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    18 Cross St Brighton, VT 05846

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    For Sale
    $225,000

    Restaurant and apartment building in Island Pond, Vermont.

    Property size:
    3,360 SF
    Lot size:
    0.05 Acres

    Property Features for 18 Cross St

    General Information

    Size
    3,360 SF
    Lot size
    0.05 Acres

    Source: CENTURY 21 Farm & Forest | Burkey Agent Emma Gunn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant with Apartment Above

    This three-story building offers a turnkey restaurant opportunity in the heart of Island Pond. The restaurant includes furnishings, tables, chairs, dishware, kitchen equipment, and inventory. The dining room accommodates 48 guests, and take-out service is available. The building also features a three-bedroom apartment with a private entrance, offering a convenient commute to work or potential rental income. The apartment includes a combined kitchen and dining area, a living room, an entry/bonus space, a full bath with a laundry area, and two enclosed porches. The second floor has three bedrooms and a half bath. One bedroom includes an adjoining room suitable for an office or walk-in closet. The primary bedroom features a deck with views of the village and lake, ideal for watching parades and fireworks. The property is located in the Northeast Kingdom community.
    Location Intelligence

    Current Use by Public Records

    Hobo's Cafe Restaurant

    Suggested Use

    Restaurant Law Firm Dental Office Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Hotel & Motel Food Market Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brighton
    County
    Essex
    State
    Vermont
    Longitude
    -71.881315
    Latitude
    44.8148151

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    FAQs

    What type of property is this?
    Turn key restaurant - Restaurant and apartment building in Island Pond, Vermont.
    Where is this turn key restaurant located?
    The property is located at 18 Cross St Brighton, VT.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity with all furnishings, kitchen equipment, and inventory included.; - Spacious 3-bedroom apartment offers convenient living or rental income potential.; - Prime location in the heart of the vibrant Island Pond community.
    (802) 673-9401
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    Brighton, VT 05846
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18 Cross St Brighton, VT 05846
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