Mixed-Use Building with
New
For Sale
$599,000
3471 Rte 4, Killington, VT 05751
Renovated interior includes display space, a lab, commercial kitchen, offices, storage, and a half bath.
Property Size2,971 SF
Price / SF$201.62
Days on Market6
Property Features for 3471 Rte 4
General Information
Standard status
Active
Size
2,971 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,608
Building Details
Year Built
1958
Year Renovated
2022
Buildings
1
Building Size
2,971 SF
Listing Agency:
Killington Valley Real Estate
Listed By:
Cathy Quaglia
(802) 345-3797
Source:
Thepaulmartinteam
Added: Oct 30
Changed: Oct 31
Last Checked: Nov 3 at 5:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Killington Valley Real Estate
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Investment Insights
Based on property information with market context.
This 2,971-square-foot mixed-use building was constructed in 1958 and renovated in 2022. Its current layout includes a showroom, half bath, lab, commercial kitchen, offices, and storage areas. Town and state permits were obtained for CBD manufacturing, retail, and internet sales. The property is in Commercial zoning, and the building was originally a three-bedroom home.
The property fronts Route 4 in Killington, next to Aspen East. The highway is described as a major east-west state route. The site is minutes from Killington Skyeship base, Bear Mountain lifts and trails, and restaurants and nightlife along Killington Access Road. Town shopping and services, as well as Rutland Regional Medical Center, are also noted nearby.
The property fronts Route 4 in Killington, next to Aspen East. The highway is described as a major east-west state route. The site is minutes from Killington Skyeship base, Bear Mountain lifts and trails, and restaurants and nightlife along Killington Access Road. Town shopping and services, as well as Rutland Regional Medical Center, are also noted nearby.
Key Highlights
- 2,971‑square‑foot building renovated in 2022
- Showroom, lab, commercial kitchen, offices, storage areas, and half bath
- Town and state permits obtained for CBD manufacturing, retail, and internet sales
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,158
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,160
$483.2K
Cap Rate 7%
$345,114
$345.1K
Cap Rate 9%
$268,422
$268.4K
Market Conditions
NOI Build-Up for 2,971 SF
Gross rent
$39.2K $13.20/SF
− Vacancy
−$4.7K −$1.58/SF
EGI
$34.5K $11.62/SF
− OpEx
−$10.4K −$3.48/SF
NOI
$24.2K $8.13/SF
Area
Rutland County, VT
Vacancy
12.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,160
Cap Rate 7%
$345,114
Cap Rate 9%
$268,422
Alternative Uses
Best Use
Retail
$345.1K
$302.0K – $402.6K
NOI $24,158 @ 7.0% cap · market cap 4.03%
Second Best
Mixed Use
$343.8K
$300.8K – $401.1K
NOI $24,065 @ 7.0% cap · market cap 4.02%
Theoretical Best
Healthcare Medical
$517.3K
$452.6K – $603.5K
NOI $36,210 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
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Business Placement
Demographics for 05751, VT
1,415
Population
2,759
Households
0.5
Avg Household Size
46
Median Age
48%
College-Educated
100%
High-School Grad
46.7 sq mi
ZIP Area
30
Density / Sq Mi
$71,538
Median Household Income
$45,781
Median Earnings
$1,125
Median Rent
$477,500
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated interior includes display space, a lab, commercial kitchen, offices, storage, and a half bath.
Where is this mixed-use property located?
The property is located at 3471 Rte 4 Killington, 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: 2,971‑square‑foot building renovated in 2022; Showroom, lab, commercial kitchen, offices, storage areas, and half bath; Town and state permits obtained for CBD manufacturing, retail, and internet sales
