Rutland Town, VT 05701,182 US Route 4
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Rutland Town, VT 05701,182 US Route 4
Rutland Town, VT 05701,182 US Route 4
Rutland Town, VT 05701,182 US Route 4
Rutland Town, VT 05701,182 US Route 4
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Listed by Dick Palmer • Hospitality Consultants, LLC
$ 925,000
Est. payment /mo
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182 US Route 4 Rutland Town, VT 05701

3,600 SqFt


UPDATED:

11/09/2024 03:42 PM

Key Details

Property Type Commercial

Sub Type Business,Hospitality,Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $256

MLS Listing ID 4863200

Year Built 1970

Annual Tax Amount $7,565

Tax Year 2021

Lot Size 1.190 Acres

Acres 1.19

Property Description

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.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning comm

Interior

Heating Gas - LP/Bottle

Cooling Central AC

Inclusions Equipment, Land/Building/Business

Equipment Air Conditioner

Exterior

Garage Off-Site, Parking Spaces 21+, Unassigned

Garage Description Off-Site, Parking Spaces 21+, Unassigned

Utilities Available Cable - At Site, Gas - LP/Bottle

Building

Sewer Public


PrimeMLS

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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182 US Route 4