1844 Depot Street Manchester, VT $ 1,599,000
1844 Depot Street
$ 1,599,000
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1844 Depot Street

Manchester, VT, 05255
$ 1,599,000
Baths0.0 Sq 4,413

Monthly Estimate*

$ 10,627

Listed by Paul William Carroccio, TPW Real Estate, pwc@tpw.com
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Studio

Commercial Property for sale in Manchester, VT

for $1,599,000. This 4,413 square foot building was built in 1994 on a lot size of 1.1.

Welcome to an exceptional offering. An established restaurant business combined with valuable real estate in a prime location. This is a rare opportunity for entrepreneurs, investors, or hospitality professionals seeking a turnkey operation with the added advantage of property ownership. The restaurant, known as The Raven’s Den Steakhouse, has been operating successfully for 10+ years and has become a beloved dining destination in Manchester, VT. With a loyal customer base and a reputation for culinary excellence, this establishment is poised for continued success under new ownership. Situated in a highly desirable area, this property offers not only a thriving business but also valuable real estate. The strategically located premises ensure maximum exposure and accessibility. The restaurant features a thoughtfully designed interior, creating an inviting atmosphere for guests. The sale includes all the necessary equipment, fixtures, and furnishings, enabling a seamless transition for the new owner. The real estate includes a newly renovated 1-bedroom apartment. The restaurant has a track record of consistent profitability and strong financial performance. Financial records will be made available to serious buyers upon request. The restaurant operates with a dedicated team of experienced chefs, skilled staff, and efficient management personnel committed to the restaurant's success. Seller financing available.

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Commercial Active

Price

$ 1,599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,645

Style

Hospitality

Lot Size

1.1

Year Built

1994

Town/City

Manchester

County/Region

Bennington

MLS | Web ID

4924436

Features
Interior
Basement Description Climate Controlled Concrete Floor Other Partial Storage - Locked Storage Space
Basement Yes
Heating Fuel Gas - LP/Bottle
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General
Road Frontage Yes
Sewer Private Available
Heating Baseboard Heat Pump Hot Water
Cooling Central AC
Utilities Cable
Roof Metal Shingle - Asphalt
Parking On-Site Parking Spaces 21+ Paved
Zoning Mixed Use
Status Active
Year Built 1994
Tax Year 2022
Area VT-Bennington
Price Per Sq Ft Total 362.34
Tax Gross Amount 12645.28
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Exterior
Foundation Poured Concrete
Lot Size Area 1.1
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* Excluded Features
List By
Paul William Carroccio

Listing Agent

Tpw Real Estate

Broker

pwc@tpw.com

Email

Affordability Calculator

$11,681
Per Month
91%
9%
0%
Monthly Principal & Interest
$10,627
Monthly Property Taxes
$1,054
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2023$1,599,000 -5.94% Price Down
8/8/2022$1,700,000 Listed Price

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1844 Depot Street, Manchester, VT, 05255 is a Commercial Property for sale at $1,599,000 with 4,413 sqft and a lot size of 1.1. 1844 Depot Street is a studio with 0.0 baths and was built in 1994. The property's zip code is 05255 which is in Manchester, VT