8005 Vt Rte 17th W Addison, VT 05491-8715
This exceptional 0.86-acre property at 8005 VT Route 17 West, Addison, VT, presents a unique investment opportunity. The 1,976 square foot building boasts a fully equipped restaurant with a loyal customer base and a convenient snack window, ideally situated for catering to both summer and winter tourism. Its prime location on the Vermont West Coast bike byway offers unparalleled access to the picturesque beauty of Lake Champlain, the Adirondack Mountains, and the Green Mountains. The property's proximity to the lake makes it perfect for a variety of businesses, including a microbrewery with outdoor seating, or a bait and tackle shop catering to ice fishing enthusiasts. The included immaculate house provides additional income potential as a rental property or comfortable on-site living for the owner. The property's rich history and stunning location offer a rare chance to establish a thriving business in a vibrant community. The asking price is $559,900, and the seller is motivated. This is a turnkey operation ready for a new owner to take the reins and capitalize on the existing customer base and the area's natural beauty. The property is zoned for commercial use and is ready for immediate occupancy. Don't miss this chance to own a piece of Vermont's history and natural beauty.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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.