26 Depot AveWindsor, VT 05089

  • Turn key restaurants
  • 2,888 SF
For Sale
$550,000 View listing

Property Details for 26 Depot Ave

Year built
1900
Construction
FRAME
Lot size
0.31 AC
Property size (Sq ft)
2,888 SF
Zone code
CB
Property type
Turn key restaurants
APN
(244) 250026000
APU
244250026000

Description

This exceptional 3,600 sq ft restaurant, located at 26 Depot Ave, Windsor, VT 05089, presents a unique investment opportunity. Originally built in 1900 as a train station, this single-story building boasts a rich history, having served as a thriving restaurant for decades. Recently renovated with period details, the property features a 13,504 sq ft lot and benefits from the proximity of the Amtrak Vermonter train, which stops nearby, attracting diners. Currently operating with limited hours (4-5 days a week), the business shows significant potential for expansion, including the addition of lunch and brunch services. The property's location is further enhanced by the construction of a new park and apartment building nearby, promising increased foot traffic and clientele. The asking price is $550,000 ($152.78/sq ft). The property is currently vacant, allowing for immediate occupancy and customization. Financial information is available to qualified buyers upon request. This is a rare chance to acquire a piece of Vermont history with substantial upside potential. The property is zoned for commercial use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $774,359
    6.5%
    $714,793
    7%
    $663,736
  • Comparable approach

    Method
    Valuation
    Relative Method
    $952,195
    Geo Method
    $950,912
  • Alternative Use

    Use
    Valuation
    Residential
    $602,955
    Hospitality
    $552,303
    Educational
    $459,510
    Medical
    $475,313
    Retail
    $714,793

Location Insight

City
Windsor
County
Windsor
State
Vermont
Latitude
43.48
Longitude
-72.3848
CBSA code
30100
CBSA name
LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$7,036
$68,110
$159,010
$227,120
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-
-
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