2781 Route 5 North, Windsor, VT
Hospitality
for Sale
| Catylist Listing ID: |
30671200 |
| Number of Units: |
1 Units |
| Building Size (RSF): |
2,450 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.48 Acres
|
| Sale Price: |
$275,000 |
| Unit Price: |
$275,000 Per Unit |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/15/2021 |
Overview / Comments
Perfect for a drive-thru, take-out, delivery, catering type restaurant, consistent with current needs, this property was formerly a McDonald's, is now leased by a catering business. Lease is month-to-month, and buyer could either purchase vacant property, or continue with tenant. Lease details to be determined. Building has drive-thru window, probably not enough parking for sit-down restaurant. Located in a small shopping center with a Price Chopper, Aubuchon Hardware, within walking distance of downtown historic Windsor Village, on US Route 5, close to I-91 access, ski areas, local hospital. Zoned "Roadside Business", usage may be limited to restaurant/food business as a grandfathered non-conforming usage, or, another "Permitted Use" under the Windsor Zoning Regulations (see supporting documents)–"Restaurant" usage is a "Conditional Use" under the Regulations, which would require more acreage than exists here, as would other "Conditional Uses".
Broker has not seen the interior of the building. Interior inspections will be arranged only for serious potential buyers, so as not to disturb tenant. Initial exterior viewings are encouraged.
Survey states property lies in 100-yr. flood hazard area, AE Zone
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Additional Details
| Nearest MSA: |
Lebanon |
| County: |
Windsor |
| Taxing Authority: |
Town of Windsor |
| Tax ID/APN: |
768-244-12274 |
| Zoning: |
RB--ROADSIDE BUSINESS |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US Route 5 North |
| Feet of Frontage: |
131 |
| Highway Access: |
Located on US Route 5, near I-91 access |
| Airports: |
Lebanon Municipal Airport |
| Site Description: |
Site is flat, mostly paved, was part of a small shopping center, subdivided off. |
| Area Description: |
Windsor is a town of about 3450 people, located in the "Upper Valley" VT/NH region, about 20-25 minutes south of the Upper Valley centers of Hanover, Lebanon, NH and Hartford/White River Jct., VT, and Dartmouth College and Dartmouth Hitchcock Medical Center. Windsor lies along the Connecticut River, once with a strong industrial base, and having historic significance as the "Birthplace" of Vermont, where the original VT constitution was adopted in 1777, founding the Vermont Republic. There are several major ski areas within 45-60 minutes drive of Windsor. |
| Nearby Attractions: |
Several major ski areas lie within an easy drive of Windsor--Okemo, Sunapee, Killington/Pico, Dartmouth Skiway, Magic Mountain, Bromley, Stratton. Also, home to one of the longest covered bridges in the world, across the Connecticut River, connecting it with Cornish, NH. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Year Built: |
1997 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding |
| Exterior Description: |
Vinyl clapboard siding, asphalt shingle roofing |
| Total Parking Spaces: |
10 |
| Parking Type: |
Surface |
| Parking Description: |
Lined parking with 2 designated handicap spaces |
| Zoning Description: |
RB--Roadside Business |
| In Flood Plain?: |
Yes |
| Lot Frontage: |
131' |
| Lot Depth: |
163' at deepest point |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
Windsor Town Records, Book 180, Page 343 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,249 |
3,553 |
6,915 |
| Median Age: |
41.66 |
42.9 |
44.73 |
| Households: |
991 |
1,492 |
2,942 |
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