Views
Listing Provided Courtesy Of:
Steven Foster with KW Vermont-Stowe.
Address
4182 Waterbury Stowe Road Waterbury, VT
Price
$ 1,250,000
Property Attributes
  • MLS#4882924
  • TypeCommercial
  • CountyWASHINGTON
  • CityWaterbury
  • AreaWashington
  • Zip05677
  • StyleHospitality
  • Year Built1900
  • Taxes$ 9619
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4377
  • Lot Size4 Acres
Listing Provided Courtesy Of:
Steven Foster with KW Vermont-Stowe.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

Michael’s on the Hill, an award-winning, landmark restaurant located in the Stowe area for over 20 years, is ready to reinvent itself with a new owner. This highly visible property on Route 100 in Waterbury Center is a meticulously restored and decorated 1820s farmhouse with multiple intimate dining spaces for up to 82 guests. Known for its beauty and its perch “on the hill,” this property offering provides everything you need to be a success in the business, including, but not limited to: A recognized and established 20+ years loyal customer base consisting of both local and visiting patrons. The entire existing inventory, including the restaurant which seats 82 comfortably, the grounds (4 acres), furniture, equipment, website, etc. (not included is the wine cellar, which can be negotiated as part of the sale). All intellectual property, from recipes and menu descriptions to staff training and beverage programs, policies, standards, seasonal/daily forecasting/reservation information. Additional expansion opportunities are available through events & catering. Consulting & transition assistance upon request. If food is your passion and owning a restaurant is something you’ve always wanted to do, Michael’s on the Hill is a must-see property.

Price History
9/16/2021 Listed $1,250,000

General Features

Area Description Commercial Zoning
Assessment Amount 422000
Basement Yes
Building Name Michaels on the Hill
Building Number 1
Construction Wood Frame
Cooling Mini Split
Electric 200 Amp
Features - Accessibility Accessibility Features
Features - Commercial Furniture Included
Heating Heat Pump, Hot Air
Listing Area VT-Washington
Parking On Street, Parking Spaces 21+, Paved
Price Per Sq Ft 285.58
Road Frontage Yes
Roof Metal, Shingle - Asphalt
Sewer 1500+ Gallon, Leach Field - On-Site
Status Active
Tax Year 2021
Utilities Cable - At Site, Gas - On-Site
Water Drilled Well
Year Built 1900
Zoning RT-100

Interior Features

Basement Access Type Interior
Basement Description Partially Finished
Heating Fuel Oil
Total Number of Units 1

Exterior Features

Exterior Vinyl Siding
Foundation Concrete
Lot Description Landscaped, Mountain View
Lot Size Area 4
Road Frontage Length 370

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 05677

Statistics provided by Inside Real Estate

Price
AVG $1.21M
$1.25M
Taxes
AVG $7,563
$9,619
Visits
AVG 12
4
Year Built
AVG 1891
1900

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.