List Price: $1,599,000 | $362 per sq.ft. Commercial
Space type Food Service,Other
Date Listed Friday Aug 5, 2022 | MLS# 4924436
Space type Food Service,Other
Date Listed Friday Aug 5, 2022 | MLS# 4924436
To see this Listing
Address: 1844 Depot Street Manchester VT
Listed by Paul William Carroccio TPW Real Estate
Description:
Welcome to an exceptional offering. An established restaurant business combined with valuable real estate in a prime location. This is a rare opportunity for entrepreneurs, investors, or hospitality professionals seeking a turnkey operation with the added advantage of property ownership. The restaurant, known as The Raven's Den Steakhouse, has been operating successfully for 10+ years and has become a beloved dining destination in Manchester, VT. With a loyal customer base and a reputation for culinary excellence, this establishment is poised for continued success under new ownership. Situated in a highly desirable area, this property offers not only a thriving business but also valuable real estate. The strategically located premises ensure maximum exposure and accessibility. The restaurant features a thoughtfully designed interior, creating an inviting atmosphere for guests. The sale includes all the necessary equipment, fixtures, and furnishings, enabling a seamless transition for the new owner. The real estate includes a newly renovated 1-bedroom apartment. The restaurant has a track record of consistent profitability and strong financial performance. Financial records will be made available to serious buyers upon request. The restaurant operates with a dedicated team of experienced chefs, skilled staff, and efficient management personnel committed to the restaurant's success. Seller financing available.
Building Type : Hospitality
Sale Includes : Land/Building | Outbuilding
Listed by Paul William Carroccio TPW Real Estate
Description:
Welcome to an exceptional offering. An established restaurant business combined with valuable real estate in a prime location. This is a rare opportunity for entrepreneurs, investors, or hospitality professionals seeking a turnkey operation with the added advantage of property ownership. The restaurant, known as The Raven's Den Steakhouse, has been operating successfully for 10+ years and has become a beloved dining destination in Manchester, VT. With a loyal customer base and a reputation for culinary excellence, this establishment is poised for continued success under new ownership. Situated in a highly desirable area, this property offers not only a thriving business but also valuable real estate. The strategically located premises ensure maximum exposure and accessibility. The restaurant features a thoughtfully designed interior, creating an inviting atmosphere for guests. The sale includes all the necessary equipment, fixtures, and furnishings, enabling a seamless transition for the new owner. The real estate includes a newly renovated 1-bedroom apartment. The restaurant has a track record of consistent profitability and strong financial performance. Financial records will be made available to serious buyers upon request. The restaurant operates with a dedicated team of experienced chefs, skilled staff, and efficient management personnel committed to the restaurant's success. Seller financing available.
Building Type : Hospitality
Sale Includes : Land/Building | Outbuilding
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1994
Wood Frame | Vinyl Siding
Price Per SQ.FT. 362.34 No. of Units: 0
Building Size : 4413
Building Type: Hospitality
Year Built: 1994
Wood Frame | Vinyl Siding
Price Per SQ.FT. 362.34 No. of Units: 0
Building Size : 4413
Building Type: Hospitality
ExteriorRoof: Metal | Shingle - Asphalt
InteriorBasement: Climate Controlled | Concrete Floor | Other | Partial | Storage - Locked | Storage Space
Land Information
Lot size: 1.1 acres
Zoned: Mixed Use
Road Frontage: 536
Garage And Parking: On-Site | Parking Spaces 21+ | Paved
Road Frontage: 536
No. of Docks | 0.
UtilitiesHeating: Baseboard | Heat Pump | Hot Water
Cooling: Central AC
Utilities: Cable
AC % | 0.
Additional Information
Taxes $12,645
Assesed Value Not Reported
Taxes $12,645
Assesed Value Not Reported
Schools
