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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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8013 Vt Route 17 , Addison, VT 05491
$660,000
Est. Payment: $1,466.67/mo
0 Bed
0 Bath
3366 Sqft
Status: Active | Days on site: 11
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1293 - 626919
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House Description

For decades, The Bridge Restaurant has been a familiar Addison landmark, serving generations of local residents and travelers from its highly visible location near Lake Champlain, Historic Chimney Point, and the Lake Champlain Bridge connecting Vermont and New York. Now offered with an adjoining residence, this unique property presents an outstanding opportunity for an owner-operator, investor, entrepreneur, or developer seeking an established commercial property with flexibility and multiple potential revenue streams. Positioned at the crossroads of Vermont Routes 17 and 125, the property benefits from excellent visibility and exposure to local traffic, commuters, visitors exploring the Lake Champlain region, travelers crossing between Vermont and New York, cyclists, anglers, and four-season tourism. The restaurant building offers the foundation for numerous commercial possibilities. Continue its long history as a restaurant or reinvent the property as a brewery or taproom, bakery/café, farm-to-table concept, specialty food business, catering operation, event venue, retail destination, or other creative commercial venture. The included residence next door significantly expands the property's investment potential and versatility. An owner-operator can live just steps from the business, while an investor may choose to utilize the home as a long-term rental, employee housing, or potentially a short-term rental, subject to applicable permitting and regulations. The combination creates an unusual opportunity to generate both commercial and residential income from one property. With an established location, excellent road exposure, two distinct buildings, residential flexibility, and decades of history and name recognition, The Bridge offers a compelling foundation for its next owner. Operate the existing business, lease the spaces, introduce a new concept, or reposition the property around your own vision. The infrastructure, location, and opportunity are already here.

Highlights

Listed by Alex Pintair , 802-777-5124 Four Seasons Sotheby's Int'l Realty , 802-864-0541.

Property Type

Commercial Sale

Lot/Acreage
0.86

Year Built

1978

County

Addison

Listing ID

5105718

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central AC
Fireplaces:
Basement:Yes,Assigned Storage,Basement Stairs,Concrete,Concrete Floor,Interior Access,Interior Stairs,Locked Storage,Storage Space,Unfinished

Exterior Features

Lot:Abuts Conservation,Corner,Country Setting,Field/Pasture,Level,Major Road Frontage,Mountain View,Recreational,Lake Champlain, Waterbody Type: Lake
Zoning:mixed
Roof:Asphalt Shingle
Sewer:Septic
Parking Features:Garage,On-Site,Parking Spaces 21+,Unpaved
Principal Interest
$1,467
Taxes
$773

Home Price

$660,000

Loan Details

30 yrs
%

Down Payment

20%
$132,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,466.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,466.67 $772.99 $0.00 $2,239.66
Yearly $17,600.00 $9,275.86 $0.00 $26,875.86
Total $528,000.00 $278,275.80 $0.00 $806,275.80

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Addison, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.