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

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

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

Call 802-295-1355

Add To Wishlist

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 | Oil
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
Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. 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

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 here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

Web Sites Designed and Hosted by Business Services Consultants.