464 Putney Road Brattleboro, VT

$5,500,000
Acres 3.68
Photo of 464 Putney Road Brattleboro VT 05301




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.


Listed by Berkley & Veller Greenwood Country, John McPherson 802-254-6400

Details

MLS 5067513
Price $5,500,000
Status Active Under Contract
DOM 287 days
Type Commercial
Lot Size 3.68 acres
Taxes Paid $54,755

Lot & Building Features

Utilities Cable at Site, Propane
Sewer Public
Tax Year 2025
Taxes Paid $54,755
Water Metered, Public
Basement Description Full

Map

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Financing

$
20%
0.995552%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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