Rutland Town, VT | 182 US Route 4

$925,000
MLS#: 4863200
1.19
Acres
100
Road Frontage
3,600
SQ. Feet
$7,565
Taxes
1 of 24

General Property Information

Price:
$925,000
Property Status:
Active
County:
VT-Rutland
Agency/Brokerage:
Dick Palmer
Hospitality Consultants, LLC

Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. High Volume, High Quality Food, Very loyal local Clientele, Frequented by Tourists as well. Licensed for up to 100 seats. Despite the volume, this is one of the most immaculate kitchens in Vermont. The owners have very high standards not only with their food, service, it also includes their building, inside and out. The restaurant building contains 3,600 sq ft and situated on 1.19 acres with highway frontage, plenty of on site parking. It helps if a new owner is a Chef and has high volume experience. The numbers support the price. Seller request Buyers to sign a Confidentiality Agreement and provide financial information to prove their ability to purchase before we can release the financial information. Required minimum down payment by Banks is 20% to 30%. It is also customary for a new owner to pay dollar for dollar for the inventory at time of closing.

Property Features

Year Built:
1970
# of Stories:
Road Frontage:
100
Zoning:
comm
Acres:
1.19
Total Sq ft:
3600
# of units:
1
Parking:
Off-Site,Parking Spaces 21+,Unassigned
Basement:
Location:
Exterior Features:
Block,Brick
Sales Includes:
Equipment,Land/Building/Business
Roof Style:
Type:
Business w/ Real Estate,Food Service,Free Standing Building
Misc:
Furniture Included,Public Restrooms,In-Unit Bathroom
Foundation:
Fuel:
Heating & Cooling:
Baseboard,Propane
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2021-05-27
Last Updated:
2024-11-09 15:42:56

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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