Real Estate Property Details | MLS #4118490

3657 Route 107, Stockbridge VT 05772 $195,000

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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.
Property Essentials
MLS#: 4118490
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Lot Size: 1.70 acres
Taxes: $7,882
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Year Built: 1974
Road Frontage: 385
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Zoning: Rural Res
School Information
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Listed by Ray Ault of Ault Commercial Realty, Inc.
Additional Property Features & Characteristics
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Copyright 2012 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This display of listings may or may not be the entire Compilation from the NNEREN® database, and NNEREN® does not guarantee the accuracy of such information. IDX data last updated on 05/30/12.


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