – close to skiing, golf, and other tourist spots. Can remain a motel or be used as a B & B, retail, or other type of business.
The inn has had many famous and notable visitors over the years including Joe Biden, composer Carl Ruggles, the Shirelles music group, and Martha Graham (dancer) to name just a few. The motel has hosted many large gatherings for ski clubs, scouts, and other organizations.
Current owner is willing to stay on to mentor someone new in the business. Two separate basements are in very good condition for an older property – no evidence of water or musty odor as is common in properties of this age. Easy financing as owners can supply tax returns to show a profitable business. A family business for generations – current owner is looking to retire.
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