Catylist ID:
#30867699
| Catylist Listing ID: | 30867699 |
| Property Subtypes: | Convenience Store, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
| Contiguous Space: | 2,175 SF |
| Gross Building Area: | See Agent |
| Lease Rate: |
$3,000 (Monthly) $16.55 PSF (Annual) |
| Lease Types: | NNN |
| In Opportunity Zone? | Yes |
| Last Updated: | 4/19/2024 |
Overview / Comments
|
2175 sf street level space with basement usage (2156+/- sf), as well, with great exposure at primary intersection in downtown South Royalton, across the street from Vermont Law School and overlooking the village green. Has been used as restaurant/bar/pizza shop in more recent years, and is outfitted for such, but, may have other suitable uses. Proximity to the Law School is a big bonus. The space currently includes horseshoe bar, dining room, kitchen with some equipment provided, and basement with walk-in coolers (unknown condition). Owner has just completed major renovations to space. Approximate NNN pass-through costs to tenant: 1. Property tax: approx. $480/mo. 2. Water: approx. $260/mo. (very dependent on usage) 3. Sewer: approx. $260/mo. (very dependent on water usage—same meter) 4. Heat: approx. $500/mo. Total, including rent, but, not including electric and propane averages about $4,500/mo. Electric and propane paid directly by tenant. |
Attachments & Media
Expand All Available Space
| Suite: Ground Floor | 2,175 SF | $3,000 (Monthly) NNN |
| Level/Floor: | Street level | |
| Space Available: | 2,175 SF | |
| Lease Rate: |
$3,000 (Monthly) $16.55 PSF (Annual) |
|
| Lease Type: | NNN | |
| Date Available: | 2/18/2024 | |
| Space Type: | New | |
| Tax Expenses | $15,530 PSF (Annual) | |
Additional Details
| Nearest MSA: | Lebanon |
| County: | Windsor |
| Tax ID/APN: | L-330~; Span: 534-168-10446 |
| Zoning: | NONE |
| Retail Clientele: | General, Business, Other |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Intersection of Chelsea St. and N/S Windsor St. |
| Highway Access: | 1/4 mile to VT Rte. 14; 15 min. to I-89; |
| Airports: | Lebanon Regional Airport--30 min. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Property Condition: | Good |
| Construction/Siding: | Brick |
| Parking Type: | Surface, Other |
| Parking Description: | Parking at street. |
| Sprinklers: | None |
| Heat Type: | Oil, Hot Water |
| Heat Source: | Baseboard |
| Internet Access: | Cable |
| Zoning Description: | No zoning in Royalton |
| Lot Frontage: | n/a |
| Lot Depth: | n/a |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 2,773 | 4,275 |
| Median Age: | 36.26 | 39.02 |
| Households: | 1,288 | 1,909 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
