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Cummings & Co.

Forging Relationships Throughout Vermont

747 Killington RoadKillington, VT 05751Price: $590,000

  • Price: $590,000
  • 85 Days on Market
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Federal 30-year interest rate: 2.81% last updated on Oct 15, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $590,000List Price
  • 1.37Acreage
  • 8,036Square Feet

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Listed by Kyle Kershner of Killington Pico Realty
Established 94-seat restaurant, located directly on the Killington Road, one of the ski industry's most vibrant business districts. An outstanding, high-visibility location with parking for 72 cars. Both the business and real estate are being offered, including 1.37 acres in the Commercial zoning district, an 8036 s.f. building, comprised of 3851 s.f. on the main restaurant level, plus four rental units with private baths on the lower level - a unique opportunity to provide on-site employee housing or generate additional rental income. Current rental rates are $950/$600/$700/$600 per month, utilities included, for approximately $35,000 in annual residential rental income. All restaurant furnishings and equipment are included; owner's quarters are offered unfurnished. Sale includes 8.5 ERUs. Owner is motivated and offering property below assessed value.

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 20, 2020.

 

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