List Price: $2,200,000 | $400 per sq.ft. Commercial
Space type Business w/ Real Estate,Lodging,Other Tourterelle restaurant, lodging and event center subdivision,   
Date Listed Monday Apr 8, 2024 | MLS# 4990521


Address: 3629 Ethan Allen Highway New Haven VT
Listed by Dick Palmer Hospitality Consultants, LLC
Description:
Very SUCCESSFUL well established Restaurant, WEDDING and EVENT VENUE with 6 Guest rooms all recently remodeled in 2021. Dinner only 5 days a week. Buyer will need between 20%-30% down and will be required to sign a Confidentiality Agreement and supply proof of funds. Price supported by financials and a recent appraisal. The main structure is a 2 story Victorian style house converted to a Restaurant and Inn. The Main building contains 5,506 sq. ft. with the restaurant on the first floor and a huge suite of rooms that include 6 guest room, 4 with private baths on 2 guestrooms share a bath on the 2nd floor. . There is a small basement under this structure that houses the mechanicals. The Event Barn only a few steps from the rear of the restaurant is a one story structure that contains 2,537 sq. ft. of floor space which is used for events. A freestanding Pizza Oven is located adjacent to the Event Barn. The property is 5.2 acres with 360 degree mountain views, pond, relatively flat with lots of available parking. Green Mountains are to the East and the Adirondack Mountains to the West. The property is Zoned: R A 10- Residential. Frontage on the w/side of Rt 7 is 595'. They have been doing 20+/- weddings per year plus other events in addition to a successful restaurant business. Wonderful opportunity for a new owner.
Location : Rural

Building Type : Business | Hospitality

Disability Features : Access Parking | Paved Parking

Misc : Additional Outbuildings | Furniture Included | Living Space Available | Public Restrooms | Showers | Smoke/Heat Detectors | Windows - Glazed

Sale Includes : Additional Buildings | Barn | Equipment | Land/Building/Business | Building

Features
Signage: Adequate
Transport Info: State Highway
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1796
Vinyl Siding
Price Per SQ.FT. 399.56 No. of Units: 2
Building Size : 5506
Available SQFT : 8043
Building Type: Business | Hospitality

ExteriorRoof: Shingle - Asphalt

InteriorBasement: Dirt Floor | Other | Partial | Stairs - Exterior | Unfinished | Exterior Access

Land Information

Lot size: 5.2 acres
Zoned: RA 10 Residential
Surveyed: Yes
SurveyedBy: Robert G. Hodso
Flood Zone: No
Road Frontage: 595
Garage And Parking: On-Site | Parking Spaces 21+ | Paved | Unpaved
Road Frontage: 595
No. of Docks | 0.

UtilitiesHeating: Electric | Heat Pump | Mini Split
Cooling: Mini Split
Utilities: Cable | Telephone At Site
AC % | 100.

Additional Information
Taxes $11,818
Assesed Value Not Reported
Schools

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