5183 Main Street

Manchester, VT 05255

MLS ID# 4867642 Closed
Business,Hospitality,Investment,Opportunity,Retail

$1,599,000

0.83 Acreage
36155 Lot SqFt


Details for 5183 Main Street, Manchester VT 05255

This property is offered for sale by TPW Real Estate www.tpwrealestate.com 802-366-1430 This is your chance to own a continuously operating tavern and fine dining business for over 231 years! The Ye Olde Tavern property was built in 1790 and has been a hospitality staple in the Manchester, Vermont community ever since. The property consists of the restaurant building, a post and beam barn, several outbuildings, large off street parking lot, and outdoor dining. Permitted for 90 seat dining and with full support kitchen, bar, and extensive storage, staff apartments, and management offices. An unused ballroom exists on the third level. Even though the business has strong positive cash flow for many decades, there is still much more potential for the next owner, including serving lunch, breakfast, catering, and hosting events on the historic site. Come take a look - you'll fall in love!

Features and Details

  • List Date 06/18/2021
  • Closed Price $1,450,000
  • Category Commercial
  • Type Business,Hospitality,Investment,Opportunity,Retail
  • Village/Neighborhood
  • County Bennington
  • Closed Date 05/16/2022
  • Lot Dimensions 36155
  • Acreage 0.83
  • MLS ID# 4867642

Apx Bldg SqFt
6500
Basement
Concrete, Yes
Building Name
Ye Olde Tavern
Cooling
Mini Split
Construction
Wood Frame
Total Loading Docks
Docks: 0
# of Stories
3
Heating
Hot Air, Mini Split
Parking
Off Street
Elevators
0
Lot Description
Level
Siding
Clapboard
Sprinkler
Dry
Equipment
CO Detector, Dehumidifier, Smoke Detector, Smoke Detectr-Batt Powrd, Smoke Detectr-Hard Wired, Smoke Detectr-HrdWrdw/Bat, Sprinkler System, Air Conditioner
Features
Additional Outbuildings, Fire System, Furniture Included, Other, Phone System, Heat Included
Utilities
Cable
Natural Gas
No
Water
Public
Sewer
Public
Zoning
MU1
Water View
No
Property Types
Business, Hospitality, Investment, Opportunity, Retail
Transport Access
City Street, Other, Paved
Deed
Book: 228, Page: 11
Foreclosed/Bank-Owned
: No
Delayed Showings
No
Sale Includes
Additional Buildings, Barn, Equipment, Garage, Land/Building/Business, Outbuilding, Building
Compensation (explained below)
Sub Agency: 3%, Buyer Agency: 3%, Non Agency Facilitator: 0%
Compensation Disclaimer
The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the NEREN MLS.
Sale Type
Sale
This listing was last updated on 5/17/2022 3:22:44 PM.

Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. Subject to errors, omissions, prior sale, change or withdrawal without notice.