363 River Street Springfield VT Commercial For Sale $675000

List Price: $675,000 | $75 per sq.ft. Commercial
Space type Food Service,Free Standing Building,Office Building,Storefront Listed Tuesday May 30, 2023 | MLS# 4954678

Listing Agent Daire Gibney, Barrett and Valley Associates Inc.. To see this Listing:

Call 802-295-1355

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Description:

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!!
Location : Business District | Commercial Zoning | Near Shopping | Suburban

Building Type : Investment | Office | Opportunity | Other

Misc : Public Restrooms | Security System

Sale Includes : Equipment | Land/Building

Features:

Signage: Adequate
Transport Info: Public Transportation | Paved

Income
Net Income| 35573
Gross Income| 82328
Management Expense: $0
Insurance Expense : $0

Propery Information:

Construction Information:
Year Built: 1960
Aluminum Siding | Vinyl Siding
Price Per SQ.FT. 74.83 No. of Units: 4
Building Size : 9020
Available SQFT : 8560
Building Type: Investment | Office | Opportunity | Other

Exterior

Interior

Land Information

Lot size: 1.29 acres
Zoned: commercial
Flood Zone: Unknown
Garage And Parking: Parking Spaces 21+
No. of Docks | 0.

UtilitiesCooling: Central AC
Electric: 3 Phase | On-Site
Utilities: Other
AC % | 0.

Additional Information

Easement - Unknown
Taxes $18,282
Assesed Value Not Reported

Schools

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