4570 Main St
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4570 Main St
9,800 SF Retail Building Manchester Center, VT 05255 $3,827,034 CAD ($391 CAD/SF)
Investment Highlights
- The Location is the Hub of the Draw to Manchester and the proximity of the Hotel with approximately 425 rooms within walking distance
- Both the Restaurant and the Sports Bar offer outside seating in good weather
- Seasons Restaurant is just been Remodeled
Executive Summary
Manchester, VT
Signature Property
First time offered....2 Extremely Successful Operating Hospitality Business, Full Service Restaurant and separate Sports Bar joined by a common kitchen, Permit allows for 2 meals a day, PLUS a Retail Building offering 2,110 sq ft Located in a High Volume, vehicle and foot traffic location. After 14 years, the owners have decided to retire. Being Sold as a package at an incredible price. The property is located near many fine hotels and inns. The Hampton Inn is directly across the street with 97 rooms and does not have bar or dining facilities. Also within walking distance to Orvis, Northshire Bookstore and designer outlets, this section of Route 7A boasts the most foot traffic making it one of Manchester’s premier locations.
The site is 0.6 acres with a total of 7742 sq ft for both buildings. Seasons Restaurant/Haig’s Sports Bar is approximately 4390 sq ft plus 1241 sq ft on second floor. The retail space is 2,111 sq ft. The balance of the site is improved with a 43 paved parking spaces.
Seasons Restaurant/Haig’s Sports Bar
New owners will see a consistent net profit from both businesses when operating only five days per week.
In June 2024, the interior of Seasons Restaurant received a new look with a remodel that was curated by professional designers. This included new booths, tables, chairs and flooring. Seasons Restaurant with 72 seats also offers an outdoor dining area, covered and uncovered, with mature perennial gardens and firepit.
Haig’s Sports Bar offers a total capacity of 50 seats, boasting a gas fireplace and 13 TVs, inside and out (including the bathrooms!) Indoor and outdoor merge when two overhead doors are open to the private patio. The patio has two fire pits, seating areas and a service bar.
Haig’s Sports Bar is the only property in the Town of Manchester that is allowed to serve alcohol outside until 1 am. All others must stop at 11 PM.
The second floor of this building offers open and locked storage areas, an employee bathroom with shower and two private offices.
Retail
Retail Store offers a large open showroom with expansive display windows on three sides. Completing the space are a conference room, three offices, one half bath and a kitchen.
The Sellers require Hospitality Consultants, LLC to only share the financials with qualified buyers.
Priced at: $2,700,000.*
* It is customary for Buyers to pay in addition to the purchase price, dollar for dollar for the inventory at the Sellers cost at closing.
Signature Property
First time offered....2 Extremely Successful Operating Hospitality Business, Full Service Restaurant and separate Sports Bar joined by a common kitchen, Permit allows for 2 meals a day, PLUS a Retail Building offering 2,110 sq ft Located in a High Volume, vehicle and foot traffic location. After 14 years, the owners have decided to retire. Being Sold as a package at an incredible price. The property is located near many fine hotels and inns. The Hampton Inn is directly across the street with 97 rooms and does not have bar or dining facilities. Also within walking distance to Orvis, Northshire Bookstore and designer outlets, this section of Route 7A boasts the most foot traffic making it one of Manchester’s premier locations.
The site is 0.6 acres with a total of 7742 sq ft for both buildings. Seasons Restaurant/Haig’s Sports Bar is approximately 4390 sq ft plus 1241 sq ft on second floor. The retail space is 2,111 sq ft. The balance of the site is improved with a 43 paved parking spaces.
Seasons Restaurant/Haig’s Sports Bar
New owners will see a consistent net profit from both businesses when operating only five days per week.
In June 2024, the interior of Seasons Restaurant received a new look with a remodel that was curated by professional designers. This included new booths, tables, chairs and flooring. Seasons Restaurant with 72 seats also offers an outdoor dining area, covered and uncovered, with mature perennial gardens and firepit.
Haig’s Sports Bar offers a total capacity of 50 seats, boasting a gas fireplace and 13 TVs, inside and out (including the bathrooms!) Indoor and outdoor merge when two overhead doors are open to the private patio. The patio has two fire pits, seating areas and a service bar.
Haig’s Sports Bar is the only property in the Town of Manchester that is allowed to serve alcohol outside until 1 am. All others must stop at 11 PM.
The second floor of this building offers open and locked storage areas, an employee bathroom with shower and two private offices.
Retail
Retail Store offers a large open showroom with expansive display windows on three sides. Completing the space are a conference room, three offices, one half bath and a kitchen.
The Sellers require Hospitality Consultants, LLC to only share the financials with qualified buyers.
Priced at: $2,700,000.*
* It is customary for Buyers to pay in addition to the purchase price, dollar for dollar for the inventory at the Sellers cost at closing.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
9,800 SF
Year Built/Renovated
1976/2024
Price
$3,827,034 CAD
Price Per SF
$391 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
3.75
Land Acres
0.06 AC
Zoning
Town Center - Town Center Extremely flexible zoning
Parking
47 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
93 ft on RT 7A
Amenities
- Fireplace
- Restaurant
- Signage
- Storage Space
- Air Conditioning
About 4570 Main St , Manchester Center, VT 05255
The Owners have been excellent custodians of the Property. Their attention to detail is an asset in the sale along with their business success.
-
Dick Palmer -
Hospitality Consultants, LLC
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