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1-5 Federal St
Saint Albans, VT 05478
One Federal Restaurant and Lounge · Retail Property For Sale
PROPERTY FACTS
ABOUT 1-5 FEDERAL ST , SAINT ALBANS, VT 05478
This is a well established, successful, turn-key business opportunity. Business Only, no real estate. A full service family dining restaurant and bar. Offering 115 seats inside including 4 different dining venues. Outside seating in the brick, Victorian courtyard adds another 60 under a tented banquet area. 3 years remaining on the lease with another 5 yr extension. The restaurant is on a corner lot, a chip shot from a large state office building and a NEW 84 room hotel being completed in the spring of '17. (no restaurant in the hotel). Across the street from an Amtrak station and minutes to Lake Champlain where a new Marina is proposed!
PROPERTY TAXES
| Parcel Number | 549-173-10856 | Improvements Assessment | $228,500 |
| Land Assessment | $112,000 | Total Assessment | $340,500 |
PROPERTY TAXES
