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Property profile & analytics
OFF-MARKET
Commercial real estate

63 Town Line Rd Mendon, VT 05701-9726

1.5 ac lot
Entity Owned 8-yr Hold Free & Clear
Property ID
US89-0243418
Property summary
AI-generated overview

This exceptional 3,219 square foot restaurant located at 63 Townline Road, Mendon, VT presents a unique investment opportunity. Formerly the well-regarded Countryman's Pleasure Austrian restaurant, this property boasts a charming atmosphere and ample seating for 102 guests. The main dining area features hardwood floors, exposed beams, a mix of booths and tables, and a welcoming bar area, all enhanced by multiple propane stoves. A lower level provides additional seating and a separate entrance, adding to the property's versatility. The commercial kitchen has undergone recent updates, ensuring efficiency and functionality. Upstairs, convenient office space is available. The property sits on 1.5 acres and includes a large on-site parking area, providing ample space for patrons. This turnkey operation is ideally situated just minutes from Killington, offering excellent access to a thriving tourist market. The seller is open to exploring creative financing options, particularly for chefs seeking restaurant ownership. This is a rare chance to acquire an established and well-loved restaurant with significant potential for growth and profitability. Don't miss this chance to own a piece of Vermont's culinary scene.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.5 ac (65,340 SF)
APN (119) 060235000
UPID US89-0243418
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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by Request
Owner & transaction history
Suisse Chalet LLC · 8 yrs held
Suisse Chalet LLC
since 2018
Last sale
$264,300
2 recorded transactions
2018
$225,000
2008
$1
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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