Dorset, VT8 Read Farm Road
MLS Number 4951335
- Acreage 2.5
Ideal for Expansion, this renown restaurant & grounds are perfect for a microbrewery or wedding venue.Based upon a 2023 Appraisal, $1,795,000 is a well substantiated price for investment. here is significant upside revenue potential beyond the 4 nights of dinner service per week that already yields a 7-figure annual income. Indoor seating for 96 guests provides dinner service from 130-170 nightly, w/a state-of-the-art kitchen & new equipment. Historic barn w/beamed ceilings & sophisticated bronze chandeliers create a warm and functional setting. A well apportioned full-service bar comfortably seats up to12 guests, w/ additional table seating for 16.A second bar is perfectly designed to open to the outdoors and grounds. Offering includes a 3000SF residence/staff housing. Many improvements to the surroundings /grounds have been completed that secure the property through all kinds of weather. Along the busy 7A corridor, the location has steady summer tourism & proximity to a multitude of ski resorts. Southern Vermont is a summer and winter destination w/The Dorset Horse Show, Professional Summer Theatre and Music Festivals. The Wedding Business is strong. Looking to create your own vision for a restaurant or hospitality business? You'll have what it takes to be successful. Whether you seek to offer a wedding /event venue, partner w/a micro-brewery, expand to brunch/summer lunch with outdoor patio /bar or reinvent the existing restaurant offering, the opportunity is Prime!
Listed by Kim Morgan-Wohler and Britt Wohler of Wohler Realty Group