This is an incredible opportunity to own a historic Vermont property with a thriving and beloved farm-to-table restaurant and wedding business… Meet Tourterelle Restaurant, Inn & Events. The turn-key property is located just outside of Middlebury, Vermont, on over 5 acres with a backdrop of the Adirondack Mountains and Green Mountains. The well-established restaurant and inn—now in operation for over 15 years with a committed staff boasting years of longevity—dates to 1796. But, you would never guess its rich history when you step inside the fully renovated and thoughtfully designed interior—just completed in 2021. Inside the restaurant, find a large bar and lounge, three dining room spaces, and a wine vault. The expansive commercial kitchen allows for a robust dinner service. A luxury inn upstairs provides six spacious bedrooms, four bathrooms, a sitting area with gas stove and breakfast nook. Outside, an all-season, 2, 537 square-foot barn provides an expansive space for weddings and events for up to 200 guests, along with an attached space for a tent. The backyard features views over mature trees, a pond, cornfield and sunflower field - the perfect background for a Vermont countryside wedding. The possibilities at Tourterelle are numerous, from expanded dinner service, catering, food truck and tunes events, winter events, nightly lodging options, Middlebury College engagements, etc. Bring your imagination and step right into a successful business ready for its next owner.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,760,000 | $1,760,000 | $1,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $985 | $985 | $985 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,271 | $11,124 | $14,852 |
Total Monthly Payment | $11,381 | $12,234 | $15,962 |
* 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.