585 US Route 5 Coventry, VT
$450,000
Acres 2.17
Description
This 1953 Fodero Dining Car has been a landmark in the Coventry landscape since 1978, and for nearly 40 years Martha’s Diner has been run by the same family. Now it’s time for new owners to man the grill and take over the running of this classic diner. The chrome-plated exterior greets customers before they enter into the charming art deco interior. Iconic booths and counter stools in shades of green are accented by flourishes of pink and classic fan-imprinted stainless steel. The front of the diner has seating for 50, as well as a four-burner grill and two fryolators. The sale includes all of the equipment and dinnerware, so you’ll have everything you need to make and serve delicious homemade meals to locals and visitors alike. This diner is located on 2.17 acres with 448 feet of frontage along Route 5, providing high visibility and high traffic, as well as plenty of parking. If you have a taste for nostalgia and are ready to be your own boss, this is a great opportunity you won't want to miss.
Listed by Century 21 Farm & Forest, David Campbell
Details
MLS 5005748
Price $450,000
Status Active
DOM 147 days
Type Commercial
Lot Size 2.17 acres
Year Built 1953
Taxes Paid $3,150
Lot & Building Features
Utilities Gas - LP/Bottle
Cooling Central AC
Heating Forced Air, Propane
Parking Description Paved
Sewer 1000 Gallon, Septic
Tax Year 2024
Taxes Paid $3,150
Water Public
Basement Description Concrete, Full
Lot Description Corner, Near Snowmobile Trails, Level, Landscaped
Roof Shingle
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.