Commercial for Sale: 182 US Route 4, Rutland Town, VT 05701

$925,000
$925,000
182 US Route 4, Rutland Town, VT 05701
$925,000
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Price:
$925,000
$50,000 - 06/24/2021

Type Commercial
Lot Size 1.19 acres
Year Built 1970
Taxes Paid $7,565

City Rutland Town
County Rutland

MLS 4863200
Status Active
DOM 1,199 days
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.

Lot & Building Features

Utilities Cable - At Site, Gas - LP/Bottle
Construction Block Exterior, Brick Exterior
Cooling Central AC
Heat Source Gas - LP/Bottle
Heating Baseboard
Parking Description Off-Site, Unassigned, Parking Spaces 21+
Sewer Public
Tax Year 2021
Taxes Paid $7,565
Water Public
Lot Description Interior Lot, Neighbor Business

Price History of 182 US Route 4, Rutland Town, VT

Date Name Price Difference
06/24/2021 Price Adjustment $925,000 5.13%
05/27/2021 Listing Price $975,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 182 US Route 4, Rutland Town, VT

Location Map Street View
Photo of Terri Fraser
Terri Fraser
Associate Broker
Direct: 603-380-4809
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x12
Listed by Hospitality Consultants, LLC, Dick Palmer
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0.81783783783784%
6.75%
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182 US Route 4 (MLS #4863200) is a commercial listing located in Rutland Town, VT. This commercial listing is on a lot of 51,836 sqft (or 1.19 acres) and is 54 years old. This property was listed on 05/27/2021 and has been priced for sale at $925,000.

Nearby zip codes are 05701 3203, 05736, 05759, 05763 and 05765 9710. This property neighbors other cities such as Chittenden, Clarendon, Mendon, Pittsford and Rutland City.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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

Listing information courtesy of: Hospitality Consultants, LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/07/2024