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8 Read Farm RoadDorset, VT 05253Price: $1,795,000

  • Price: $1,795,000
  • 32 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* 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.
  • $1,795,000List Price
  • 2.5Acreage

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Listed by Kim Morgan-Wohler and Britt Wohler of Wohler Realty Group
Ideal for Expansion, this renown restaurant & grounds are perfect for a microbrewery or wedding venue.Based upon a 2023 Appraisal, $1,795,000 is a well substantiated price for investment. here is significant upside revenue potential beyond the 4 nights of dinner service per week that already yields a 7-figure annual income. Indoor seating for 96 guests provides dinner service from 130-170 nightly, w/a state-of-the-art kitchen & new equipment. Historic barn w/beamed ceilings & sophisticated bronze chandeliers create a warm and functional setting. A well apportioned full-service bar comfortably seats up to12 guests, w/ additional table seating for 16.A second bar is perfectly designed to open to the outdoors and grounds. Offering includes a 3000SF residence/staff housing. Many improvements to the surroundings /grounds have been completed that secure the property through all kinds of weather. Along the busy 7A corridor, the location has steady summer tourism & proximity to a multitude of ski resorts. Southern Vermont is a summer and winter destination w/The Dorset Horse Show, Professional Summer Theatre and Music Festivals. The Wedding Business is strong. Looking to create your own vision for a restaurant or hospitality business? You'll have what it takes to be successful. Whether you seek to offer a wedding /event venue, partner w/a micro-brewery, expand to brunch/summer lunch with outdoor patio /bar or reinvent the existing restaurant offering, the opportunity is Prime!

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Copyright 2023 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 June 4, 2023 11:09 AM EDT

 

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