1844 Depot StreetManchester, VT 05255MLS Number 4924436

  • Price: $1,599,000
  • 615 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1.1Acreage
  • 1994Year Built
  • 4,413Square Feet
  • 2022Tax Year

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Listed by Paul William Carroccio and Marek Kovac of TPW Real Estate
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.

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Tax Information

  • Tax Year2022

Building

  • Year Built1994
  • ConstructionWood Frame
  • FoundationPoured Concrete
  • Square Feet4,413
  • BasementClimate Controlled, Concrete Floor, Other, Partial, Storage - Locked, Storage Space

Exterior

  • ExteriorVinyl Siding
  • RoofMetal, Shingle - Asphalt

Amenities

  • PricePerSqFt362.34

Other

  • Date Listed08/08/2022
  • View Count63

Basic Information

  • StatusACT
  • Modification Date05/23/2023
  • TypeHospitality
  • List Price$1,599,000
  • Broker NameTPW Real Estate
  • Listing Agent NamePaul William Carroccio
  • Lister Office NameTPW Real Estate
  • MLS Number4924436
  • MLS StatusActive

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingBaseboard, Heat Pump, Hot Water

Location

  • Building Number1844
  • StreetDepot Street
  • TownManchester
  • StateVT
  • Zip05255
  • CountyBennington
  • Map39

Property

  • Acreage1.1
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft47,916
  • Road Frontage536
Mary Mitchell Miller Real Estate
Mary Mitchell Miller Real Estate
620 Main Street
PO Box 8
Weston, VT 05161
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 April 13, 2024 10:23 PM EDT

 

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