Bought with Ray Ault • Ault Commercial Realty, Inc.
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3657 Route 107 Stockbridge, VT 05772
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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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