1675 Us Rte Waterbury Village Historic District, VT 05676
- Retail properties
- 1 SF
Current Use by Public Records
- Retail properties
Property Details for 1675 Us Rte
- Property size
- 1 SF
- Property type
- Retail properties
Description
This exceptional retail space, formerly a popular cider house and pub, is located in the charming Waterbury Village Historic District at 1675 US Route 2, Vermont, 05676. Recently and completely remodeled, this property offers approximately 125-138 seats (please note a discrepancy exists between the Waterbury permit and site plan). The space features on-site septic and a public transient non-community water supply. Detailed information regarding permits (WW-5-4055 & WW-5-4055-1) and a civil engineer's summary are readily available online. Environmental information has been provided. The lease includes a list of fixtures and equipment available upon request. Rent is $1,500 per month for the first year, inclusive of heat, electricity, water, trash removal, and a pro-rata share of snow plowing and lawn care. Rent increases to $2,000 per month in the second year and $3,500 per month in the third year, with a 3% annual escalator thereafter. This prime location presents a unique opportunity for a restaurant or similar business. The total building square footage is 1 square foot, with 1 square foot currently vacant.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterbury Village Historic District
- County
- Washington
- State
- Vermont
- Longitude
- -72.7918
- Latitude
- 44.3556
