List Price: $350,000 | $155 per sq.ft. Commercial
Space type
Price Change! Reduced by $145,999 down 42% on May 23rd 2024
Listed Thursday Nov 2, 2023 | MLS# 4976441


Discover the potential of this versatile property, strategically located on VT Route 30 near the picturesque Village of Wells and Lake St. Catherine. With its proximity to the VT/NY border and just a short drive from Manchester, VT, this property offers both convenience and charm. Situated on 1.2 acres of unrestricted land in the town of Wells, the possibilities are limitless in this serene setting. The main attraction of this property is its income-generating potential. Boasting a spacious retail space on the main floor, this property offers an ideal opportunity for entrepreneurs and investors alike. The retail space provides ample room for a variety of businesses. In addition to the retail space, the property includes a well-appointed 2-bedroom apartment located above. Perfect for an owner-operator or as a rental unit, this apartment offers comfortable living quarters with convenient access to the amenities below. For added income potential, a large detached 3-car garage with 2 additional 1-bedroom apartments provides even more opportunities. Whether used as long-term rentals or short-term accommodations, these apartments offer flexibility and additional revenue streams. The seller is motivated and open to considering all offers on this unique property. Don't miss out on the chance to own a piece of Vermont's scenic beauty with endless possibilities for income generation and personalization. Schedule a viewing today and explore the opportunities awaiting you in Wells, VT!
Location : Near Country Club | Near Golf Course | Near Shopping | Near Skiing

Building Type : Multi-Family | Retail

Misc : Additional Outbuildings | Living Space Available | Security System | In-Unit Bathroom

Sale Includes : Equipment | Garage | Land/Building | Outbuilding

Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1975
Wood Frame | Wood Siding
Price Per SQ.FT. 155.14 No. of Units: 2
Building Size : 2256
Building Type: Multi-Family | Retail

ExteriorRoof: Metal | Shingle

InteriorBasement: Concrete Floor | Full | Storage Space | Exterior Access

Land Information

Lot size: 1.2 acres
Zoned: None
Surveyed: No
Flood Zone: No
Garage And Parking: Garage | On-Site | Parking Spaces 6+ | Paved
No. of Docks | 0.

UtilitiesHeating: Baseboard
Cooling: Wall AC Units
Electric: Circuit Breaker(s) | Other
Utilities: Cable - At Site
AC % | 0.



Easement - Unknown
Taxes $6,880
Assesed Value Not Reported
Schools

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