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10 Prince St 6,600 SF Retail Building Randolph, VT 05060 $299,000 ($45.30/SF)
Investment Highlights
- Turn-key restaurant opportunity with furniture and equipment included in the sale.
- Dedicated stage area supports live music, comedy performances, and special events.
- Ample on-site parking provides convenient access for patrons and staff.
- Established dining venue featuring seating for 85 guests and outdoor seating areas.
- Recent improvements include a newly poured concrete slab and upgraded heating systems.
- Income-producing property with occupied spaces and tenants interested in renewing leases.
Executive Summary
Investors, entrepreneurs, and restaurateurs-take notice! Nearly 7,000 sq. ft. of opportunity awaits at 10 Prince Street. Currently home to The Forge Restaurant & Bar, this turn-key restaurant space offers wonderful ambiance, seating for 85 as currently configured, a stage for live music or comedy, ample parking, and outdoor seating. All restaurant equipment and furniture will convey with the sale, making this an incredible opportunity for a new owner to step right in or expand on the existing concept. The east side of the building features a newly poured concrete slab, a new Rinnai 38k BTU propane heater, and a new pellet stove. With both spaces currently rented and tenants interested in renewing, this property offers strong investment potential in Randolph's buzzing food scene. Bring your vision and put your creative spin on this exceptional space!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,600 SF
Building Class
C
Year Built
1900
Price
$299,000
Price Per SF
$45.30
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
5.40 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Amenities
- Restaurant
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 507-159-13775 | Improvements Assessment | $380,000 |
| Land Assessment | $0 | Total Assessment | $380,000 |
Property Taxes
Parcel Number
507-159-13775
Land Assessment
$0
Improvements Assessment
$380,000
Total Assessment
$380,000
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Contact the Sale Advisor
10 Prince St