626 Broad St - Freestanding FOR SALE


Lyndonville, VT 05851
$550,000 USD
802-673-8876
626 Broad St, Lyndonville, VT for Sale
$550,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

626 Broad St
Lyndonville, VT 05851


HIGHLIGHTS

  • 4,832-SF Vacant Restaurant on a +/-1.26 Acre Parcel | Commercial Zoning | 2005 Construction Built Above Flood Plain
  • 2 Entrances With Wheelchair Ramp & Large, Lighted Parking Lot: 39 Spaces | Dock High Roll-Up Door On North Side of Building With Easy Truck Loading
  • Located Within an Opportunity Zone
  • High Visibility Directly Off of Broad Street, Seeing Over 12,500 Vehicles Per Day | 1 Mile Off of Interstate 91 Exit 23 Into Lyndonville: 11,100 VPD
  • Proximity to Downtown Lyndonville Along US-5 Going Through Downtown | Located Near National Tenants Such as McDonald’s, ACE Hardware, Walgreens, &More
  • 2 Miles From Vermont State University Lyndon Campus, With 1,200+ Students and Staff | Lyndonville is Less Than Two Hours From Mount Washington

OVERVIEW

Prime Commercial Opportunity in the Heart of the Northeast Kingdom! Ideally located just off Interstate 91 at Exit 23, this highly visible commercial property offers exceptional exposure along busy Broad Street (~12,000 vehicles per day). Formerly operated as a successful buffet-style restaurant, the building is well suited for a restaurant, brewery, catering operation, retail business, office, medical use, or many other commercial ventures. Constructed in 2005, the approximately 4,832-square-foot building sits on a generous 1.26± acre commercial lot and was built above the floodplain. The layout includes a spacious dining area, commercial kitchen infrastructure, multiple entrances including an accessible entrance with wheelchair ramp, and a convenient loading area with dock-height overhead door for deliveries. A large paved and lighted parking lot provides approximately 39 parking spaces, making it easy to accommodate customers and staff alike. The property benefits from 400-amp, three-phase electrical service and enjoys outstanding visibility from one of Lyndonville's busiest commercial corridors including national retailers and restaurants. It is just minutes from Vermont State University-Lyndon, and serves both local residents and the steady stream of travelers visiting Burke Mountain, Kingdom Trails, Lake Willoughby, and the many recreational destinations throughout the Northeast Kingdom. Whether you're looking to establish a new restaurant, relocate an existing business, or repurpose the building for another commercial use, this is a rare opportunity to acquire a highly recognizable property in one of the region's most desirable commercial locations. Owner would consider a long term NNN lease at $10/sqft to a qualified tenant but would prefer to sell.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Redevelopment/Owner-User Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

Commercial

APN/PARCEL ID

369-114-10267

ASK ABOUT THIS PROPERTY

Nicholas MaclureCentury 21 Farm & ForestMore Info
802-673-8876

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Nicholas MaclureCentury 21 Farm & ForestMore Info
802-673-8876

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.