One of Vermont's most recognizable restaurant properties is heading to auction.
Michael's on the Hill Restaurant Property Heads to Auction: What Buyers Should Know
One of Vermont's most recognizable restaurant properties is heading to auction.
The former Michael's on the Hill restaurant in Waterbury Center, Vermont will be offered at a live auction on Thursday, August 20, 2026. Located along the scenic Route 100 corridor between Waterbury and Stowe, this distinctive property has long been known as a destination for fine dining and Vermont hospitality.
Originally built in 1900 as a farmhouse, the property was transformed into an elegant restaurant while maintaining its historic character. Today, it offers approximately 4,877 square feet on 4.0± acres, generous parking, and an exceptional location in one of Vermont's busiest tourism regions.
If you're an investor, entrepreneur, hospitality operator, or commercial real estate buyer, this auction presents an opportunity to purchase a well-known Vermont property with significant future potential.
Auction Overview
Live Auction:
Thursday | August 20, 2026 | 11:00 AM
Register & Inspect:
Thursday | August 20 | 10:00 AM
Open House:
Thursday | August 6 | 11:00 AM – 1:00 PM
Property Address:
4182 Waterbury-Stowe Road
Waterbury Center, VT 05677
📞 Questions?
Call: 802-888-4662
Email: info@thcauction.com
👉 View the complete auction information:
https://www.thcauction.com/08202026-michaels-on-the-hill-restaurant-waterbury-center-vt
A Vermont Landmark Along Route 100
Located between Waterbury and Stowe, this property sits along one of Vermont's most traveled scenic highways. For years, Michael's on the Hill welcomed both local residents and visitors exploring the Green Mountains, making it a familiar destination for special occasions, tourism, and fine dining.
Its combination of historic New England charm, ample parking, and excellent visibility has made it one of the area's most recognizable commercial properties. With its desirable location and established presence, the property offers exciting possibilities for its next owner.
What Does "Per Order of Bankruptcy Court" Mean?
This property is being sold per order of the Bankruptcy Court, meaning the sale is conducted under the supervision of the United States Bankruptcy Court as part of an official bankruptcy proceeding.
For buyers, this simply means the property is being sold through a structured and transparent public auction process with clearly published terms and a defined sale date. Interested buyers are encouraged to review the auction information, attend the open house, and complete any desired due diligence before auction day.
Future Potential for the Property
One of the most appealing aspects of commercial real estate is the opportunity to reimagine an established property.
This approximately 4,877-square-foot building sits on 4.0± acres along Vermont's scenic Route 100, offering excellent visibility between Waterbury and Stowe. While many will recognize it as the former Michael's on the Hill restaurant, its next chapter will ultimately be determined by its new owner.
Subject to local zoning regulations, permitting, and buyer due diligence, potential future uses may include:
- Restaurant or café
- Farm-to-table dining destination
- Event or wedding venue
- Boutique hospitality or lodging
- Professional office space
- Specialty retail
- Mixed commercial use
- Other permitted commercial ventures
Its combination of historic character, generous parking, and a highly desirable location makes it a property worth considering for a variety of business opportunities.
Who Should Consider Bidding?
This auction may appeal to a wide range of buyers, including:
- Restaurant owners looking for an established location
- Hospitality operators expanding their portfolio
- Commercial real estate investors
- Entrepreneurs seeking a unique business property
- Developers exploring redevelopment opportunities
- Buyers looking for a landmark property in one of Vermont's most visited regions
If you're planning to continue its hospitality legacy or pursue a new commercial vision, this auction offers a rare opportunity to purchase a recognizable Vermont property.
Thinking About Selling Commercial Real Estate?
Commercial real estate auctions provide sellers with a defined timeline, extensive marketing exposure, and access to qualified buyers throughout Vermont, New England, and beyond.
The Thomas Hirchak Company has decades of experience marketing and selling restaurants, retail properties, office buildings, development sites, industrial facilities, and other commercial real estate through live auction.
If you're considering selling commercial property, learn more about our auction services:
👉 Sell Your Commercial Real Estate:
https://www.thcauction.com/real-estate-auctions
👉 Learn More About Selling with The Thomas Hirchak Company:
https://www.thcauction.com/sell-with-thomas-hirchak
Final Thoughts
The Michael's on the Hill Restaurant Property Auction represents more than the sale of a well-known Vermont landmark—it's an opportunity to purchase a distinctive commercial property in one of the state's premier tourism corridors.
With its historic farmhouse charm, approximately 4.0± acres, excellent Route 100 location, and flexible commercial potential, this property is well suited for entrepreneurs, investors, and hospitality professionals alike.
Interested buyers are encouraged to attend the scheduled open house, review the auction information, and complete any desired due diligence before the live auction on Thursday, August 20, 2026.
👉 View the complete auction information:
https://www.thcauction.com/08202026-michaels-on-the-hill-restaurant-waterbury-center-vt
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✍️ About the Author
The Thomas Hirchak Company is a Vermont-based auction and real estate firm serving buyers and sellers throughout New England and beyond. Since 1979, THCo. has conducted live real estate auctions, simulcast public auto auctions, and online commercial, industrial, and equipment auctions, helping clients buy and sell with confidence through competitive, transparent auction marketing.
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FAQs
What does "Per Order of Bankruptcy Court" mean?
It means the property is being sold through a court-supervised bankruptcy process using a transparent public auction with published terms and conditions.
Can I inspect the property before the auction?
Yes. An open house is scheduled for Thursday, August 6, 2026, from 11:00 AM–1:00 PM. Buyers are encouraged to attend and perform their own due diligence.
Who can bid at this auction?
The auction is open to qualified buyers who comply with the published auction terms and registration requirements.
Why buy commercial real estate at auction?
Auctions provide a defined sale date, transparent bidding, competitive market pricing, and equal opportunity for all qualified buyers.
Where can I view upcoming commercial and real estate auctions?
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