$675,000 | $75 per sq.ft.
Commercial Property, 363 River Street Springfield VT | Space type Food Service,Free Standing Building,Office Building,Storefront MLS# 4954678
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DESCRIPTION
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This extremely well-built and maintained building is perfect for an investor who wants a diverse, well-established, and stable investment property. Anchored by a unique and popular 1955 Fully Restored Mahoney diner car with 88 seats and a modern circa 2003 stainless steel commercial kitchen, which was built with the capacity of double the restaurant's current output. There is also a modern fitness center along with two office units! The rents are stable and leases are solid through 2024. It is far to say that this opportunity will pay off. Situated along Route 106 with a daily traffic count of over 8,500 vehicles this property will always occupy a prime location near the bustling town of Springfield, Vermont. The property has many updates including newer HVAC. The spaces themselves are large and can be configured in many ways allowing for an array of new uses in the future. Come see this fantastic opportunity today!!
Building Type : Investment | Office | Opportunity | Other
Misc : Public Restrooms | Security System
Sale Includes : Equipment | Land/Building Signage-| Adequate Price per SQFT | 74.83 Net Income| 35573 Gross Income| 82328 Management Expense-| $0 Insurance Expense -| $0
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FEATURES AND DETAILS
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CONSTRUCTION: Aluminum Siding | Vinyl Siding | Price Per SQ.FT. 74.83 | Year Built: 1960 No. of Units-| 4 Building Size | 9020 Available SQFT | 8560
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Building Type: Investment | Office | Opportunity | Other Garage And Parking: Parking Spaces 21+ Heating: Electric Cooling: Central AC Electric: 3 Phase | On-Site Utilities: Other No. of Docks | 0. No. of Drive Doors | 9020.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 1.29 acres Zoned: commercial Flood Zone: Unknown
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Transport Info: Public Transportation | Paved Taxes $18,282 | Assesed Value $0 in |
15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’
personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated November 21st, 2024
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PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents. Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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