1844 Depot Street, Manchester, VT, 05255 | $1,050,000

Active Restaurant and Real Estate with Turnkey Opportunity – Manchester Center, VTRavens Den Steakhouse | Restaurant • Real Estate • Business Acquire this fully equipped, turnkey restaurant and property in the heart of Manchester Center—Southern Vermont’s premier dining and shopping destination. Operating as Ravens Den, this established location offers outstanding visibility, strong traffic counts, and the flexibility to bring a new vision to life or continue building on an already recognized brand. Property & Operational Highlights Turnkey Steakhouse / Restaurant Facility with two commercial kitchens, ideal for high-volume service and diverse culinary concepts. Outdoor patio— for summer dinning On-site 2BR/1BA renovated apartment, ideal for a live-in chef/manager or to generate additional rental income. 50+ dedicated parking spaces, a rare advantage in Manchester’s busy commercial core. Extensive FF&E package included—valued at over $260, 000, offering immediate operational capability. Prime central location with excellent access to Manchester’s year-round tourism, affluent second-home community, and vibrant local population. Business Highlights Reimagined and proven concept that has established a loyal local following and strong brand identity. A versatile culinary platform—from traditional comfort favorites to modern, globally inspired dishes—appealing to a broad and diverse audience. Warm, inviting, and approachable atmosphere, ideal for everyday dining, après-ski.

Features

  • Construction: Wood Frame,Vinyl Siding
  • Parking: On-Site,Parking Spaces 21+,Paved
  • Zoning: Commercial
  • Year Built: 1994
  • Acreage: 1.11
  • Est. Taxes: $15,621
  • MLS#: 5072189
  • Website: https://www.raveis.com
    /prop/5072189/1844depotstreet_manchester_vt?source=qrflyer
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Listing courtesy of Wohler Realty Group   Phone: 802-297-3333
Listing Agent: Britt Wohler

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1844 Depot Street, Manchester, VT, 05255

$1,050,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $840,000 $840,000 $840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.259% 6.183%
Monthly Tax Payment $1,302 $1,302 $1,302
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,769 $5,104 $7,088
Total Monthly Payment $6,196 $6,531 $8,515

* 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.