3429 Us Route 4, Killington, VT 05751

9,396 SF | Retail Building | Killington, VT 05751 | $3,880,000 ($413/SF) | 6.08% Cap Rate

Date Added:
September 16, 2024
Days on Market:
7 days

Asking Price $3,880,000

Property Type
Retail, Restaurant
Square Feet
9,396 SF
Price / Square Foot
$413

Listing Contacts

Cathy Quaglia
Cathy Quaglia
Verified Profile
  • Property Info

Property Overview

PRIME COMMERCIAL REAL ESTATE, housing Aspen East Ski Shop & Surf the Earth Snowboards, an amazing turnkey opportunity in Killington, Vermont. Don't get a job, buy a rewarding career...Own this premiere award-winning shop for over 48 years in New England with online stores, loyal and new growing customer base. Two-story 9,396 sq. ft. steel frame contemporary building with radiant floor oil heat, round stone gas fireplace, double circular driveway, plenty of parking.
You can't even buy this prime land, get permits, build this size building, establish our programs, systems and offerings TODAY for this whole package price!
First floor: large deck entrance to retail showroom, fireplace, utility/furnace room, half bath, large workshop for tuning and repair. Second floor: offices, fixture/storage room, warehouse/shipping to loading dock for tractor trailer deliveries.
FFE includes updated profitable demo and rental fleet of skis, boots, snowboards, custom designed rental racks & fixtures, binding tester, computers, displays, 3 counters. NEW Rental Reservation System.
Inventory value fluctuates/to be sold separately. Great potential to subdivide or build on 5.89 acres; Town zoning allows other possible residential and commercial uses and extra density, in a PUD (planned unit development). This rare prime acreage also goes back to the end of a residential subdivision town road cul-de-sac for access to building site(s) with high mountain trail views of Killington and Pico ski areas.
LIVE, WORK AND PLAY in Vermont with the lifestyle you've always dreamed of...enjoy a healthy environment, wonderful community, Town, schools, ski academy, and great Killington-Pico management with longest season in the East!
Great location and visibility with 537 ft. frontage on major E-W Route 4 highway with high traffic counts, up to 26,000 depending on day and season. Shop is centrally located close to Killington and Pico Mountains, near Skyeship Gondola and Bear Mountain lifts and parking lots. The Killington-Pico Area Association promotes area businesses, and its Welcome Center is located 1 mile West of the shop on Route 4.
Killington Elevation & Mountain Stats - Largest Ski Resort In the East is very active year-round, with concerts, events, 2 golf courses, lift-serviced mountain biking and town trails. Killington sees over 1 million visits annually, with significant growth in the summers over the past 10 years, particularly in mountain biking which has seen an over 2,000% increase in annual visits since 2013. The region attracts people from all over the world, but experiences frequent travelers primarily from MA, NY, NJ, and CT with over 50% of visitors reporting a HHI over $150k.
Pico Mountain Stats - Killington, VT with its junior racing programs, hiking the nearby Appalachian Trail, canoeing and fishing the many area lakes, and foliage season make outdoor life in the Green Mountain State so special. Explore natural wonders at nearby Thundering Brook waterfall, Deer's Leap scenic overlook and much more. Killington Access Road has a variety of restaurants and night life. Easy drive to town for groceries, shopping and services.
Killington voters approved $47 million in March 2023 and NOW IN PROGRESS to build NEW: Six Peaks Village on 1,000+ Acres, upgrades to the Killington Access Road, Municipal Water System, Workforce Housing and Town Center Offices.
NDA and Buyer Questionnaire required prior to showing.
Owners wish to retire and will consider providing transition guidance. NOW IS THE TIME.
Disclosure: Cathy Quaglia, a Licensed VT listing agent is also a co-owner.

Property Details

Class
B
Year Built
1998
Stories
2
Property Subtype
Storefront Retail/Office, Office/Residential
Lot Size (sq. ft)
256,568 SF

Highlights

  • Large open retail space, comfortable workplace and inviting to customers. High ceilings & second story windows bring the outside in.
  • Development Potential. Opportunity awaits on 5.89 Acres. Use your imagination, add indoor golf, popular pickleball or other attractions.
  • Take advantage, add other sports & products, by opening 4 extra mos. (May thru August) when retail shop is closed, but online orders continue to ship

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