Addison VT Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5105718
Type:
General Commercial
Lot size:
0.86 Acres
Year built:
1978
Courtesy: Four Seasons Sotheby's Int'l Realty
View additional info

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Addison Real Estate

Addison is located in Vermont. Addison, Vermont has a population of 1,386. Addison is more family-centric than the surrounding county with 29.4% of the households containing married families with children. The county average for households married with children is 26.02%.

The median household income in Addison, Vermont is $93,438. The median household income for the surrounding county is $77,978 compared to the national median of $69,021. The median age of people living in Addison is 45 years.

Addison Weather

The average high temperature in July is 81.6 degrees, with an average low temperature in January of 9.7 degrees. The average rainfall is approximately 37.4 inches per year, with 70 inches of snow per year.

Addison Map

Addison Real Estate Market Conditions

  • Median sales price

    $967,500
    18.6%
    change since last quarter
  • # Active listings

    9
    30-day change

Addison Schools and Demographics

Education near Addison, VT

City County
High School Graduates 96.46 94.32
College Degree - 2 year 13.14 7.95
College Degree - 4 year 44.21 42.26
Graduate Degree 12.1 11.63
Expenditures per Student 23,727 23,727
Students per Teacher 12.8 12.8

Elementary Schools near Addison, VT

Grades Students P/T Ratio ZIP
Addison Central School PK - 06 83 15.3 05491
Beeman Elementary School PK - 06 91 10.2 05472
Bingham Memorial School PK - 06 82 9.6 05753
Bridport Central School PK - 06 90 11.1 05734
Ferrisburgh Central School PK - 06 190 11.6 05456
Middlebury ID #4 School PK - 06 461 15.8 05753
Vergennes UESD #44 PK - 06 317 16.7 05491
Weybridge Elementary School PK - 06 57 11.2 05753

Middle Schools near Addison, VT

Grades Students P/T Ratio ZIP
Middlebury Union Middle School 07 - 08 259 9.4 05753

High Schools near Addison, VT

Grades Students P/T Ratio ZIP
Middlebury Senior UHSD #3 09 - 12 641 13.7 05753
Vergennes UHSD #5 07 - 12 485 12.8 05491

Ungraded Schools near Addison, VT

Grades Students P/T Ratio ZIP
Patricia A. Hannaford Career Center UG - UG 0 05753

Demographics near Addison, VT

City County
Neighborhood Type
Population 1,386 37,306
Population Density 33 49
Median Age 45 43.8
People per Household 2.5 2.4
Median Household Income 93,438 77,978
Average Income per Capita 36,934 38,501

Real estate near Addison