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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$287,500

Price Change! reduced by $11,500 on April 12th 2024
MLS# 4974326
sq.ft. Bedroom | 0 Bathroom
Commercial
1115 Route 4a West Castleton VT
 
Price Change! reduced by $11,500 on April 12th 2024
$287,500 | $39 per sq.ft. Commercial Property, 1115 Route 4a West Castleton VT | Space type MLS# 4974326


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
Price per SQFT | 39.28 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Wood Frame | Wood Exterior | Price Per SQ.FT. 39.28 | Year Built: 1890
No. of Units-| 4
Building Size | 7319
Basement: Partially Finished
Building Type: Multi-Family | Office
Roof: Slate
Heating: Baseboard | Forced Air | Hot Water | Oil
Cooling: Central AC
Utilities: Telephone Available
No. of Docks | 0.
No. of Drive Doors | 7319.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 2.02 acres
Zoned: unknown
Flood Zone: Unknown
Taxes $7,331  | Assesed Value $0 in
15 Buck Rd. Hanover, NH 03755 603-643-3942

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