List Price: $400,000 | $297 per sq.ft. Commercial
Space type
Date Listed Friday Oct 4, 2024 | MLS# 5017460
Space type
Date Listed Friday Oct 4, 2024 | MLS# 5017460
To see this Listing
Address: 2895 VT Route 100 Warren VT
Listed by Becca Johnson KW Vermont
Description:
Rare commercial property with two hundred feet of frontage on Route 100 in Warren, in the beautiful Mad River Valley minutes from Sugarbush Resort. This property works for an owner/operator or an investor. The property should rent for at least $3,000 per month, triple net (prior tenant paid $2,800 per month, which was not raised in over five years). While this area is zoned residential, this property is grandfathered for vehicle sales and repair. Town would consider other uses with comparable impact, such as property management (which was recently approved on a similar property). Lot size is .6 acres and consists of two buildings and a large paved lot. There's a small building, generally used as an office, measuring 432 square feet and containing a three quarter bath and a storage room. A separate garage building is 875 square feet and includes a two post automotive lift and an air compressor. Both buildings are heated with propane and are air conditioned. The buildings were originally built around 1980 but were completely rebuilt and extensively insulated in 2002, including new walls inside and out (exterior siding is cedar), new roofs, new plumbing, new wiring including breaker panels, and several exterior lights on light sensors and motion detectors. The property is in excellent condition having just been repainted inside and out. Owner is related to real estate broker.
Building Type : Other
Sale Includes : Equipment | Land/Building
Listed by Becca Johnson KW Vermont
Description:
Rare commercial property with two hundred feet of frontage on Route 100 in Warren, in the beautiful Mad River Valley minutes from Sugarbush Resort. This property works for an owner/operator or an investor. The property should rent for at least $3,000 per month, triple net (prior tenant paid $2,800 per month, which was not raised in over five years). While this area is zoned residential, this property is grandfathered for vehicle sales and repair. Town would consider other uses with comparable impact, such as property management (which was recently approved on a similar property). Lot size is .6 acres and consists of two buildings and a large paved lot. There's a small building, generally used as an office, measuring 432 square feet and containing a three quarter bath and a storage room. A separate garage building is 875 square feet and includes a two post automotive lift and an air compressor. Both buildings are heated with propane and are air conditioned. The buildings were originally built around 1980 but were completely rebuilt and extensively insulated in 2002, including new walls inside and out (exterior siding is cedar), new roofs, new plumbing, new wiring including breaker panels, and several exterior lights on light sensors and motion detectors. The property is in excellent condition having just been repainted inside and out. Owner is related to real estate broker.
Building Type : Other
Sale Includes : Equipment | Land/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: 1980
Wood Frame
Price Per SQ.FT. 296.96 No. of Units: 0
Building Size : 1347
Building Type: Other
Year Built: 1980
Wood Frame
Price Per SQ.FT. 296.96 No. of Units: 0
Building Size : 1347
Building Type: Other
ExteriorRoof: Shingle - Asphalt
Interior
Land Information
Lot size: 0.6 acres
Zoned: Residential; gftd auto
Road Frontage: 200
Road Frontage: 200
No. of Docks | 0.
UtilitiesHeating: Forced Air | Stove - Gas
Cooling: Wall AC Units
Electric: 100 Amp
Utilities: Gas - LP/Bottle | Telephone Available
AC % | 0.
Additional Information
Taxes $3,577
Assesed Value Not Reported
Taxes $3,577
Assesed Value Not Reported
Schools
