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    4182 Waterbury Stowe Road

    Waterbury, VT 05677
    • $1,250,000
    • STATUS: Active
    • ON SITE: 486 days
    • MLS #: 4760190
    UPDATED: 54 min ago
    $1,250,000
    • 0
      BEDS
    • 4.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $298
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1820
    County:
    Area:

    School Ratings & Info

    Courtesy of Dick Palmer of Hospitality Consultants, Llc.

    Description

    One of the most successful operating restaurants in the Stowe/Waterbury area, located 5 minutes from Stowe and I-89. Michael's on the Hill is the only fine dining restaurant in the area. A new buyer is not bound to this type venue. The circa 1820 farmhouse was first converted to a restaurant in approximately 1983 as the Villa Tragara restaurant. Michael and Laura purchased the property in 2002 and have made extensive renovations and upgrades. Beside having an excellent location, Michael's offers a beautifully refurbished, 1820 barn which provides for additional seating and a venue for functions up to 76 patrons. In warmer weather the patio offers seating. The porch, barn and the patio offer beautiful views of the Green Mountains and sunsets. The property has been well maintained inside and out. There are many possibilities for expansion on this 4.2 acre site with views. Recently paved driveway adds to the curb appeal of the property. It is important to note that the financial numbers support the price. We are happy to share a very complete brochure to qualified buyers. Sellers request buyers to sign a confidentiality agreement and provide financial information to prove their ability to purchase before we can release their financial information which are in the brochure. Banks today require a minimum of 20% down.

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    © Copyright 2020 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 2020-10-20T15:08:32.177.
    www.livingvermont.com/homes/96160232
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    4182 Waterbury Stowe Road Waterbury, VT 05677

    • Price: $1,250,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 4760190
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.2
    Acres
    4,200
    SQFT
    $298
    $/SQFT
    1820
    Built
    Neighborhood:
    Waterbury
    County:
    Washington
    Area:
    Waterbury
    Property Description
    One of the most successful operating restaurants in the Stowe/Waterbury area, located 5 minutes from Stowe and I-89. Michael's on the Hill is the only fine dining restaurant in the area. A new buyer is not bound to this type venue. The circa 1820 farmhouse was first converted to a restaurant in approximately 1983 as the Villa Tragara restaurant. Michael and Laura purchased the property in 2002 and have made extensive renovations and upgrades. Beside having an excellent location, Michael's offers a beautifully refurbished, 1820 barn which provides for additional seating and a venue for functions up to 76 patrons. In warmer weather the patio offers seating. The porch, barn and the patio offer beautiful views of the Green Mountains and sunsets. The property has been well maintained inside and out. There are many possibilities for expansion on this 4.2 acre site with views. Recently paved driveway adds to the curb appeal of the property. It is important to note that the financial numbers support the price. We are happy to share a very complete brochure to qualified buyers. Sellers request buyers to sign a confidentiality agreement and provide financial information to prove their ability to purchase before we can release their financial information which are in the brochure. Banks today require a minimum of 20% down.
    Exterior Features

    Construction Post And BeamWood Frame Exterior ClapboardWood Lot Description Country SettingInterior LotLandscapedRollingSlopingViewWooded Parking On-SiteParking Spaces 21+Unpaved Road Frontage Yes Road Frontage Length 300 Roof MetalShingle - Asphalt Transport Access State HighwayPaved

    Interior Features

    Air Conditioning Percentage 80 Basement Yes Basement Access Type Interior Basement Description ConcreteConcrete FloorGravelPartialStairs - InteriorStorage - LockedStorage SpaceWalkoutInterior AccessExterior Access Cooling Central AcMini Split Equipment DehumidifierSmoke DetectorAir Conditioner Foundation ConcreteFieldstoneStone Heating Forced AirMini Split Sq Ft Total Building 4200 Sq Ft Total Source Measured

    Property Features

    Accessibility Features 3 Ft. DoorsAccess Common Use AreasAccess ParkingZero-Step Entry Ramp Cable Company Comcast Commercial Features Furniture IncludedPhone SystemPublic RestroomsWindows - Glazed Covenants Unknown Electric 200 Amp Electric Company Greeen Mountain Power Flood Zone No Heat Fuel ElectricGas - Lp/BottleOil Investment Info Yes Items Excluded Only Personal item. Sellers Will Provide A List To A Contract Purchaser Natural Gas Available No Phone Company Comcast Pre Construction No Project Building Name Michael's On The HillRestaurant Sale Includes BarnLand/Building/BusinessBuilding Seasonal No Sewer Leach FieldLeach Field - On-SiteReplacement Field-OnsiteSeptic Span Number 696-221-11924 Sub Property Type Hospitality Sub Property Type Use Food Service Tax Gross Amount 8663.66 Tax Year 2018 Taxes Tbd No Utilities Cable - At SiteGas - Lp/BottleTelephone At Site Water CisternDrilled WellPurifier/Soft Zoning Rt 100 Zone

    Courtesy of Dick Palmer of Hospitality Consultants, Llc.


    © Copyright 2020 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 2020-10-20T15:08:32.177.
     
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    RE/MAX North Professionals
    875 Roosevelt Highway
    Colchester VT, 05446
    Courtesy of Dick Palmer of Hospitality Consultants, Llc.