90 The Common Route Chester, VT 05143

$625,000
90 The Common Route, Chester, VT 05143
Call 1-800-839-1363
4625158
Broker: Hospitality Consultants, LLC

Commercial Property for sale in Chester, VT

for $625,000. This 3,777 square foot building was built in 1880 on a lot size of 0.16 Acre(s).

Property Information

  • $625,000
  • Commercial
  • 3,777 Square Feet
  • Taxes are $9,455
  • Investment
  • Active
  • Lot size of 0.16 Acre(s)
  • Built in 1880
  • Chester, VT
  • Windsor County
  • MLS/Web ID is 4625158
  • Listing Agent is Dick Palmer

Description

Fabulous opportunity for an Investor or a Chef Owner to step into a very successful operating restaurant business located on one of Vermont’s most photographed Town Greens."The Free Range Restaurant"speaks for its self. Just look at the reviews posted on Trip Adviser. The current owners are an entrepreneurial couple who were never in the restaurant business. But after spending their career in the corporate world and retiring decided to follow their passion of food and wine. To that extent they purchased a neglected Victorian Home on the Green in Chester, Vermont, once the location of another successful restaurant, remodeled it with love and care, hired a wonderful Chef and great staff and that is the beginning. They have some other things that they would like to accomplish and have decided it is time for them to offer their bounty of success with "The Free Range Restaurant" to the next operator.They have an outstanding staff in place who have aided in the success of the business and this affords a new owner the opportunity to hit the ground running. There is plenty of upside to the business should a new owner decide to be open for lunch and holidays. 2nd floor apt. could possibly be owners quarters. It consists of 2 bedrooms, remodeled bath & kitchen, family room w/propane fireplace & laundry room, possible 3rd BR on 3rd fl. must meet fire code. NOT utilized presently. Sellers will entertain owner financing to a qualified buyer with 30% down

Interior 4

Basement

  • Basement
  • Concrete Basement
  • Full Basement
  • Other
  • Storage
  • Sump Pump in Basement

Heating System

  • Forced Air

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 6

Construction

  • Wood Frame

Lot Description

  • Level/Flat

Parking

  • On Street Parking

Road Frontage

  • Other
  • Paved
  • State Highway

Roof

  • Slate

Siding

  • Clapboard
  • Combination
  • Shingle Exterior
  • Wood Exterior

Miscellaneous 2

Commercial

  • 200 AMP Electric
  • Living Space Available
  • Restroom(s)

Utilities

  • Bottled Gas

† Excluded Feature

Listed By

Listing Agent: Dick Palmer
Broker: HOSPITALITY CONSULTANTS, LLC

90 The Common Route, Chester, VT, 05143 is a Commercial Property for sale at $625,000 with 3,777 sqft and a lot size of 0.16 Acre(s). 90 The Common Route was built in 1880. The property's zip code is 05143 which is in Chester, VT

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Market Pricing

Average % of sale price Median % of sale price
All listings in Chester $282,632 55 % below $219,000 65 % below
Commerical listings in Chester $299,629 52 % below $289,500 54 % below

Get the facts about Chester, VT!

Population 3,219
Population Growth (since 2000) 6 %
Median Income $51,400
Median Age 48.74
Households w/ Children 24 %

Residential Dwellings

  • Owned 1060
  • Vacant 345
  • Rented 370

Similar Listings

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