4697 Main St Manchester, VT 05255
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.