Address
115 Main Street Essex, CT
Price
$ 1,190,000
Property Attributes
  • MLS#170408595
  • TypeCommercial
  • CountyMIDDLESEX
  • CityEssex
  • Zip06409
  • StyleCommercial For Sale
  • Year Built1841
  • Taxes$ 10183
  • Price$ 1,190,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage27183
  • Lot Size1.38 Acres
Listing Provided Courtesy Of:
Michael Hvizdo with KW Legacy Partners
Data Source:
Smart MLS - 162 - CT
Property Description

THE SPACE: An incredible opportunity for the boutique hotelier or investor, The Ivoryton Inn is a longstanding historic property in the delightful Essex, Connecticut village of Ivoryton. This property is your chance to own a piece of history with a limitless revenue forecast. With 29 guest rooms, wonderful architectural detail like wide-plank wood floors, wainscotting, fireplaces, crown moulding and the period charm of the building’s era with modern hospitality updates throughout, this space offers endless profitability to an owner with vision. The property boasts two bars, with respective capacities of 50 and 100 people and two fully functioning kitchens and restaurants not currently being utilized. With the rich agricultural and maritime community of the surrounding Connecticut River valley, and high per capita income of the locale, these spaces would make ideal farm-to-table dining experiences. Connecticut's booming food culture and craft brewery scene offers opportunities to create a truly world class destination setting at the Ivoryton. The Ivoryton Inn is also a perfect wedding venue, with enormous charm, lovely garden and both indoor and outdoor gathering areas on nearly 1.5 acres with mature landscaping. THE HISTORY Dubbed 'The Perfect Small American Town' in the '1,000 Places To See Before You Die' travel guide and among 'The 100 Best Small Towns in America', Essex offers an ideal blend of history, art, shops, restaurants and so much more to explore

Price History
6/17/2021 Listed $1,490,000
7/29/2021 10% - $1,350,000
8/12/2021 12% - $1,190,000

General Features

Acres 1.3800
Commercial Catagory Investment, Residential Income
Flooring Tile, Wall-to-Wall Carpet, Wood
Location Suburban
Neighborhood Ivoryton
Present Use One Inn and 2 Restaurants
Property Type Commercial For Sale
Status Active
Tax Year July 2021-June 2022
Utilities Available Electric Available, Phone Available, Cable Available
Virtual Tour https://app.immoviewer.com/landing/unbranded/60cabfb6e07ef70088158e93
Virtual Tour Yn Yes
Year Built 1841
Zoning C

Interior Features

Cooling System Ceiling Fans
Heat Fuel Type Electric, Oil, Propane
Heat Type Hot Water
Interior Features Public Restrooms
Sq Ft Source Public Records
Sq Ft Total 27183
Total Numof Units 1

Exterior Features

Foundation Brick, Stone
Garage Parking Info Detached Garage, Parking Lot
Lot Description Level Lot
Road Frontage Description Paved Road
Roof Information Asphalt Shingle, Metal
Sewage System Septic
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 06409

Price
AVG $470K
$1.19M
Taxes
AVG $5,842
$10,183
Visits
AVG 11
26
Year Built
AVG 1936
1841
Walkscore
AVG 33
32
Data Provided by Walkscore ® not using MLS data

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