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Courtesy of Scott Mcchesney of Mcchesney Re, Inc..

5581 Vt Route 30 North

Pawlet, VT 05761
  • $795,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 4877774
UPDATED: 236 min ago
$795,000
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $159
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Established in 1972 from an 1800s barn, this impressive +/-5,000SF Timber frame restaurant has grown into a thriving business and destination. The unique and ideally configured 100+ seat restaurant lends itself beautifully to large or smaller private parties/gatherings with 4 separate dining areas. 1) Main Dining room (36+ seat/1,400SF) with soaring cathedral ceilings, a massive stone fireplace and huge windows looking down the Mettowee Valley. 2) Loft - open to/overlooking the main dining room - (400SF/ 25+ seats) 3) Tavern (30+ seat/850SF) with stone fireplace, performance platform for live music and 4) Seasonal Porch (20+ seat/360SF) accessed from the Tavern with steps to lawn/garden area and views down the Mettowee Valley. The current owners/operators have made many substantial improvements over their 20+ years of ownership. Including but not limited to new heating system(2 new boilers 2021), 5 split unit heat/AC pumps, installed an engineered/state approved septic, kitchen addition (over 600SF kitchen space), w/ 130SF walk-in cooler space, and all updated well maintained equipment. Architecturally&aesthetically pleasing, this "quintessential Vermont Restaurant is truly a magnificent property. And the business is impressive as well with strong figures and continued growth and profitability! In 2019, the Gross revenue was close to $1,000,000 with over 30,000 meals served! And currently, revenue and profitability have both increased since then with fewer operating hours.

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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 2021-11-28T00:05:25.5.
www.thehickeyrealestategroup.com/homes/120509752
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5581 Vt Route 30 North Pawlet, VT 05761

  • Price: $795,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 236 min ago
  • MLS #: 4877774
0
Beds
0
Baths
0
½ Baths
2
Acres
5,000
SQFT
$159
$/SQFT
1900
Built
Neighborhood:
Pawlet
County:
Rutland
Area:
Pawlet
Property Description
Established in 1972 from an 1800s barn, this impressive +/-5,000SF Timber frame restaurant has grown into a thriving business and destination. The unique and ideally configured 100+ seat restaurant lends itself beautifully to large or smaller private parties/gatherings with 4 separate dining areas. 1) Main Dining room (36+ seat/1,400SF) with soaring cathedral ceilings, a massive stone fireplace and huge windows looking down the Mettowee Valley. 2) Loft - open to/overlooking the main dining room - (400SF/ 25+ seats) 3) Tavern (30+ seat/850SF) with stone fireplace, performance platform for live music and 4) Seasonal Porch (20+ seat/360SF) accessed from the Tavern with steps to lawn/garden area and views down the Mettowee Valley. The current owners/operators have made many substantial improvements over their 20+ years of ownership. Including but not limited to new heating system(2 new boilers 2021), 5 split unit heat/AC pumps, installed an engineered/state approved septic, kitchen addition (over 600SF kitchen space), w/ 130SF walk-in cooler space, and all updated well maintained equipment. Architecturally&aesthetically pleasing, this "quintessential Vermont Restaurant is truly a magnificent property. And the business is impressive as well with strong figures and continued growth and profitability! In 2019, the Gross revenue was close to $1,000,000 with over 30,000 meals served! And currently, revenue and profitability have both increased since then with fewer operating hours.
Exterior Features

Construction Timber Frame Exterior VerticalWood Lot Description Country SettingLevelMajor Road FrontageMountain ViewOpenSlightView Parking DrivewayOff StreetOn-SiteParking Spaces 21+Unpaved Road Frontage Yes Road Frontage Length 450 Roof MetalSlate

Interior Features

Air Conditioning Percentage 100 Basement Yes Basement Access Type Walkout Basement Description ConcreteConcrete FloorFullInsulatedPartialSlabStorage SpaceUnfinishedWalkoutExterior Access Cooling Mini Split Foundation Poured ConcreteSlab - Concrete Green Energy Efficient Water Heater Heating Hot WaterMulti ZoneRadiatorStove - GasMini Split Sq Ft Total Building 5000 Sq Ft Total Source Public Records

Property Features

Accessibility Features No Stairs From Parking Commercial Features Furniture IncludedOtherPhone SystemPublic RestroomsSmoke/Heat DetectorsWindows - Glazed Covenants No Electric Circuit Breaker(S) Flood Zone No Fuel Company Haskins Gas Green Energy Generation Solar Heat Fuel Gas - Lp/Bottle Items Excluded Some Art Work Not Owned By Owners As Well As Some Personal items Phone Company Vtel Pre Construction No Sale Includes EquipmentLand/Building/Business Sewer Leach FieldLeach Field - On-SiteOn-Site Septic ExistsSeptic Design AvailableSeptic Span Number 465-147-10481 Sub Property Type Hospitality Sub Property Type Use Business OnlyFood Service Surveyed Yes Tax Gross Amount 5253.3 Tax Year 2021 Taxes Tbd No Traffic Count 2393 Utilities Gas - Lp/BottleHigh Speed Intrnt -AtsiteInternet - Fiber Optic Water Drilled Well Zoning Vill Comm

Courtesy of Scott Mcchesney of Mcchesney Re, Inc..


© 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 2021-11-28T00:05:25.5.
 
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