Waterbury, VT | 4182 Waterbury Stowe Road

$1,250,000
MLS#: 4760190
4.20
Acres
300
Road Frontage
4,200
SQ. Feet
$8,664
Taxes
1 of 20

General Property Information

Price:
$1,250,000
Property Status:
Active
County:
VT-Washington
Agency/Brokerage:
Dick Palmer
Hospitality Consultants, LLC

One of the most successful operating restaurants in the Stowe/Waterbury area, located 5 minutes from Stowe and I-89. Michael's on the Hill is the only fine dining restaurant in the area. A new buyer is not bound to this type venue. The circa 1820 farmhouse was first converted to a restaurant in approximately 1983 as the Villa Tragara restaurant. Michael and Laura purchased the property in 2002 and have made extensive renovations and upgrades. Beside having an excellent location, Michael's offers a beautifully refurbished, 1820 barn which provides for additional seating and a venue for functions up to 76 patrons. In warmer weather the patio offers seating. The porch, barn and the patio offer beautiful views of the Green Mountains and sunsets. The property has been well maintained inside and out. There are many possibilities for expansion on this 4.2 acre site with views. Recently paved driveway adds to the curb appeal of the property. It is important to note that the financial numbers support the price. We are happy to share a very complete brochure to qualified buyers. Sellers request buyers to sign a confidentiality agreement and provide financial information to prove their ability to purchase before we can release their financial information which are in the brochure. Banks today require a minimum of 20% down.

Property Features

Year Built:
1820
# of Stories:
Road Frontage:
300
Zoning:
RT 100 Zone
Acres:
4.20
Total Sq ft:
4200
# of units:
Parking:
On-Site,Parking Spaces 21+,Unpaved
Basement:
Concrete,Concrete Floor,Gravel,Partial,Stairs - Interior,Storage - Locked,Storage Space,Walkout,Interior Access,Exterior Access
Location:
Exterior Features:
Clapboard,Wood
Sales Includes:
Barn,Land/Building/Business,Building
Roof Style:
Metal,Shingle - Asphalt
Type:
Food Service
Misc:
Furniture Included,Phone System,Public Restrooms,Windows - Glazed
Foundation:
Concrete,Fieldstone,Stone
Fuel:
Heating & Cooling:
Forced Air,Mini Split
Floors:
Financing:

Other Information

List Date:
2019-06-21
Last Updated:

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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