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Listed by Gary Coger • Four Seasons Sotheby's Int'l Realty
$675,000
Est. payment /mo
6,894 SqFt
UPDATED:
11/26/2024 08:32 PM
Key Details
Property Type Commercial
Sub Type Multi-Family,Office,Opportunity,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,894 sqft
Price per Sqft $97
MLS Listing ID 5023262
Year Built 1880
Annual Tax Amount $13,585
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Property Description
Unlock the potential of this exceptional mixed-use property, offering a solid income stream and tremendous future upside. Ideally situated in the heart of town, this well-maintained building spans over 6,800 sq. ft. and is currently home to 5 residential units and 6 office units, with potential for retail conversion. Located in the center of town, providing excellent visibility and foot traffic, with easy access to amenities, and major roadways. The property currently generates solid monthly rental income from the residential and office units, with significant potential for increased rents after updates and improvements. The 5 residential units are in good condition but could benefit from updates, offering an opportunity to increase rental rates and enhance value through renovations. The 6 office units offer flexibility for a variety of businesses, with the added benefit of retail potential on the ground floor. Spanning over 6,800 sq. ft., this property offers ample space for both residential and commercial tenants, with room for potential expansion or redevelopment.
Location
State VT
County Vt-windsor
Area Vt-Windsor
Zoning mixed
Interior
Inclusions Building Only, Building
Exterior
Utilities Available Cable - Available, Multi Phone Lines, Telephone Available
Building
Sewer Public
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