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: $265,000
Unit Price: $265,000 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2021

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 currently leased by a catering business, is on a month-to-month basis, rent is $1900/mo. NNN, monthly CAM, $700. Tenant is expected to vacate in September. 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, and Dollar General, 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".
Interior inspections will be arranged only for serious potential buyers, so as not to disturb tenant unnecessarily.
Survey states property lies in 100-yr. flood hazard area, AE Zone. Elevation Certificate available.

Attachments & Media

Additional Details

Nearest MSA: Lebanon
County: Windsor
Taxing Authority: Town of Windsor
Tax ID/APN: 768-244-12274
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

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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


Photograph of Listing Agent

William H Johnson

Big Green Real Estate NECPE Member
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