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8 Read Farm
East Dorset, VT 05253
Chantecleer · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • $1,000,000 Gross Income (Open only 4 Days a Week for Dinner)
  • ?Chef Equiped Kitchen Included in Price
  • ?Full-Service Bar Comfortably Seats up to 12 Guests, W/ Additional Table Seating for 16
  • 3BR/ 2BA Apartment Above the Restaurant
  • Dinner service ranging from 130-170 nightly
  • Due-Dilligance and Business Breakdown Available upon request

PROPERTY FACTS

Property Type
Retail
Building Size
4,141 SF
Building Class
C
Year Built
1965
Tenancy
Single
Building Height
2 Stories
Building FAR
0.04
Lot Size
2.50 AC
Zoning
Commercial
Parking
50 Spaces (7.24 Spaces per 1,000 SF Leased)
Frontage
200’ on Route 7A

AMENITIES

  • Corner Lot
  • Courtyard
  • Fireplace
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning

ABOUT 8 READ FARM , EAST DORSET, VT 05253

The Offering: Chantecleer is primed for the next owner-operator or an investor to perpetuate its successful business enterprise in a highly desirable location.? Chantecleer offers an exceptionally rare opportunity to purchase a renowned & well-established restaurant and property that has featured a world class chef with fiercely loyal clientele – both local and from afar.? Opening in 1982, Chef Michel and his wife, Melanie, have been operating the enormously popular restaurant continually for the past 40 years.? Serving dinners only, Chantecleer’s unequaled service and celebrated status as the Green Mountain region’s premiere fine dining experience consistently yields a significant annual revenue stream ($1M per year).? Not only has Chef Michel created a successful restaurant and business, he has cultivated a productive & creative environment where many servers & staff have remained employed with him for several decades.? Chantecleer’s unrivaled reputation, idyllic location, and boundless potential for expansion & growth makes this an extraordinary offering for a new chef to recreate their own vision or an investor interested in purchasing and capitalizing on the existing success in a transformational and growing market.? A Tradition Of Culinary Excellence Chef Michel purchased the property – a converted dairy farm dating back to the 1800s – after falling in love with southern Vermont during a ski trip to nearby Bromley Mountain.? Over the years, Chef Michel and his wife, Melanie, a former sous-chef, thoughtfully expanded and developed Chantecleer, elegantly growing interior spaces and creating seasonal dishes to entice & excite the restaurant’s numerous visitors.? Chef Michel having perfected his craft in fine restaurants across the world and up & down the east coast of the United States has created a restaurant with a proven record of success - The Chanetcleer.? Dining & Bar Experience Chantecleer’s spacious dining areas feature a comfortable and lodge-like interior.? Pristine white, stucco ceilings coupled with handsomely aged wood beams create a unique rustic atmosphere that creates a quintessential Vermont Mountain ambiance.? The focal point of the dining room is the grand floor-to-ceiling wood-burning stone fireplace, complete with an antique wood beam mantle, that both warms and enchants guests during any season.? The dining areas offer seating for 96 guests with dinner service ranging from 130-170 nightly.? Lofty vaulted ceilings adorned with sophisticated bronze chandeliers contribute to the dining room’s dramatic – but highly functional setting.? Chantecleer’s well apportioned and full-service bar comfortably seats up to 12 guests, with additional table seating for 16.? The bar attracts it’s own community of regular guests that enjoy a different local fare and the opportunity to gather and socialize with familiar faces.? The Location Located at the halfway point on one of Western New England’s major north/south highways – US Rte.? 7 – Chantecleer is the premiere four-season location to cultivate & create the perfect culinary and entertainment experiences.? Enriched by the flowing waters of the nearby Batten Kill River and nestled between two of the region’s most iconic mountain ranges, Chantecleer is situated near the terminus of the Shire Valley of Vermont, a picturesque series of 15 historic towns and villages connected by a scenic ribbon of highway that runs directly adjacent to the property.? Ideally located between the sophisticated & charming towns of Manchester and Dorset, as well as in close proximity to numerous popular mountain recreation areas, Chantecleer offers a proven and unparalleled opportunity to create your passion.? The Property With towering views of Mt Aeolus to the west and panoramic vistas of the Green Mountains to the east, Chantecleer’s eight bountiful acres of rolling hills and luscious green meadows provides the perfect backdrop to experience fine dining and entertainment.? The restaurant and surrounding structures are located on developed, flat land that gradually ascends eastward towards the Taconic range, creating a peaceful and serene setting for a variety of experiences.? The striking tree lined properly, coupled with red pastoral barns, traditional split-rail fences, hearty rustic silo, antique stone pond, and charming wood pergola fosters the perfect, farmhouse setting that enhances even the most sophisticated guest’s experience.? The Opportunity And Potential If you are looking to create your own vision for a restaurant or hospitality business, this property has what it takes to be successful.? Whether you seek to reinvent the existing restaurant offering, combine or partner with a micro-brewery, expand to include lunch and brunch, build an outdoor summer patio and bar or become a wedding and event venue, the opportunity sets you front and center to pursue.? • Proven Record of Success • Location: Along the busy 7A corridor, the location benefits from steady summer tourism and proximity to a multitude of ski resorts.? Southern Vermont is both a winter and a summer destinations with The annual Dorset Horse Show, professional summer theatre and music festivals.? The Wedding Business in strong and demand for a Vermont Venues is significant.? • The Buildings: The well maintained main building, formerly a post and beam dairy barn offers an ambiance that is inviting, exciting and steeped with character and history, fitting of the bucolic Vermont Setting in which it resides.? A floor-plan that offers both large and cozy spaces makes for flexible use.? With outdoor structures, you can envision how the long shed that opens to the back acreage, pergola and katys barn can be easily re-purposed for outdoor dining, tavern and event service.? All against the back drop of meadow, woods and mountains.? The 3000SF attached residence offers housing for the chef/owner, lodging for additional revenue or designed to house the wedding party.? • The Setting • The Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
(057)000228
Land Assessment
$71,000
Improvements Assessment
$425,000
Total Assessment
$496,000
  • Listing ID: 25275029

  • Date on Market: 3/17/2022

  • Last Updated:

  • Address: 8 Read Farm, East Dorset, VT 05253

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