1115 Route 4a West Castleton VT Commercial For Sale $287500

List Price: $287,500 | $39 per sq.ft. Commercial
Space type Under Contract Listed Saturday Oct 14, 2023 | MLS# 4974326

Listing Agent Hughes Group Team, Casella Real Estate. To see this Listing:

Call 802-295-1355

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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

Features:

Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0

Propery Information:

Construction Information:
Year Built: 1890
Wood Frame | Wood Exterior
Price Per SQ.FT. 39.28 No. of Units: 4
Building Size : 7319
Building Type: Multi-Family | Office

ExteriorRoof: Slate

InteriorBasement: Partially Finished

Land Information

Lot size: 2.02 acres
Zoned: unknown
Flood Zone: Unknown
No. of Docks | 0.

UtilitiesHeating: Baseboard | Forced Air | Hot Water
Cooling: Central AC
Utilities: Telephone Available
AC % | 0.

Additional Information

Easement - Unknown
Taxes $7,331
Assesed Value Not Reported

Schools

565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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