About This Home

This 0-bedroom, 0-bathroom single family at 626 Broad Street in Lyndon, VT is listed for $550,000. Built in 2005, on a 1.26 acres lot.

Key Features

  • Built in 2005
  • 1.26 acre lot

Property Details

2005
Listing Description

Prime Commercial Opportunity in the Heart of the Northeast Kingdom! Ideally located just off Interstate 91 at Exit 23, this highly visible commercial property offers exceptional exposure along busy Broad Street (~12,000 vehicles per day). Formerly operated as a successful buffet-style restaurant, the building is well suited for a restaurant, brewery, catering operation, retail business, office, medical use, or many other commercial ventures.

Constructed in 2005, the approximately 4,832-square-foot building sits on a generous 1.26+/- acre commercial lot and was built above the floodplain. The layout includes a spacious dining area, commercial kitchen infrastructure, multiple entrances including an accessible entrance with wheelchair ramp, and a convenient loading area with dock-height overhead door for deliveries.

A large paved and lighted parking lot provides approximately 39 parking spaces, making it easy to accommodate customers and staff alike. The property benefits from 400-amp, three-phase electrical service and enjoys outstanding visibility from one of Lyndonville's busiest commercial corridors including national retailers and restaurants.

It is just minutes from Vermont State University-Lyndon, and serves both local residents and the steady stream of travelers visiting Burke Mountain, Kingdom Trails, Lake Willoughby, and the many recreational destinations throughout the Northeast Kingdom.

Whether you're looking to establish a new restaurant, relocate an existing business, or repurpose the building for another commercial use, this is a rare opportunity to acquire a highly recognizable property in one of the region's most desirable commercial locations. Owner would consider a long term NNN lease at $10/sqft to a qualified tenant but would prefer to sell.

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

626 Broad Street

Lyndon, VT 05851

Property Details

Construction

Wood Frame

Heating

Other (Heating)OilPropane (Heating)Radiant

Questions & Answers

This 0-bedroom, 0-bathroom single family at 626 Broad Street is listed at $550,000. The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2005, 1.26 acre lot.

This property is listed by Nicholas Maclure and can be reached at (802) 334-1200.

NM

Nicholas Maclure

Agent at Century 21 Farm & Forest

(802) 334-1200

Listed by Century 21 Farm & Forest

MLS# 5101292· Source: listhub· 1 day on market

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626 Broad Street, Lyndon, VT 05851

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