Peavine Restaurant Stockbridge Vermont Real Estate for Sale | Bean Group VT Real Estate

Peavine Restaurant Stockbridge, VT - Real Estate for Sale

 
$195,000  
1.7 acres
Popular 100-seat Restaurant & Pub with distinctive 3,350 sq. ft. bldg on 1.7 acres* with 385 ft frontage on VT Route 107 and 628 ft frontage on the White River. Paved parking for 48 cars. Sale includes attractive furnishings and equipment. Tax returns available to qualified buyers submitting a signed Buyers Confidentiality & Qualification Statement. Returns show business recently grossed over $700k in each of 4 consecutive yrs. Seller financing to Qualified buyer with $95k down. Named after the historic Peavine Railroad. Zoning: A pre-existing commercial use in a Rural Residential Zone, subject to Act 250 Permit #3W0196-1-4. On-site water & wastewater systems. *Note: the price of $195,000 is "AS-IS, WHERE-IS", reduced from $399,500 after Irene washed away some of the river bank. Bldgs and patio not flooded. Excavator to provide a quote to restore river bank to pre-flood state. Attached photos pre-date Irene damage.


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Copyright 2010 MLS Property Information Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. Last updated 05/28/12

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