Bought with Charles Mauro • Josiah Allen Real Estate, Inc.
$1,450,000
$1,599,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
0.83 Acres Lot
SOLD DATE : 05/16/2022
Key Details
Sold Price $1,450,000
Property Type Commercial
Sub Type Business,Hospitality,Investment,Opportunity,Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4867642
Sold Date 05/16/22
Year Built 1790
Annual Tax Amount $11,400
Tax Year 2021
Lot Size 0.830 Acres
Acres 0.83
Property Description
This is your chance to own a continuously operating tavern and fine dining business for over 231 years! The Ye Olde Tavern property was built in 1790 and has been a hospitality staple in the Manchester, Vermont community ever since. The property consists of the restaurant building, a post and beam barn, several outbuildings, large off street parking lot, and outdoor dining. Permitted for 90 seat dining and with full support kitchen, bar, and extensive storage, staff apartments, and management offices. An unused ballroom exists on the third level. Even though the business has strong positive cash flow for many decades, there is still much more potential for the next owner, including serving lunch, breakfast, catering, and hosting events on the historic site. Come take a look - you'll fall in love!
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning MU1
Rooms
Basement Entrance Interior
Basement Concrete
Interior
Cooling Mini Split
Equipment CO Detector, Dehumidifier, Smoke Detector, Smoke Detectr-Batt Powrd, Smoke Detectr-Hard Wired, Smoke Detectr-HrdWrdw/Bat, Sprinkler System, Air Conditioner
Exterior
Exterior Feature Clapboard
Garage Off Street
Garage Description Off Street
Utilities Available Cable
Waterfront No
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Slate
Building
Lot Description Level
Foundation Stone
Sewer Public
Water Public
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