Price Change! reduced by $50,000 on June 24th 2021 $925,000 | $257 per sq.ft.
Commercial Property, 182 US Route 4 Rutland Town VT | Space type Business w/ Real Estate,Food Service,Free Standing Building Johnny boys pancake house subdivision, MLS# 4863200
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DESCRIPTION
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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.
Building Type : Business | Hospitality | Retail
Disability Features : Access Parking
Equipment : Air Conditioner
Misc : Furniture Included | Public Restrooms | In-Unit Bathroom
Sale Includes : Equipment | Land/Building/Business Price per SQFT | 256.94 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0
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FEATURES AND DETAILS
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CONSTRUCTION: Block Exterior | Brick Exterior | Price Per SQ.FT. 256.94 | Year Built: 1970 No. of Units-| 1 Building Size | 3600 Available SQFT | 3600
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Building Type: Business | Hospitality | Retail Garage And Parking: Off-Site | Parking Spaces 21+ | Unassigned Road Frontage: 100 Heating: Baseboard | Propane Cooling: Central AC Electric: 200 Amp Utilities: Cable - At Site | Gas - LP/Bottle No. of Docks | 0. No. of Drive Doors | 3600.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 1.19 acres Zoned: comm Road Frontage: 100
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Transport Info: Public Transportation | State Highway | Paved Taxes $7,565 | Assesed Value $0 in |
15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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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 November 23rd, 2024
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PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents. Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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