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182 RT 4
Rutland, VT 05701
Johnny Boys Pancake House · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Excellent Location, Freestanding Building with lots of parking, fast paced Quality Breakfast and Lunch Restaurant

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,600 SF
Year Built/Renovated
1970/2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.19 AC
Zoning
Comm - Commercial
Parking
45 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
100’ on RT 4

AMENITIES

  • Air Conditioning

ABOUT 182 RT 4 , RUTLAND, VT 05701

Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. High Volume, High Quality Food. Loyal local Clientele as well and Tourists traveling through the area. Licensed for up to 100 seats. Despite the volume, this is one of the most immaculate kitchens in Vermont. The owners have very high standards not only with their food, service, it also includes their building, inside and out. The restaurant building contains 3,600 sq ft and situated on 1.19 acres with highway frontage, plenty of on site parking. It helps if a new owner is a Chef and has high volume experience. The numbers support the price. Seller request Buyers to fill out a Prospect Information package which consists of a Confidentiality Agreement and provide financial information to prove their ability to purchase before the Sellers will allow us to release the financial information. Thank you for your understanding. Banks require a minimum of 20% to 30% down . It is also customary for a Buyer to pay dollar for dollar for the inventory at time of closing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
543-171-10003
Land Assessment
$200,700
Improvements Assessment
$211,800
Total Assessment
$412,500
  • Listing ID: 23506109

  • Date on Market: 6/24/2021

  • Last Updated:

  • Address: 182 RT 4, Rutland, VT 05701

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