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    3429 Us-4 Killington, VT 05751

    For Sale
    $3,880,000

    Prime VT Retail, Development Potential

    Property size:
    9,396 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Killington, Vermont property presents a unique investment opportunity encompassing a thriving, award-winning ski and snowboard retail business and significant development potential. The 9,396 square foot, two-story building, constructed in 1998, boasts a prime location on Route 4, a major state highway, enjoying high visibility and traffic counts reaching 26,000 vehicles daily. The property includes a well-established retail operation with online sales, rental equipment, and a loyal customer base. The building features a spacious showroom, workshop, offices, and ample storage. The included inventory of rental and demo equipment, fixtures, and POS systems provides a turnkey operation. Beyond the existing business, the 6.8-acre lot offers substantial development potential. Permitted zoning allows for expanded commercial and residential uses, including multi-family dwellings, hotels, restaurants, or other recreational facilities. This presents a rare chance to capitalize on Killington's robust tourism and ongoing growth, fueled by recent significant investments in infrastructure and resort expansion. The property's strong NOI of $236,000 and a 6.08% cap rate further enhance its investment appeal. The asking price is $3,880,000, with an occupancy date of November 1, 2023. This is a truly exceptional opportunity to own a piece of Killington's vibrant future. The property is offered as a single unit, with ownership held via corporation and warranty deed.

    Property Features for 3429 Us-4

    General Information

    Property type
    Lifestyle centers
    Square Feet
    9,396 SF
    Lot Size
    296,208 SF

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Exceptional investment opportunity: Killington Resort sold to local investors with a proven track record and deep community ties.
    • New ownership committed to enhancing Killington's position as a premier world‑class resort.
    • Investors pledge to maintain Killington's strong local presence and foster community growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Killington
    County
    Rutland
    State
    Vermont
    Longitude
    -72.7853685
    Latitude
    43.6664053

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    FAQs

    What type of property is this?
    Lifestyle center - Prime VT Retail, Development Potential
    Where is this lifestyle center located?
    The property is located at 3429 Us-4 Killington, VT.
    What is the asking price?
    The asking price for this property is $3,880,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Killington Resort sold to local investors with a proven track record and deep community ties.; New ownership committed to enhancing Killington's position as a premier world-class resort.; Investors pledge to maintain Killington's strong local presence and foster community growth.
    Request Owner's contact information
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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
    3429 Us-4 Killington, VT 05751
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