Commercial Sale at 440 Main Street, Derby
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$850,000

440 Main Street
Derby, VT 05830
Listed by Jenna Flynn · Jim Campbell Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1902

About this home

Own a piece of Derby Line history while operating a well-established business with multiple income opportunities. The sellers are willing to sell the real estate only, including the historic 7-bedroom home, 3 outbuildings & 3.40 acres, for $850,000. Or purchase the entire turnkey operation for $1,050,000, including the business, inventory, equipment, furnishings (extensive lists available), goodwill, & more. Constructed in 1902, this landmark property underwent an extensive renovation & addition approximately 12 years ago to incorporate a restaurant. The commercial kitchen was thoughtfully designed to maximize efficiency & functionality, while the addition was carefully crafted to complement the home's original character. The property currently operates with a restaurant on the main level & a five-room bed and breakfast on the second level, with each guest room featuring its own private bath. The third level serves as the owner's quarters & offers 2 bedrooms, 1.5 baths & a comfortable living area. Numerous improvements have been completed in recent years, including replacement of many vinyl windows, a new roof on the main house, 3-bay garage, & 2-bay garage, as well as the installation of a new propane boiler in 2025. Additional features include two walk-in coolers, one located in the kitchen & the other in the basement. The 3 outbuildings further enhance the property's potential. The space above the 3-bay garage, in particular, has the potential be transformed into an impressive guest suite, venue suite, or professional office. The original carriage house, while in need of restoration, presents a blank canvas for future development. The basement provides ample dry storage, updated mechanical systems,& dedicated laundry facilities, further supporting both residential & commercial operations. Whether you're seeking a unique business opportunity, a hospitality venture, or a historic property with room to grow, this exceptional offering provides endless possibilities.

Property details

MLS #
5096928
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
47
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
3.4 acres
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Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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