Bought with Dick Palmer • Hospitality Consultants, LLC
$185,000
$575,000
67.8%For more information regarding the value of a property, please contact us for a free consultation.
0.87 Acres Lot
SOLD DATE : 12/31/2015
Key Details
Sold Price $185,000
Property Type Commercial
Sub Type Business,Hospitality
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4432088
Sold Date 12/31/15
Construction Status Existing
Year Built 1979
Annual Tax Amount $9,591
Tax Year 2014
Lot Size 0.870 Acres
Acres 0.87
Property Description
One of Killington's Land mark restaurants. Casey's Caboose was developed with a " Railroad Theme". The "Caboose" and a "Plow" car were put in place and a building was built around it. Most importantly, it was an instant success from its inception in 1979 until the original owners sold it in approximately 2010 and had to take it back in 2013. The Gross sales have been very consistent in a range of $900's to $1.1. Many consider Casey's Caboose Killingtons finest restaurant. It has A TREMENDOUS FOLLOWING. This is a fantastic opportunity for a chef/operator to take advantage of the stable history. Since taking back the restaurant the owners have refurbished the interior and added new equipment so it is basically ready to go. Currently closed waiting for new operator.Licensed for 124 seats. There is a prep kitchen in the basement along with offices, lots of refrigeration and freezers and storage space. Possible owner financing to a qualified buyer. A must see for a serious operator.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning comm
Rooms
Basement Entrance Interior
Basement Concrete Floor, Partial, Partially Finished, Storage - Locked, Storage Space
Interior
Heating Electric, Gas - LP/Bottle
Flooring Carpet
Exterior
Exterior Feature Other, Wood Siding
Garage On-Site, Other, Unpaved
Garage Description On-Site, Other, Unpaved
Utilities Available Other
Roof Type Membrane,Metal,Shingle - Asphalt
Building
Foundation Poured Concrete
Sewer Public
Water Private
Construction Status Existing
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