List Price: $595,000 | $132 per sq.ft. Commercial
Space type Free Standing Building,Storefront
Date Listed Friday Jul 19, 2024 | MLS# 5005895
Space type Free Standing Building,Storefront
Date Listed Friday Jul 19, 2024 | MLS# 5005895
To see this Listing
Address: 15 Depot Street Chester VT
Listed by Daire Gibney Barrett and Valley Associates Inc.
Description:
Come and invest in Main Street America with this exceptional village center location! Are you seeking a state-of-the-art building with excellent revenue opportunities? Look no further. This property has been meticulously updated from top to bottom, offering a prime investment opportunity. The first floor features an expansive open space, formerly an art and presentation gallery, equipped with a portable stage, media room, fully equipped kitchen, LED lighting, skylights, decorative walls, and black walnut flooring and currently rented as a wonderful Tea Shop. The second floor includes two fully renovated apartments: a one-bedroom and a two-bedroom, both generating approximately $2,800/month . The lower level is climate-controlled with artist stalls, providing additional storage options. Outside, you'll find a handicap ramp for accessibility and and ADA bathrooms; additionally, a large 1850 barn currently used for storage, adds unique character and potential for further utilization. This one-of-a-kind property is a must-see for investors looking to capitalize on a versatile and modern space with substantial income potential.
Building Type : Investment | Multi-Family | Retail
Misc : Living Space Available | Public Restrooms
Sale Includes : Barn | Land/Building | Building
Listed by Daire Gibney Barrett and Valley Associates Inc.
Description:
Come and invest in Main Street America with this exceptional village center location! Are you seeking a state-of-the-art building with excellent revenue opportunities? Look no further. This property has been meticulously updated from top to bottom, offering a prime investment opportunity. The first floor features an expansive open space, formerly an art and presentation gallery, equipped with a portable stage, media room, fully equipped kitchen, LED lighting, skylights, decorative walls, and black walnut flooring and currently rented as a wonderful Tea Shop. The second floor includes two fully renovated apartments: a one-bedroom and a two-bedroom, both generating approximately $2,800/month . The lower level is climate-controlled with artist stalls, providing additional storage options. Outside, you'll find a handicap ramp for accessibility and and ADA bathrooms; additionally, a large 1850 barn currently used for storage, adds unique character and potential for further utilization. This one-of-a-kind property is a must-see for investors looking to capitalize on a versatile and modern space with substantial income potential.
Building Type : Investment | Multi-Family | Retail
Misc : Living Space Available | Public Restrooms
Sale Includes : Barn | Land/Building | Building
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1880
Price Per SQ.FT. 132.43 No. of Units: 3
Building Size : 4493
Building Type: Investment | Multi-Family | Retail
Year Built: 1880
Price Per SQ.FT. 132.43 No. of Units: 3
Building Size : 4493
Building Type: Investment | Multi-Family | Retail
Exterior
InteriorBasement: Climate Controlled
Land Information
Zoned: com/Res
No. of Docks | 0.
UtilitiesElectric: 200 Amp
Utilities: Telephone Available
AC % | 0.
Additional Information
Easement - Unknown
Taxes $10,748
Assesed Value Not Reported
Easement - Unknown
Taxes $10,748
Assesed Value Not Reported
Schools
