Listing Presented by:
Contact Jaeger
| The Margaret Holland Inn | |
| Price: | $625,000 |
| Address: | 128 South Main Street |
| Northfield, Vt 05663 | |
| Use: | Inn |
| Type: | Sold |
| Size: | 3,326 SF on .25 Acres |
| Available: | Immediately |
| Parking: | Some on site |
Description:
About MHI
An Historic Inn: This well-preserved colonial–style home was built circa 1850s and sold in 1928 to Mrs. Margaret Holland. (Connarn). Margaret converted the home into an inn, naming it in honor of her grandparents who came to this country at the time the railway began service through Northfield. For decades, she served her guests bountiful New England meals and provided them a comfortable resting place along their journeys.
Property Website: https://margarethollandinn.com/
Margaret Holland Inn is a 6 room Inn with 3 rooms on the 1st floor and 3 rooms on the 2nd. There is an owner suite attached to the back. The property features a lovely a sun porch, back yard porch and lawn, Cable TV in every room, and fun hidden treasures throughout.
Property Details
Parcel information
– Address: 128 South Main Street, Northfield, Vermont
– 0.25 acres in downtown Northfield.
– Building SF: 3,326
– Parcel ID #: 92465000
– Asking Price: $625,000
Business
– All goodwill and property will transfer with the sale (excluding the piano which can be purchased separately).
– Property includes beds, bedframes, carpets, cookware, lights, furniture, website, social media pages, etc.
Why Selling?
After putting hundreds of thousands of dollars into improving the Property, the current owner is looking to move back to Utah where her children live. Margaret Holland Inn will always have a special place in her heart.
Opportunity
Norwich University
Just 0.5 miles from Norwich University, this Inn has housed parents for close to 100 years! Continue to run this in with parents as anchor customers.
Multi-Family
With minimal work, the Margaret Holland Inn could be converted into a duplex or triplex.
Airbnb
With 7 total rooms and 4 bathrooms, this is a perfect Airbnb opportunity.
Owner user
Gorgeous historical property that will provide joy and comfort to any family in the growing town of Northfield.
Summary
The Margaret Holland Inn has been giving visitors a true Vermont experience for close to 100 years. With new electrical panels, boilers, painting, fire alarm system, camera system, kitchen, and bathrooms, this property is turnkey for whoever wishes to purchase! As Northfield continues to grown, this property will continue to provide this town with much needed housing.