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2146 Grove StreetBrandon, VT 05733Price: $425,000

  • Price: $425,000
  • 692 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $425,000List Price
  • 10.24Acreage
  • 3,760Square Feet
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Listed by Ray Ault of Ault Commercial Realty,Inc.
Popular 70-seat Area Restaurant with 65 paved parking spaces. Bonus: a 500 sq. ft. 3-season covered deck on the south side. In the 5 years ending Dec 2019 Owner reported gross sales averaged about $500,000. At its peak, Owner reports it was able to gross over $1 million! This is a truly Turn-key opportunity! On a highly visible 10.24-acre surveyed lot with nearly 900 ft frontage on US-7, zoned Rural Development; see Pgs 15 & 16 of Town of Brandon Land Use (Zoning) Ordinance, Sections 305 & 306 for Permitted and Conditional Uses. The sale includes a 3,760 sq. ft. one-level bldg, all restaurant and bar equipment, furniture and fixtures (complete list available), all the business personal property and intangible assets: goodwill, trade name, domain names, website, phone number, social media accounts, graphic design materials/logo, etc. Cattails is ready for a new owner or tenant to bring ideas and energy to this long-standing successful business. Closed for more than a year due to the Pandemic, this restaurant is a turn-key opportunity that can be reopened in no time, serving food to meet the high demand of the population from Middlebury south to Rutland! OWNER WILL CONSIDER A LONG-TERM LEASE WITH A PURCHASE OF THE BUSINESS.

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 5, 2022 1:54 AM EST.

 

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