List Price: $287,500 | $39 per sq.ft. Commercial
Space type
Date Listed Saturday Oct 14, 2023 | MLS# 4974326
Space type
Date Listed Saturday Oct 14, 2023 | MLS# 4974326
To see this Listing
Address: 1115 Route 4a West Castleton VT
Listed by Hughes Group Team Casella Real Estate
Description:
Discover an exceptional investment opportunity with this versatile 4-unit multiuse building. This property features a strategic mix of two spacious offices and 2 two-bedroom open-concept apartments, providing a diverse range of potential income streams. Unlock the full potential of this property with the possibility to convert the existing office space into additional apartments, enhancing rental income and maximizing return on investment. The finished space in the basement offers even more possibilities, whether utilized as a studio, office, or transformed into an extra apartment. 1.21 acres of the property are leased to the Town of Castleton through June of 2086 for an annual amount of $1. The purpose of this lease is for a community recreation area, no structures may be built on the property. Don't miss the chance to own a property that not only offers immediate revenue but also provides strategic options for future growth. Call today to schedule a viewing and explore the endless possibilities this multiuse building presents.
Building Type : Multi-Family | Office
Sale Includes : Building Only
Listed by Hughes Group Team Casella Real Estate
Description:
Discover an exceptional investment opportunity with this versatile 4-unit multiuse building. This property features a strategic mix of two spacious offices and 2 two-bedroom open-concept apartments, providing a diverse range of potential income streams. Unlock the full potential of this property with the possibility to convert the existing office space into additional apartments, enhancing rental income and maximizing return on investment. The finished space in the basement offers even more possibilities, whether utilized as a studio, office, or transformed into an extra apartment. 1.21 acres of the property are leased to the Town of Castleton through June of 2086 for an annual amount of $1. The purpose of this lease is for a community recreation area, no structures may be built on the property. Don't miss the chance to own a property that not only offers immediate revenue but also provides strategic options for future growth. Call today to schedule a viewing and explore the endless possibilities this multiuse building presents.
Building Type : Multi-Family | Office
Sale Includes : Building Only
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1890
Wood Frame | Wood Exterior
Price Per SQ.FT. 39.28 No. of Units: 4
Building Size : 7319
Building Type: Multi-Family | Office
Year Built: 1890
Wood Frame | Wood Exterior
Price Per SQ.FT. 39.28 No. of Units: 4
Building Size : 7319
Building Type: Multi-Family | Office
ExteriorRoof: Slate
InteriorBasement: Partially Finished
Land Information
Lot size: 2.02 acres
Zoned: unknown
Flood Zone: Unknown
No. of Docks | 0.
UtilitiesHeating: Baseboard | Forced Air | Hot Water | Oil
Cooling: Central AC
Utilities: Telephone Available
AC % | 0.
Additional Information
Easement - Unknown
Taxes $7,331
Assesed Value Not Reported
Easement - Unknown
Taxes $7,331
Assesed Value Not Reported
Schools
