Restaurant Property for Sale in VT

319 Main St, Chester, VT 5143

$650,000 After Repair Value -
$650,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $650,000

After Repair Value $650,000

Costs of Repairs $0

Potential Profit $0

Living Area 3900 ft2

Property Type Commercial Property

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

This investment property has a great deal of potential, including its out standing location on the main road (high traffic count), its large well-lit parking lot,as well as a fully equipped turn-key restaurant opportunity. Whether you buy it as an investment property and rent out the two units, or choose you open your own restaurant in a building you own, this will give you a good return on your investment. This building includes two units. One has everything you need to open your own restaurant. The second unit was used as by the restaurant owners as additional storage but is completely separate and can be rented as well.This building is on a high traffic road that many people use to get to the surrounding ski areas, such as Okemo Mountain. Currently, Chester offers few places to eat. This would be a great spot to create that “must visit” type of place for skiers and locals alike!The property also includes separate side shop that would be ideal for an ice cream shop, a coffee shop, or even a separate rental.Historically this restaurant had steady income of $10,000 to$15,000 per week.As mentioned, Chester is surrounded with the ski resorts that are open BOTH in the winter and in the summer, attracting many people from nearby - many of them pass right by this building!! Large signage on the main road is approved and in place.Last but definitely not the least is a huge parking lot that can accommodate all types of vehicle sizes! Call Peter 203-678-3090

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