List Price: $114,900 | $164 per sq.ft. Commercial
Space type Listed Thursday Apr 18, 2024 | MLS# 4991911


This is an a great opportunity to own a 700 square foot commercial/residential space in downtown South Royalton. This in town location has municipal water and sewer and consists of a 20' x 35' log cabin that sits on leased land owned by the Central Vermont Railway. The cabin is currently rented as a residence and includes a full bath, bedroom and a kitchen. The current resident pays $975.00 per month plus all utilities and has rented the cabin for the past six years. This adorable cabin has been a barber shop, dental office, video store, insurance office, and custom jewelry store. Its the perfect location for any small business. South Royalton has no zoning. Walk to Vt Law School, the bank, the stores and the South Royalton Village Green. A wonderful location. The lease for the land is currently $2932 per year. The new owner will need to renegotiate the lease prior to the sale for a fee of $1000 to the Central Vermont Railway. Interior photos are not current.
Building Type : Business | Investment | Office | Opportunity | Retail

Misc : Fence - Full | Living Space Available | Phone System

Sale Includes : Building

Rail Service: Yes
Income
Net Income| 0
Gross Income| 11700
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1975
Price Per SQ.FT. 164.14 No. of Units: 1
Building Size : 700
Available SQFT : 700
Divisable SQFT : Unknown
Building Type: Business | Investment | Office | Opportunity | Retail

Exterior

Interior

Land Information

Lot size: 0.05 acres
Zoned: COMMERCIAL
Flood Zone: No
Garage And Parking: Driveway
No. of Docks | 0.

UtilitiesHeating: Baseboard | Hot Air
Electric: 100 Amp
Utilities: Cable
AC % | 0.



Taxes $1,998
Assesed Value Not Reported
Schools

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