26 Depot Windsor VT 05089 Commercial For Sale 550,000

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$550,000 | $190 per sq.ft. Commercial Property, in 26 Depot Street Windsor VT | Space type Food Service Windsor station restaurant subdivision, MLS# 4946823

Listed by Dick PalmerHospitality Consultants, LLC on March 28th 2023 26 Depot Street Windsor VT 05089

DESCRIPTION

One of the "MOST RETURN ON INVESTMENT RESTAURANTS IN THE STATE OF VT. Historic Masterpiece. The original station built around 1849 suffered extensive damage by fire, the Central Vermont Railway re-built this Depot in 1900. Windsor Station remained an active train station until the mid-sixties when the building was shuttered. In the mid-1970's a team leased the building from Central Vermont Railway and converted it into a restaurant. The restaurant changed hands in 1976 and was successfully run by the same family for 35 years. The building was abandoned in October of 2010. In April 2013 the current owner/operators rescued the then derelict property and made extensive renovations and added period decorations. Along with providing excellent food and service, they have turned the property into a thriving and successful operation. Amtrak service continues with the newly built platform alongside the building. The "Vermonter Train" runs from Washington D.C. to St. Albans-Burlington, VT passing through Baltimore, NYC, Philadelphia along the way. The Southbound train stops at Windsor Station around noon and the Northbound stops around 6pm to the delight of the dinners. Step inside this epic station and it will take you back to a different era. Windsor Station Restaurant is the pulse of the Town. Buyers will be asked to fill out a Prospect Package before receiving the financial information. Numbers support the price. Owners are only interested in talking with QUALIFIED BUYERS.
Building Type : Hospitality

Disability Features : 3 Ft. Doors | Access Parking | Hard Surface Flooring | No Stairs from Parking | One-Level Business | Paved Parking

Misc : Furniture Included | Security System

Sale Includes : Land/Building/Business
Signage-| Adequate
Price per SQFT | 190.44 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
Rail Service-| Unk

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FEATURES AND DETAILS

CONSTRUCTION:
Brick Exterior | Price Per SQ.FT. 190.44 | Year Built: 1900
No. of Units-| 1
Building Size | 2888

Building Type: Hospitality
Garage And Parking: On-Site | On Street
Road Frontage: 200
Heating: Forced Air | Mini Split
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Gas - LP/Bottle
No. of Docks | 0.
No. of Drive Doors | 2888.
AC % | 100.

LAND INFORMATION

ADDITIONAL INFORMATION

Lot size: 0.31 acres
Zoned: comm
Flood Zone: Unknown
Road Frontage: 200

Taxes $7,507 | Assesed Value $0 in

Coldwell Banker Homes Unlimited Real Estate

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