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Property profile & analytics
FOR LEASE
Investment properties

192 Chelsea St Royalton, VT 05068

8,194 SF 0.11 ac lot Built 1989
Entity Owned 18-yr Hold Free & Clear
Property ID
US89-0081708
Property summary
AI-generated overview

This exceptional commercial property at 192 Chelsea Street in Royalton, Vermont, offers approximately 830 square feet of street-level space in a prime downtown location. Situated at a major intersection in South Royalton, this property boasts excellent visibility and exposure. Across the street from Vermont Law School, it benefits from high foot traffic and proximity to a significant student population. The space overlooks the village green, providing an attractive and accessible setting for a variety of businesses. Previously used as a dining area for a restaurant/bar/pizza establishment, the space is versatile and adaptable to various commercial uses. Some existing restaurant furniture, including tables, chairs, and booths, remains on the premises. The total building size is 8,194 square feet, and this offering comprises a portion of that space. The property sits on a 0.11-acre lot. The asking price is $2,000. Utilities are tenant-responsible, with heat and electricity prorated based on square footage. This presents a unique opportunity for a business seeking a high-traffic, visible location in a vibrant Vermont community. The proximity to Vermont Law School is a significant advantage, offering a built-in customer base and potential for synergy.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1989
Construction FRAME
Total area 8,194 SF
Lot 0.11 ac (4,792 SF)
APN (168) L--330
UPID US89-0081708
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
Current use
Occupant on record · Public records
  • Broadbrook Volunteer Fire Department Fire Station
  • Allied Property Solutions Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$847k
Blend (final) Blend
$605k
Owner & transaction history
GREEN GROUNDHOG LLC
GREEN GROUNDHOG LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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