Stockbridge, VT 05772,3657 Route 107
Listed by Ray Ault • Ault Commercial Realty, Inc.
Bought with Ray Ault • Ault Commercial Realty, Inc.
$150,000
$160,000
6.3%
Est.Price: ?

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1.7 Acres Lot

3657 Route 107 Stockbridge, VT 05772

Est. payment /mo
SOLD DATE : 04/15/2016

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Key Details

Sold Price $150,000

Property Type Commercial

Sub Type Business,Hospitality

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4340014

Sold Date 04/15/16

Construction Status Existing

Year Built 1974

Annual Tax Amount $7,448

Tax Year 2015

Lot Size 1.700 Acres

Acres 1.7

Property Description

Once popular 100-seat Restaurant & Pub with distinctive 3,350 sq. ft. bldg on 1.7 acres by deed* with 385 ft frontage on VT Route 107 and 600+ ft frontage on the White River. Paved parking for 48 cars. Sale includes attractive furnishings and equipment. Closed since autumn of 2010, Sellers acknowledge they are not selling Good Will value. However, buyers should recognize asset value well above the asking price, as the Town values the real estate alone at $359,000! Named after the historic Peavine Railroad. Zoning: A pre-existing commercial use in a Rural Residential Zone, subject to Act 250 Permit #3W0196-1-4. On-site water & wastewater systems. *Note: Stated lot size was before embankment partially washed away by tropical storm Irene. Owner says bldgs not flooded. Buyer should have lot re-surveyed.

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning Rural Res

Body of Water River

Rooms

Basement None

Interior

Heating Gas - LP/Bottle

Flooring Carpet, Combination, Vinyl, Wood

Exterior

Exterior Feature Wood Siding

Parking Features On-Site, Parking Spaces 21+, Paved, Unassigned

Garage Description On-Site, Parking Spaces 21+, Paved, Unassigned

Utilities Available Other

Roof Type Shingle - Asphalt

Building

Foundation Slab - Concrete

Water Private

Construction Status Existing

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agent

Trevor Ainsworth

Agent | License ID: 082.0007328

+1(802) 598-5595

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