Built-Out Conventional
For Sale
Contact for pricing
53 Woods Ln, Killington, VT 05751
Flexible dining layout with a commercial kitchen, full-service liquor licensing, and guest parking.
Property Size1,500 SF
Price / SF$166.67
Days on Market198
Property Features for 53 Woods Ln
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Business for Sale
Listing Agency:
The Agency
Listed By:
Bryan Lanza · License #NY 10401287317
(914) 262-2598
Source:
Crexi
Added: Apr 3
Changed: Oct 4
Last Checked: Oct 16 at 8:30AM
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 The Agency
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Investment Insights
Based on property information with market context.
This approximately 1,500-square-foot restaurant is configured for à la carte dining and private functions, with a dedicated dining area and bar. The commercial kitchen includes an approximately 12-foot hood system and is designed for high-volume production. An adjacent room is available for lease from ownership, creating the option for a separate private dining or event area.
Active Type 1 and Type 3 liquor licenses permit service of beer, wine, and spirits throughout the premises, including the dining room and bar. Guests have access to complimentary on-site parking. The existing lease extends through June 30, 2029. The tenant pays propane, electricity, and internet, while real estate taxes are excluded from the tenant’s obligations. Public sewer serves the property.
Active Type 1 and Type 3 liquor licenses permit service of beer, wine, and spirits throughout the premises, including the dining room and bar. Guests have access to complimentary on-site parking. The existing lease extends through June 30, 2029. The tenant pays propane, electricity, and internet, while real estate taxes are excluded from the tenant’s obligations. Public sewer serves the property.
Key Highlights
- Approximately 1,500 square feet of restaurant space
- Commercial kitchen with an approximately 12‑foot hood system
- Active Type 1 and Type 3 liquor licenses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,188
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,760
$303.8K
Cap Rate 7%
$216,971
$217.0K
Cap Rate 9%
$168,756
$168.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.5K $15.00/SF
− Vacancy
−$2.3K −$1.50/SF
EGI
$20.3K $13.50/SF
− OpEx
−$5.1K −$3.38/SF
NOI
$15.2K $10.13/SF
Area
Rutland County, VT
Vacancy
10.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,760
Cap Rate 7%
$216,971
Cap Rate 9%
$168,756
Alternative Uses
Best Use
Specialty Retail
$217.0K
$189.9K – $253.1K
NOI $15,188 @ 7.0% cap · market cap 6.08%
Second Best
Industrial
$123.5K
$108.1K – $144.1K
NOI $8,647 @ 7.0% cap · market cap 3.46%
Theoretical Best
Healthcare Medical
$261.2K
$228.5K – $304.7K
NOI $18,282 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Flexible dining layout with a commercial kitchen, full-service liquor licensing, and guest parking.
Where is this conventional restaurant located?
The property is located at 53 Woods Ln Killington, VT.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 1,500 square feet of restaurant space; Commercial kitchen with an approximately 12‑foot hood system; Active Type 1 and Type 3 liquor licenses
