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Courtesy of Steven Foster of Kw Vermont-Stowe.

4182 Waterbury Stowe Road

Waterbury, VT 05677
  • $1,250,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 4882924
UPDATED: 11 min ago
$1,250,000
  • 0
    BEDS
  • 4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Michaels on the Hill, an award-winning, landmark restaurant located in the Stowe area for over 20 years, is ready to reinvent itself with a new owner. This highly visible property on Route 100 in Waterbury Center is a meticulously restored and decorated 1820s farmhouse with multiple intimate dining spaces for up to 82 guests. Known for its beauty and its perch "on the hill, this property offering provides everything you need to be a success in the business, including, but not limited to: A recognized and established 20+ years loyal customer base consisting of both local and visiting patrons. The entire existing inventory, including the restaurant which seats 82 comfortably, the grounds (4 acres), furniture, equipment, website, etc. (not included is the wine cellar, which can be negotiated as part of the sale). All intellectual property, from recipes and menu descriptions to staff training and beverage programs, policies, standards, seasonal/daily forecasting/reservation information. Additional expansion opportunities are available through events & catering. Consulting & transition assistance upon request. If food is your passion and owning a restaurant is something youve always wanted to do, Michaels on the Hill is a must-see property.

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© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this 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 2021-12-04T11:05:32.487.
www.thehickeyrealestategroup.com/homes/121496686
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4182 Waterbury Stowe Road Waterbury, VT 05677

  • Price: $1,250,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 11 min ago
  • MLS #: 4882924
0
Beds
0
Baths
0
½ Baths
4
Acres
1900
Built
Neighborhood:
Waterbury
County:
Washington
Area:
Waterbury
Property Description
Michaels on the Hill, an award-winning, landmark restaurant located in the Stowe area for over 20 years, is ready to reinvent itself with a new owner. This highly visible property on Route 100 in Waterbury Center is a meticulously restored and decorated 1820s farmhouse with multiple intimate dining spaces for up to 82 guests. Known for its beauty and its perch "on the hill, this property offering provides everything you need to be a success in the business, including, but not limited to: A recognized and established 20+ years loyal customer base consisting of both local and visiting patrons. The entire existing inventory, including the restaurant which seats 82 comfortably, the grounds (4 acres), furniture, equipment, website, etc. (not included is the wine cellar, which can be negotiated as part of the sale). All intellectual property, from recipes and menu descriptions to staff training and beverage programs, policies, standards, seasonal/daily forecasting/reservation information. Additional expansion opportunities are available through events & catering. Consulting & transition assistance upon request. If food is your passion and owning a restaurant is something youve always wanted to do, Michaels on the Hill is a must-see property.
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Lot Description LandscapedMountain View Parking On StreetParking Spaces 21+Paved Road Frontage Yes Road Frontage Length 370 Roof MetalShingle - Asphalt

Interior Features

Air Conditioning Percentage 80 Basement Yes Basement Access Type Interior Basement Description Partially Finished Cooling Mini Split Foundation Concrete Heating Heat PumpHot Air Sq Ft Total Building 4377

Property Features

Accessibility Features Accessibility Features Assessment Amount 422000 Assessment Year 2008 Commercial Features Furniture Included Electric 200 Amp Heat Fuel Oil Items Excluded Current FoodWine And Liquor inventory Can Be Purchased Outside Of Sale. Pre Construction No Project Building Name Michaels On The Hill Sale Includes EquipmentLand/Building/Business Sewer 1500+ GallonLeach Field - On-Site Span Number 696-221-11924 Sub Property Type Hospitality Sub Property Type Use Food Service Surveyed Unknown Tax Gross Amount 9619.9 Tax Year 2021 Taxes Tbd No Traffic Count 15000 Utilities Cable - At SiteGas - On-Site Water Drilled Well Zoning Rt-100

Courtesy of Steven Foster of Kw Vermont-Stowe.


© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this 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 2021-12-04T11:05:32.487.
 
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The Hickey Real Estate Group | Keller Williams Vermont
1056 Mountain Rd.
Stowe VT, 05672