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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4697 Main St Manchester, VT 05255

1,264 SF 0.21 ac lot Built 1971
Property ID
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity in Manchester, Vermont presents a fully renovated 1,264 sq ft space, perfectly situated on Main Street. The property, built in 1971 and extensively renovated in 2023, boasts a completely new kitchen, updated water service, and state-of-the-art refrigeration equipment. The 50-seat restaurant features brand new booths, tables, chairs, and flooring, along with renovated bathrooms. An attached space, also renovated, operates as a successful ice cream parlor, adding to the business's revenue streams. The restaurant currently operates as a breakfast/lunch establishment with ice cream sales extending into the evening, offering significant potential for expansion and diversification. The property benefits from excellent walk-by traffic and ample paved parking, ensuring high visibility and convenient customer access. Located in a C-1 zoned area, the 0.21-acre lot provides a solid foundation for continued success. The business is offered with a 5-year triple net lease at $2500 per month, with the tenant responsible for landscaping, snow removal, and other standard maintenance expenses. The asking price for the business is $350,000. This is a rare opportunity to acquire a thriving, well-established restaurant in a prime location, ready for immediate operation and future growth. The intelligent design and efficient layout make this a highly functional and clean operation, poised for continued success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1971
Total area 1,264 SF
Lot 0.21 ac (9,148 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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