Pawlet, VT 05761,5581 VT Route 30 North
Pawlet, VT 05761,5581 VT Route 30 North
Pawlet, VT 05761,5581 VT Route 30 North
Pawlet, VT 05761,5581 VT Route 30 North
Pawlet, VT 05761,5581 VT Route 30 North
Pawlet, VT 05761,5581 VT Route 30 North
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Listed by Scott Mcchesney • McChesney RE, Inc.
Bought with Scott Mcchesney • McChesney RE, Inc.

$650,000

$749,000

13.2%
Est.Price: ?

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Est. payment /mo

5,000 SqFt


SOLD DATE : 07/24/2023

Key Details

Sold Price $650,000

Property Type Commercial

Sub Type Hospitality

Listing Status Sold

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $130

MLS Listing ID 4877774

Sold Date 07/24/23

Year Built 1900

Annual Tax Amount $5,253

Tax Year 2021

Lot Size 2.000 Acres

Acres 2.0

Property Description

Established in 1972 from an 1800’s 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.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Vill Comm

Rooms

Basement Entrance Walkout

Basement Concrete, Concrete Floor, Full, Insulated, Partial, Slab, Storage Space, Unfinished, Walkout, Exterior Access

Interior

Heating Gas - LP/Bottle

Cooling Mini Split

Exterior

Exterior Feature Vertical, Wood

Garage Driveway, Off Street, On-Site, Parking Spaces 21+, Unpaved

Garage Description Driveway, Off Street, On-Site, Parking Spaces 21+, Unpaved

Utilities Available Gas - LP/Bottle, High Speed Intrnt -AtSite, Internet - Fiber Optic

Roof Type Metal,Slate

Building

Lot Description Country Setting, Level, Major Road Frontage, Mountain View, Open, Slight, View

Foundation Poured Concrete, Slab - Concrete

Sewer Leach Field, Leach Field - On-Site, On-Site Septic Exists, Septic Design Available, Septic

Water Drilled Well

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Brownfield, ME, 04010, United States

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