454 Mountain RoadStowe, VT 05672MLS Number 5016679

  • Price: $1,995,000
  • 13 Days on Market
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Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
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  • 16,454Square Feet
  • 1.42Acreage
  • 1960Year Built
  • 2024Tax Year
Rarely Available Restaurant Opportunity Near Stowe Village. Seize this unique chance to own a newly renovated restaurant in a high-traffic location just off Mt. Road, mere minutes from Stowe Village. This prime 2,800 sq. ft. restaurant space, plus an additional 1,000+ sq. ft. of finished basement, provides endless possibilities. The space is fully built out, and the kitchen layout is a seasoned operator's dream-designed for maximum efficiency without sacrificing aesthetics. The well-planned prep area and ample dry storage ensure streamlined service. High ceilings and classic wood beams create a dramatic yet cozy atmosphere inside. The restaurant seats 60 patrons indoors, with an additional 25+ on the sun-filled deck, perfect for outdoor dining. Historical sales have exceeded $900K annually with just breakfast and lunch service periods, proving the strong earning potential of this prime location. There's ample upside potential with adding dinner service and private events. The basement is ideal for storage, prep space, catering preparation, or another complementary business venture. There is ample parking and direct access to the Stowe Rec. Path, sidewalks, and proximity to many hotels. This is a fantastic opportunity to walk into an established operation in a vibrant area! The brand and concept are not a part of the offering.
Listed by Smith Macdonald Group of Coldwell Banker Carlson Real Estate

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IPJ Real Estate
IPJ Real Estate
Office: 802-388-4242
34 Main Street
Middlebury, VT 05753

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Tax Information

  • Tax Year2024

Building

  • Year Built1960
  • NumberOfUnitsInCommunity3
  • FoundationConcrete
  • Square Feet16,454
  • Available Sqft5,877
  • BasementClimate Controlled, Finished, Stairs - Interior, Storage Space, Walkout, Exterior Access

Exterior

  • RoofShingle - Asphalt

Amenities

  • Accessibility AmenitiesAccess Common Use Areas, Access Parking, Access Restrooms, Accessibility Features, Bathroom w/5 Ft. Diameter, Paved Parking
  • PricePerSqFt121.25

Basic Information

  • StatusACT
  • Modification Date10/01/2024
  • TypeBusiness, Hospitality, Investment, Office, Retail
  • List Price$1,995,000
  • Broker NameColdwell Banker Carlson Real Estate
  • Listing Agent NameSmith Macdonald Group
  • Lister Office NameColdwell Banker Carlson Real Estate
  • MLS Number5016679
  • MLS StatusActive

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingHot Air

Water Body

  • Docks1

Other

  • Transport AccessTown Highway, Paved
  • Date Listed10/01/2024
  • View Count2

Location

  • Building Number454
  • StreetMountain Road
  • TownStowe
  • StateVT
  • Zip05672
  • CountyLamoille

Property

  • Acreage1.42
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Commercial Zoning
    • In Town
    • Near Golf Course
    • Near Paths
    • Near Public Transportatn
    • Near Shopping
    • Near Skiing
    • Village
  • Lot Sqft61,855
  • Road Frontage50
  • Traffic Count9300
Broker Reciprocity 

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 October 13, 2024 7:08 PM EDT

 

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