This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Johnny Boys Pancake House 182 RT 4

3,600 SF Retail Building Rutland, VT 05701 $925,000 ($257/SF)

Investment Highlights

  • Excellent Location, Freestanding Building with lots of parking, fast paced Quality Breakfast and Lunch Restaurant

Executive Summary

Prime location, free standing building with high visibility across from Home Depot. Lots of on site parking, High traffic count 12,919 per day

Attachments

Ad Copy

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,600 SF
Year Built/Renovated
1970/2000
Price
$925,000
Price Per SF
$257
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.19 AC
Zoning
Comm - Commercial
Parking
45 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
100 FT on RT 4

Amenities

  • Air Conditioning

About 182 RT 4 , Rutland, VT 05701

Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. High Volume, High Quality Food. Loyal local Clientele as well and Tourists traveling through the area. Licensed for up to 100 seats. Despite the volume, this is one of the most immaculate kitchens in Vermont. The owners have very high standards not only with their food, service, it also includes their building, inside and out. The restaurant building contains 3,600 sq ft and situated on 1.19 acres with highway frontage, plenty of on site parking. It helps if a new owner is a Chef and has high volume experience. The numbers support the price. Seller request Buyers to fill out a Prospect Information package which consists of a Confidentiality Agreement and provide financial information to prove their ability to purchase before the Sellers will allow us to release the financial information. Thank you for your understanding. Banks require a minimum of 20% to 30% down . It is also customary for a Buyer to pay dollar for dollar for the inventory at time of closing.

Nearby Major Retailers

Anytime Fitness
Applebee's
Community Bank
TD Bank
Wells Fargo Home Mortgage
  • Listing ID: 23506109

  • Date on Market: 6/24/2021

  • Last Updated:

  • Address: 182 RT 4, Rutland, VT 05701

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}