• Asking Price $925,000

  • 182 US ROUTE 4 E RUTLAND, VT 05701

  • 3,600 SqFt
  • Commercial / Resale (MLS)
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Property Details for 182 US ROUTE 4 E, RUTLAND, VT 05701

Features

  • Price/sqft: $256
  • Lot Size: 1.19 acres
  • Total Units: 1
  • Stories: 1
  • Heating: Baseboard Heating

Facts

  • Year Built: 01/01/1970
  • Property ID: 877318323
  • MLS Number: 4863200
  • Parcel Number: (171) 00057-0182
  • Property Type: Commercial
  • County: RUTLAND
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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%. It is also customary for a new owner to pay dollar for dollar for the inventory at time of closing.

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Property Brokerage: Hospitality Consultants, LLC. 3525 Colvin Hill Road Danby VT 5739
Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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