3928 Vt Rt 11, Londonderry, VT, 05148 | $1,200,000

Great opportunity, great location. If it is time to "bust a move, ” "ditch the grind" of the city, or expand your Vermont business enterprises. . . either way or whatever the reason, this "up and running" turn-key business is ready to be supercharged. Everything is new, updated, or upgraded. Business is good. Very strong "local" following and essentially at the base of Magic Mtn ski area, and on Rt 11 just outside Londonderry, you are in a PRIME location to capture and generate huge traffic. Terrific ambiance and atmosphere, locals and seasonal/weekend guests alike all enjoy the camaraderie, casual surroundings and delicious foods. Whether for a great family dinner or an apres ski beer and snack, this is a superb choice. 2 pizza overs have produced award-winning pizza here, some of the best pizza in Southern Vt! Also on the VAST snowmobile trails network, another opportunity to build collateral revenue streams. With a restaurant that seats 50 and a bar that seats 25 and a full kitchen that can also produce breakfast, lunch, dinners and take out. . there is NO ceiling to upside revenue potential. This is what YOU will make it. Wide open potential. Financials available after a first showing only! POS sale system and all inventory included in sale. All licenses and inspections are up to date. Potential living quarters upstairs, small apartment. This is a move-in ready; take it over and take on the opportunity!

Features

  • Property Type: Retail
  • Parking: Parking Spaces 11 - 20
  • Heating: Forced Air
  • Zoning: Highway
  • Frontage: 300
  • Year Built: 1949
  • Acreage: 1.06
  • Est. Taxes: $4,236
  • MLS#: 5020635
  • Website: https://www.raveis.com
    /prop/5020635/3928vtrt11_londonderry_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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 11/14/2024
Listing courtesy of TPW Real Estate   Phone: 802-297-9405
Listing Agent: Wilkie Bushby

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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3928 Vt Rt 11, Londonderry, VT, 05148

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $353 $353 $353
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,451 $5,911 $7,972
Total Monthly Payment $5,929 $6,389 $8,450

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.