Bought with John C Nichols • EXP Realty
$700,000
$689,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
4,050 SqFt
SOLD DATE : 04/15/2022
Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $172
MLS Listing ID 4896361
Sold Date 04/15/22
Year Built 1895
Annual Tax Amount $11,830
Tax Year 2022
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Investment
Property Description
Great investment opportunity in this 3 story Downtown mixed use commercial building. Comprised of 2 retail storefronts on the ground floor, 4 residential apartments on the 2nd floor, and a vacant 3rd floor in need of renovation. Building also has a full basement divided into two spaces providing plenty of storage for the ground floor businesses. In addition to ample street parking there are 4-5 on site parking spaces at the rear of the building and a nearby municipal lot. Two new tenants just signed 5 year leases for the first floor storefronts and will begin renovation/fit up very shortly. The 3rd floor is 4,000 sq. ft. with 2 bathrooms and almost entirely open space with 16' ceilings. Bring your imagination to renovate and utilize this spacious 3rd story for additional revenue.
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning B1
Rooms
Basement Entrance Interior
Basement Walkout, Interior Access
Interior
Heating Gas - Natural
Cooling Central AC, Mini Split, Other
Exterior
Exterior Feature Brick
Parking Features Off Street, On Street, Parking Spaces 5
Garage Description Off Street, On Street, Parking Spaces 5
Utilities Available Cable, DSL, Gas - On-Site, High Speed Intrnt -AtSite, Internet - Cable, Telephone At Site
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Flat,Membrane
Building
Lot Description City Lot, Curbing, Sidewalks, Street Lights
Foundation Stone
Sewer Public
Water Public
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