Bought with Brian Armstrong • KW Vermont
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451 VT Route 12 Northfield, VT 05664
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Key Details
Sold Price $312,500
Property Type Commercial
Sub Type Hospitality,Land,Multi-Family,Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,716 sqft
Price per Sqft $46
MLS Listing ID 4868731
Sold Date 04/04/22
Annual Tax Amount $9,119
Tax Year 2020
Lot Size 1.000 Acres
Acres 1.0
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.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Mixed Use
Body of Water River
Rooms
Basement Entrance Interior
Basement Concrete, Dirt Floor, Partial
Interior
Heating Oil, Wood
Cooling Central AC
Exterior
Exterior Feature Clapboard, Log Siding, T1-11
Garage Driveway, Parking Spaces 21+, Paved, Unpaved
Garage Description Driveway, Parking Spaces 21+, Paved, Unpaved
Utilities Available Cable - At Site, High Speed Intrnt -AtSite, Internet - Cable, Telephone Available
Waterfront Yes
Waterfront Description Yes
View Y/N Yes
Water Access Desc Yes
View Yes
Roof Type Membrane,Metal,Shingle - Asphalt,Standing Seam
Building
Lot Description Country Setting, River Frontage
Foundation Concrete, Gravel/Pad, Stone
Sewer 1500+ Gallon, Leach Field
Water Public
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