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Restaurant with Banquet Room
For Sale
$599,000

272 Route 4A W, Castleton, VT 05735

Commercial Sale, Castleton, VT

Property SizeContact for details
Lot Size2.78 Acres
Days on Market37

Property Features for 272 Route 4A W

General Information

Property type Commercial Sale
Property subtype Other
Zoning Village Commercial
Rooms Basement
Accessibility Accessible Approach with Ramp
Lot features Landscaped, Level, Major Road Frontage, Neighbor Business, Sidewalks, Street Lights
Directions Castleton Four Corners, Route 4A West, Property on right, sign on property.
Standard status Active
Lot size 2.78 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12060

Utilities

Utilities Propane
Heating system Baseboard, Natural Gas, Oil, Forced Air, Hot Water(Heating), Ductless (Heating), Heat Pump (Heating), Electric (Heating), Propane (Heating)
Cooling system Zoned, Multi Units, Central Air, Ductless
Water source Public

Building Details

Year built 1970
Building materials Wood Frame, Shake Siding
Roof type Shingle
Listing Agency: Westside Real Estate
Listed By: Melissa Loughan
Added: Aug 2 Changed: Sep 3 Last Checked: Sep 7 at 8:06PM
MLS# 5103040

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This former restaurant property combines a one-level dining facility with three separate dining areas, a dedicated banquet room, and a large bar in its own room. The building also includes office space and cook’s quarters, with an apartment positioned behind the restaurant. It has an accessible approach with ramp and was previously licensed for 200 seats. Some flooring and cosmetic updates are needed, while the newer shingle roof carries owned solar panels.

Set on 2.78 acres with 274 feet of road frontage, the property includes a large parking lot and is zoned Village Commercial. The address is on Route 4A W in Castleton, near Castleton Four Corners, Vermont State University, Lake Bomoseen, and area skiing. Portions of the building may be repurposed for office or retail use, subject to permits.

Key Highlights

  • 2.78‑acre restaurant property with 274 feet of road frontage
  • Three dining areas plus a separate banquet room and dedicated bar room
  • Previously licensed for 200 seats

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby
25k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 36% Home Improvements & Furnishings 10%
Dunkin' Donuts Dining
12,800 visits/mo 0.3 miles
Mobil Shops & Services
6,509 visits/mo 0.3 miles
Gilmore Home Center Home Improvements & Furnishings
2,550 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
1,682 visits/mo 0.3 miles
Sunrise Family Restaurant Dining
979 visits/mo 0.3 miles

Demographics for 05735, VT

4,019
Population
1,746
Households
2.3
Avg Household Size
37
Median Age
39%
College-Educated
96%
High-School Grad
44.3 sq mi
ZIP Area
91
Density / Sq Mi
$76,816
Median Household Income
$25,593
Median Earnings
$1,310
Median Rent
$226,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - One-level facility includes dining, office, and cook’s quarters alongside a separate event room.
Where is this conventional restaurant located?
The property is located at 272 Route 4A W Castleton, VT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2.78‑acre restaurant property with 274 feet of road frontage; Three dining areas plus a separate banquet room and dedicated bar room; Previously licensed for 200 seats
More about this property
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