Property profile

28 Spring Tree Rd Brattleboro, VT 05301

FOR SALE
Turn key restaurants
Property ID
US89-0202542
5,314 SF 0.7 ac lot Built 2011
Entity Owned 24-yr Hold Free & Clear
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Property summary

AI-generated overview

The Marina at the Retreat Meadows is a Brattleboro, Vermont waterfront property campus comprising approximately 2.79 acres with about 400 feet of waterfront at the confluence of the Connecticut River and the West River. The portfolio includes a 320-seat restaurant that has operated for over 30 years under a net lease structure, a small boat marina with 40 slips, and a renovated former milk plant with adjacent renovated farmhouse buildings configured for office use for the State of Vermont. The campus also includes four recently renovated apartment units, and onsite parking is provided. The properties are positioned for visibility from a nearby roadway with reported traffic exceeding 13,000 vehicles per day and are located at the terminus of the 36-mile West River Rail Trail, with proximity to recreational and fitness opportunities near downtown Brattleboro.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2011
Total area 5,314 SF
Lot 0.7 ac (30,492 SF)
Zoning code WW / W
APN (025) 00070555.000
UPID US89-0202542

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

28 Spring Tree Rd Brattleboro, VT 05301
Brattleboro metro Census 968600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
$669k
Blend (final) Blend
$510k

Owner & transaction history

Zoning & alternative use

WW / W · Brattleboro, VT
Top alternative use upside
Commercial (general) $560,000 +9.8%
Auto repair, garage $540,000 +5.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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