About This Restaurant
Investment Highlights
Large open retail space, comfortable workplace and inviting to customers. High ceilings & second story windows bring the outside in. Take advantage, add other sports & products, by opening 4 extra mos. (May thru August) when retail shop is closed, but online orders continue to ship Development Potential. Opportunity awaits on 5.89 Acres. Use your imagination, add indoor golf, popular pickleball or other attractions.
Executive Summary
Prime real estate developmemt parcel, current use as resort ski/snowboard shop. Imagine the possibilities with 5.89 Acres to subdivide or build on with Town PUD zoning allowing expanded commercial and residential uses and density. Commercial District permitted uses include: 1,2 or multi-family dwellings, Hotel/Lodge, Restaurant & Lounge, Office, Outdoor Recreation or any combination of these. Retail is highly desirable in the Commercial Real Estate sector, especially with the real estate and in the best ski resort in New England! Or with 2 entrances, there's flexibility to portion off the left side of the building for rental income or compatible business. Read it all, respond to Cathy and plan to visit soon, so you don't miss this great opportunity in Killington, Vermont!
Property Details
- Sale Type Investment or Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Storefront Retail/Office Storefront Retail/Office General Retail Restaurant Office Office Residential General Retail Department Store Storefront Retail/Office
- Building Size 9,396
- Building Class B
- Year Built 1998
- Price 3,880,000
- Price Per SF 413
- Cap Rate 6.08
- NOI 235,904
- Tenancy Single
- Building Height 2 Stories
- Loading Docks 1 Exterior
- Building FAR 0.04
- Land Acres 5.89 AC
Amenities
- Fireplace
- Security System
- Signage
- Wheelchair Accessible
- Accent Lighting
| Date Created: | 2024-07-16 04:23:48 | Last Updated: | 2024-07-16 04:23:48 |
| Address: | 3429 US Route 4 , Killington, Vermont, 05751 | ||