4182 Waterbury Stowe Road Waterbury VT Property

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Price	Down Payment	Interest Rate	Years
		%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.57% last updated on 2023-05-25

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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.

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Basic Information

StatusACT
Modification Date01/26/2023
TypeHospitality
List Price$1,250,000
Broker NameKW Vermont-Stowe
Listing Agent NameSteven Foster
Lister Office NameKW Vermont-Stowe
MLS Number4882924
MLS StatusActive

Utilities

FuelOil
Heating CoolingHeat Pump, Hot Air

Legal

Taxes$9,619.9
Price/SF$285.58
OtherStructuresEquipment, Land/Building/Business
ZoningRT-100
Excluded From SaleCurrent food, wine and liquor inventory can be purchased outside of sale.

Location

Building Number4182
StreetWaterbury Stowe Road
TownWaterbury
StateVT
Zip05677
CountyWashington

Property

Acreage4
Parking Spaces
Property TypeCommercial Sale
AreaCommercial Zoning
Lot Sqft174,240
Road Frontage370
Traffic Count15000

Building

Year Built1900
ConstructionWood Frame
NumberOfUnitsInCommunity1
FoundationConcrete
Square Feet4,377
BasementPartially Finished
Garage Spaces

Exterior

ExteriorVinyl Siding
RoofMetal, Shingle - Asphalt

Amenities

Accessibility AmenitiesAccessibility Features

Other

AC percent80
View Count37

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 May 27, 2023 6:54 PM EDT

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