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Offered at $1,495,000Active
beds
baths
sq ft
Built
1920

40 The Common Cmn

Chester, VT 05143

Commercial Sale · Active · MLS #5078509
Listing Courtesy of Real Broker LLC | Patrick Kelley, Betsy Adamovich

The home

About this home

A rare opportunity to own one of southern Vermont’s most beloved hospitality landmarks. Located directly on the picturesque village green in historic downtown Chester, the iconic Fullerton Inn stands as the centerpiece of this charming New England village and offers a fully established turnkey business ready for its next steward. Set on 2.28 acres with access to the scenic Williams River, the property combines classic Vermont character with exceptional hospitality infrastructure. Guests gather in multiple inviting spaces including a spacious main dining room, a cozier secondary dining area, and a lively tavern and bar, creating a warm and memorable destination for locals and travelers alike. A large rear deck overlooking the grounds and river provides an ideal setting for outdoor dining, seasonal gatherings, and private celebrations. The inn features 20 guest rooms and suites, along with two separate owner or general manager apartments, offering flexible on-site living and management options. A professional commercial kitchen supports a full restaurant operation and catered events. Well known as a regional gathering place, the property also serves as a popular event venue for weddings, large parties, and cultural or civic celebrations. The inn even appeared as a filming location for the 2008 Hallmark movie Moonlight & Mistletoe. Offering 18,896 square feet of hospitality space in the heart of Vermont ski country, the Fullerton Inn benefits from year-round tourism, from winter skiers to the region’s world famous fall foliage visitors. An extraordinary chance to own a true Vermont destination.

Property information

Details at a glance

Building2 property facts
Style
Other
Year built
1920
Land & utilities4 property facts
Water
Public
Sewer
Public Sewer
Waterfront
Y
Zoning
Commercial
Financial2 property facts
Annual taxes
$26,661
Assessment year
2025

Plan your purchase

Estimated monthly cost

Explore costs at the $1,495,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$9,781 / monthAdjust
Principal & interest
$7,560
Property tax
$2,222
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $26,661. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

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Price & market context

See how this home compares with active listings in Chester.

This home compared with active listings in Chester
MetricThis homeLocal listings
List price$1,495,000$340,000340% above local
Price / sq ft
Days on market12618733% below local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

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Common questions

About 40 The Common Cmn

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Request a tour of 40 The Common Cmn and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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