List Price: $485,000 | $119 per sq.ft. Commercial
Space type
Under Contract Date Listed Wednesday Jul 17, 2024 | MLS# 5005505


Address: 12 Common Street Chester VT
Listed by Thaddeus Abare Barrett and Valley Associates Inc.
Description:
Located at the head of the Village Green, it has been home to many successful businesses! The beautiful post and beam interior is warm and inviting. Enjoy the high foot and vehicle traffic in a very desirable area which has long benefitted owners and their businesses. There are 3 units with much potential for more units. The first being the business store front with great road visibility and rustic features like the two sided fireplace chimney, the second is a space in the back which could easily be turned into a long term rental with a kitchen and separate bathroom, the third is a second floor 2bedroom 1 bathroom which has recently been updated and rented with a freshly painted interior as well as new flooring and other updates. Along with the many benefits of this property's location comes parking right on the Green and behind the building with an owned park area. Some recent updates are the back portion on the building has a new roof and $80,000.00 worth of solar was added to the whole building making the electric bill extremely low.
Building Type : Investment | Multi-Family | Opportunity | Retail

Equipment : Other

Misc : Fire System | Other | Showers | In-Unit Bathroom

Sale Includes : Land/Building | Other

Features
Signage: Adequate
Income
Net Income| 0
Gross Income| 12000
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1820
Timber Frame | Wood Frame
Price Per SQ.FT. 119.46 No. of Units: 3
Building Size : 4060
Available SQFT : 4060
Building Type: Investment | Multi-Family | Opportunity | Retail

ExteriorRoof: Metal | Standing Seam

InteriorBasement: Concrete | Concrete Floor | Crawl Space | Dirt Floor | No Tenant Access | Storage Space | Unfinished | Interior Access
Sprinkler: Other.

Land Information

Lot size: 0.25 acres
Zoned: Village Center
Road Frontage: 56
Garage And Parking: On-Site | Parking Spaces 11 - 20
Road Frontage: 56
No. of Docks | 0.

UtilitiesHeating: Baseboard | Electric | Other | Oil | Mini Split
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available | Other
AC % | 0.

Additional Information
Taxes $4,704
Assesed Value Not Reported
Schools

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