Killington Route 4 Retail
3471 US Route 4 Killington, VT 05751
For Sale
$675,000
Renovated retail building on a commercially zoned acre.
Property Size2,971 SF
Lot Size1.00 Acre
Price / SF$227.20
Days on Market95
Property Features for 3471 US Route 4
General Information
Standard status
Active
Size
2,971 SF
Lot size
1.00 Acre
Property subtype
Commercial
Building Details
Year Built
1958
Listing Agency:
Killington Valley Real Estate
(802) 345-3797
Listed By:
Cathy Quaglia
(802) 345-3797
Source:
Elliman
Added: Apr 27
Changed: Jul 10
Last Checked: Jul 30 at 6:33AM
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
Investment Insights
Based on property information with market context.
Located on Route 4, a major east-west state highway known as "The Gateway to Killington", this 2,971 square foot building was renovated in 2022. The property is leased to Luce Farm Wellness at $3,000 per month through September 14, 2026. Situated on a 1-acre commercially zoned parcel, the building features retail space, a half bath, a lab, a commercial kitchen, offices, and storage areas. Town and state permits were obtained for CBD manufacturing, internet sales, and retail. Formerly the Aspen East Ski Shop & Surf the Earth Snowboards retail site, the property is suitable for shipping and office use. It is located minutes from the Killington Skyeship base, Bear Mountain lifts & trails, nightlife, and restaurants up Killington Access Road. The property is also convenient to town for shopping, services, and the Rutland Regional Medical Center. The area offers mountain biking and two golf courses. The Killington Independence Group LLC has pledged $30 million to grow the resort, add parking, upgrade lifts, build a new Bear Mountain Lodge, and expand the snowmaking and mountain bike trail system.
Key Highlights
- Excellent location on Route 4, 'The Gateway to Killington', with high traffic counts.
- Leased at $3,000 per month to Luce Farm Wellness thru September 14, 2026.
- 2,971 square foot building renovated in 2022.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.2k | $13.20 |
| − Vacancy | −$4.7k | −$1.58 |
| EGI | $34.5k | $11.62 |
| − OpEx | −$10.4k | −$3.48 |
| NOI | $24.2k | $8.13 |
2,971 SF · lease $13.20/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$345.1K
$302.0K – $402.6K
NOI $24,158 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$517.3K
$452.6K – $603.5K
NOI $36,210 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Renovated retail building on a commercially zoned acre.
Where is this retail space located?
The property is located at 3471 US Route 4 Killington, VT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Excellent location on Route 4, 'The Gateway to Killington', with high traffic counts.; Leased at $3,000 per month to Luce Farm Wellness thru September 14, 2026.; **2,971 square foot building renovated in 2022.**
