451 VT Route 12Northfield, VT 05664MLS Number 4868731

  • Sale Price: $312,500
  • 137 Days Since Sale
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
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  • 1Acreage
  • 8821Year Built
  • 9,069Square Feet
Heney Realtors, Montpelier Office
Heney Realtors, Montpelier Office
Office: 802-229-0345
15 East State Street
Montpelier, VT 05602
Listed by Brian Armstrong and Michael Albertson of KW Vermont

Listing Sold by KW Vermont
MONEY, MONEY, MONEY! Money and location, that's what it's all about and this property has it all. A local landmark and gathering spot, the 125 seat Rustic Restaurant and Sports Bar is a popular and profitable bar/restaurant and billiards room serving the Northfield community, the University of Norwich and surrounding towns with a consistent customer base established over 56 family owned years. Plus, the property includes 6 long-term rental units above and an “owner's suite.” Restaurant, bar, and billiards equipment included in sale. Plus, you get an additional 7 unit multi-family rental property next door (MLS#4868703). The owner's intent is to sell both properties together. The listed price is for both properties conveying as a package. A rare opportunity to pick up TWO operating, income producing properties just two miles from Norwich University, 10 miles from the state capital and 15 miles to the only known floating bridge in North American.

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More Info

Basic Information

  • StatusSLD
  • Modification Date04/05/2022
  • TypeHospitality, Land, Multi-Family, Other
  • List Price$638,000
  • Broker NameKW Vermont
  • Listing Agent NameBrian Armstrong
  • Lister Office NameKW Vermont
  • Seller Office NameKW Vermont
  • Selling Agent NameBrian Armstrong
  • MLS Number4868731
  • MLS StatusClosed

Other

  • View Count310

Location

  • Building Number451
  • StreetVT Route 12
  • TownNorthfield
  • StateVT
  • Zip05664
  • CountyWashington

Property

  • Acreage1
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaRural
  • Lot Sqft43,560
  • Road Frontage330

Utilities

  • FuelOil, Wood
  • Heating CoolingForced Air, Hot Air, Stove - Wood

Building

  • Year Built8821
  • ConstructionWood Frame
  • NumberOfUnitsInCommunity3
  • FoundationConcrete, Gravel/Pad, Stone
  • Square Feet9,069
  • Available Sqft6,716
  • BasementConcrete, Dirt Floor, Partial
  • Garage Spaces

Exterior

  • ExteriorClapboard, Log Siding, T1-11
  • RoofMembrane, Metal, Shingle - Asphalt, Standing Seam

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 August 18, 2022 1:14 PM EDT.

 

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