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Redevelopment/Owner-User Opportunity 626 Broad St 4,832 SF Retail Building Lyndonville, VT 05851 $750,000 ($155.22/SF)
INVESTMENT HIGHLIGHTS
- 4,832-SF Vacant Restaurant on a +/-1.26 Acre Parcel | Commercial Zoning | 2005 Construction Built Above Flood Plain
- Located Within an Opportunity Zone
- Proximity to Downtown Lyndonville Along US-5 Going Through Downtown | Located Near National Tenants Such as McDonald’s, ACE Hardware, Walgreens, &More
- 2 Entrances With Wheelchair Ramp & Large, Lighted Parking Lot: 39 Spaces | Dock High Roll-Up Door On North Side of Building With Easy Truck Loading
- High Visibility Directly Off of Broad Street, Seeing Over 12,500 Vehicles Per Day | 1 Mile Off of Interstate 91 Exit 23 Into Lyndonville: 11,100 VPD
- 2 Miles From Vermont State University Lyndon Campus, With 1,200+ Students and Staff | Lyndonville is Less Than Two Hours From Mount Washington
EXECUTIVE SUMMARY
We're pleased to bring to market the offering for a Redevelopment/Owner-User Opportunity in Lyndonville, VT.
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,832 SF
Building Class
C
Year Built
2005
Price
$750,000
Price Per SF
$155.22
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.16 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
39 Spaces (8.07 Spaces per 1,000 SF Leased)
Frontage
565’ on Broad St
PROPERTY TAXES
| Parcel Number | 369-114-10267 | Improvements Assessment | $268,300 (2024) |
| Land Assessment | $195,200 (2024) | Total Assessment | $463,500 (2024) |
PROPERTY TAXES
Parcel Number
369-114-10267
Land Assessment
$195,200 (2024)
Improvements Assessment
$268,300 (2024)
Total Assessment
$463,500 (2024)
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Redevelopment/Owner-User Opportunity | 626 Broad St
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