Brattleboro, VT | 464 Putney Road

Description

The Marina at the Retreat Meadows presents a unique opportunity to acquire a portfolio of waterfront properties with remarkable potential for growth. The three properties with their four buildings include a highly successful 320-seat restaurant as a NNN tenant in operation for over 30 years including a 40-slip small boat marina popular with both paddlers and motor boaters; a renovated former milk plant and adjacent farmhouse that house State of Vermont offices plus four recently renovated apartments; and the 1950s Rollerdrome building with a mix of retail and commercial tenants. With 3.7 acres and over 750 feet of waterfront at the confluence of the Connecticut and West Rivers, the campus is the only commercial waterfront property in Brattleboro with adequate onsite parking. The site enjoys high visibility, with more than 13, 000 vehicles passing daily. The location at the terminus of the 36-mile West River Rail Trail, popular with walking, biking and birding enthusiasts, is a magnet for residents and vacationers alike. Imagine the many fitness and recreational possibilities within close proximity of Brattleboro’s vibrant downtown, renowned for its arts, dining, and music scenes! All three parcels are available for $5, 500, 000 at a 8 cap, or the core campus, excluding the Rollerdrome, is offered at $4, 000, 000 (MLS #5067936). Buyers wishing to acquire additional property should inquire.