5581 Vermont 30 North RoutePawlet, VT 05761MLS Number 4768922

  • Price: $795,000
  • 296 Days on Market
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Federal 30-year interest rate: 3.24% last updated on May 21, 2020
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5581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 057615581 Vermont 30 North Pawlet VT 05761
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  • 2Acreage
  • 1900Year Built
  • 4,870Square Feet
  • ActiveMLS Status

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Established in 1972 from a once cow barn, this impressive +/-5,000SF Timberframe restaurant has grown into a thriving business and destination. The unique and ideally configured 140+ seat restaurant lends itself beautifully to large and/or smaller private parties/gatherings with 4 separate spaces. 1) Main (60 seat/1,000SF) dining room with soaring cathedral ceilings, a massive stone fireplace and huge windows looking down the Mettowee Valley. 2) Loft (open to main dining room - 400SF/40 seats) 3) 45 seat/1,000SF Tavern with stone fireplace, performance platform for live music and 4)Seasonal 30 seat/360SF porch accessed from tavern with steps to lawn/garden area and views down the Mettowee Valley. The current owners/operators have made many substantial improvements/additions over their 20+ years of ownership. Including but not limited to new heating system + 5 split unit heat/AC pumps, new engineered/state approved septic, kitchen addition (over 600SF kitchen space), 130SF walk-in cooler space, and all new/updated well maintained equipment and fixtures. All in all an architecturally/aesthetically pleasing and mechanically impressive property. The business is impressive with strong figures and continued growth. Grossing close to $1,000,000 and serving over 30,000 meals in the last year - and current first quarter is up in both meals served and gross income by over 15% and in the last 10 years the business/revenue has grown by over 80%!

Listed by Scott Mcchesney of McChesney RE, Inc.

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Basic Information

  • StatusACT
  • Modification Date04/20/2020
  • TypeHospitality
  • List Price$795,000
  • Broker NameMcChesney RE, Inc.
  • Listing Agent NameScott Mcchesney
  • Lister Office NameMcChesney RE, Inc.
  • MLS Number4768922
  • MLS StatusActive

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingHeat Pump, Hot Water

Location

  • Building Number5581
  • StreetVermont 30 North
  • TownPawlet
  • StateVT
  • Zip05761
  • CountyRutland

Property

  • Acreage2
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaIn Town, Village
  • Lot Sqft87,120
  • Road Frontage450

Building

  • Year Built1900
  • ConstructionTimber Frame
  • FoundationPoured Concrete
  • Square Feet4,870
  • Available Sqft4,870
  • BasementFull, Slab, Walkout
  • Garage Spaces

Exterior

  • ExteriorVertical, Wood
  • RoofMetal, Slate

Amenities

  • Accessibility AmenitiesAccess Restrooms, No Stairs from Parking

Other

  • View Count34
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 May 26, 2020.

 

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