Waterfront
Listing Provided Courtesy Of:
Brian Armstrong with KW Vermont.
Address
451 VT Route 12 Northfield, VT
Price
$ 638,000
Property Attributes
  • MLS#4868731
  • TypeCommercial
  • CountyWASHINGTON
  • CityNorthfield
  • AreaWashington
  • NeighborhoodDog River
  • Zip05664
  • StyleHospitality,Land,Multi-Family
  • Taxes$ 9119
  • Price$ 638,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9069
  • Lot Size1 Acres
Listing Provided Courtesy Of:
Brian Armstrong with KW Vermont.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

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.

Price History
6/24/2021 Listed $638,000

General Features

Area Description Rural
Basement Yes
Building Name The Rustic Restaurant
Building Number 451
Construction Wood Frame
Cooling Central AC
Electric 200 Amp
Features - Commercial Living Space Available, Public Restrooms
Heating Forced Air, Hot Air, Stove - Wood
Listing Area VT-Washington
Parking Driveway, Parking Spaces 21+, Paved, Unpaved
Price Per Sq Ft 70.35
Road Frontage Yes
Roof Membrane, Metal, Shingle - Asphalt, Standing Seam
Sewer 1500+ Gallon, Leach Field
Status Active
Tax Year 2020
Utilities Cable - At Site, High Speed Intrnt -AtSite, Internet - Cable, Telephone Available
Water Public
Year Built 8821
Zoning Mixed Use

Interior Features

Basement Access Type Interior
Basement Description Concrete, Dirt Floor, Partial
Gas - Natural Available No
Heating Fuel Oil, Wood
Total Number of Units 3

Exterior Features

Exterior Clapboard, Log Siding, T1-11
Foundation Concrete, Gravel/Pad, Stone
Lot Description Country Setting, River Frontage
Lot Size Area 1
Road Frontage Length 330
Water Body Access Yes
Water Body Name Dog River
Water Body Type River

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 05664

Statistics provided by Inside Real Estate

Price
AVG $640K
$640K
Taxes
AVG $9,119
$9,119
Visits
AVG 34
33

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