5581 Vt Route 30 North , Pawlet, VT 05761
Pawlet, VT 05761
Description
Established in 1972 from an 1800s barn, this impressive +/-5,000SF Timber frame restaurant has grown into a thriving business and destination. The unique and ideally configured 100+ seat restaurant lends itself beautifully to large or smaller private parties/gatherings with 4 separate dining areas. 1) Main Dining room (36+ seat/1,400SF) with soaring cathedral ceilings, a massive stone fireplace and huge windows looking down the Mettowee Valley. 2) Loft - open to/overlooking the main dining room - (400SF/ 25+ seats) 3) Tavern (30+ seat/850SF) with stone fireplace, performance platform for live music and 4) Seasonal Porch (20+ seat/360SF) accessed from the Tavern with steps to lawn/garden area and views down the Mettowee Valley. The current owners/operators have made many substantial improvements over their 20+ years of ownership. Including but not limited to new heating system(2 new boilers 2021), 5 split unit heat/AC pumps, installed an engineered/state approved septic, kitchen addition (over 600SF kitchen space), w/ 130SF walk-in cooler space, and all updated well maintained equipment. Architecturally&aesthetically pleasing, this "quintessential Vermont Restaurant is truly a magnificent property. And the business is impressive as well with strong figures and continued growth and profitability! In 2019, the Gross revenue was close to $1,000,000 with over 30,000 meals served! And currently, revenue and profitability have both increased since then with fewer operating hours.
Details
| MLS# | 4877774 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 951 |
| Listing Provided By | McChesney RE, Inc. | Scott Mcchesney |
Features
| Basement | Y |
|---|---|
| Zoning | Vill Comm |
| Acreage | 2.00 |
Market Activity 05761
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Learn More About This Property
| State | VT |
|---|---|
| County | VT Rutland |
| City | Pawlet |
| Zip Code | 05761 |
| Area | Rutland |
| Listing VS Median (in 05761) | |
Price: $749,000 low | high Med: $550,000 On Site: 951 low | high Med: 8.000000 | |