19 SOUTH MAIN STREET Wilmington, VT 05363 | Commercial Sale | Business, Hospitality, Multi-Family

$375,000

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5237 sqft.
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Evergreen Realty of Vermont

Description

Well, we're getting through the 2020-21 Ski Season 'all-right', but it's time to plan for 'post-Covid- economy & 2021-2 Ski Season, right? Need a few months to get rolling, earn reputation/'locals' market respect. BE READY FOR FALL 2021! If nothing changes re: social distancing, square footage is KEY to great ROI (besides takeout!) & there's plenty here, inside AND out. And how's this: owner will consider financing 50% with your good credit & business experience. Incredible opportunity to operate a totally outfitted, totally renovated & 'ready to go' restaurant in busy Wilmington, VT. Two buildings were joined to create this amazing space. Seating for 75, plus the bar & a dozen on the deck overlooking the river! Business is ready to open with every pot/pan/appliance/plate/glass/etc. Fully outfitted kitchen + two wood fired pizza ovens, with a dedicated 'dough/crust creation room'. Basement features an office; large walk-in fridge & plenty of easily accessible storage, from inside & outside the building. Everything is provided to re-open this well designed, quality built-out & furnished business. The property also has the following apartments: a one bedroom/one bath; three bedroom/two bath; three bedroom/one bath & an additional 'loft apartment' that needs rehab but could easily bring in another 10-12K net per year. The res rentals CARRY the vig for the property: can't make it any easier!

Property Details

List Price $450,000 Sold Price $375,000 List Date 2019-11-17 Sold Date 2021-02-10 MLS ID 4785681 Status Closed Property Type Commercial Sale Business Type Business, Hospitality, Multi-Family County VT-Windham Days on Market 445

structure

accessibility features Access Parking, Accessibility Features, Grab Bars in Bathroom basement Yes Total Baths 0 building area total 5237.0 building area units Square Feet building name Scalia's cooling Central AC Features Exterior Business Type Business, Hospitality, Multi-Family heating Hot Air living area 5237.0 living area source Other living area units Square Feet Parking Features Off-Site, Off Street, On Street stories 3 year built 1820

characteristics

current use Business w/ Real Estate, Free Standing Building Acres 0 lot size area 0.31 Lot SqFt 13504.0 # of Units 4

tax

tax annual amount 10135.34 tax year 2018 zoning Mixed

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 3 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/19/2024 1:20:17 AM (UTC)