Price Change! reduced by $101,000 on May 24th 2024 $434,000
Commercial Property, 3776 VT Route 11 Peru VT | Space type Country Store,Food Service,Gas Station,Storefront MLS# 4956813
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DESCRIPTION
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The buyer of this property would net a CAP RATE OF 6.5%. The well-known Bromley Market property is offered for sale for the first time since 2010. For decades, this freestanding building on the east-west stretch of Route 11 between Londonderry and Manchester has been a convenient stop for travelers and a regular coffee/lunch spot for locals. With Bromley Mountain less than a 2-minute drive and Stratton 13 miles away, this location is highly visible, with traffic counts of over 5K vehicles per day. The first-floor commercial space features a charming country market leased through July 2027. The market currently offers takeaway and prepared food, a 12-seat dining area, a convenience store and a 2-pump gas station. The Bromley Market name transfers with the property. The 2nd floor includes a freshly renovated 1-bedroom apartment with a separate covered stairway entrance & room for expansion. Electric is metered separately for the apartment. This is an opportunity for employee housing at the base of Bromley Mountain. For an investor interested in a diversified investment property, zoning for this existing property allows for additional uses: retail, office space, or conversion to a 5-bedroom residential property. Light industrial may be an option with the Town of Peru input. Septic permitted and replaced in 2022. Building financials upon request. Take a look at the newly renovated 2nd-floor apartment!
Building Type : Business | Multi-Family | Retail
Misc : Living Space Available | In-Unit Bathroom
Sale Includes : Land/Building Net Income| 0 Management Expense-| $0 Insurance Expense -| $0
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FEATURES AND DETAILS
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CONSTRUCTION: Clapboard Exterior | Price Per SQ.FT. 0.00 | Year Built: 0 No. of Units-| 1 Building Size | 0 Basement: Crawl Space
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Building Type: Business | Multi-Family | Retail Garage And Parking: Parking Spaces 11 - 20 Road Frontage: 523 Utilities: Cable - Available | Gas - Underground No. of Docks | 0. No. of Drive Doors | 0.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.49 acres Zoned: Commercial Recreation(CR) Flood Zone: No Road Frontage: 523
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Docs Available : Lease Agreements | Septic Design | Septic Report | Tax Map Taxes $6,421 | Assesed Value $0 in |
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At the base of Bromley
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Bromley Market
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Bromley Market
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Bromley Mountain entrance is around the corner.
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Avg Annual Daily Traffic Count in 2018 ~4,400...
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Check out counter
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Counter seating and grocery shelves
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Take away counter
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Walk in cooler, beverage area
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Seating area
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Apartment entry landing
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Interior Stairs to apartment
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Large, open living space...Fully renovated May 2024
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Fully renovated May 2024
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Apartment (2nd floor) Fully renovated May 2024
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Fully renovated May 2024
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Kitchen details renovated May 2024
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Bedroom, renovated May 2024
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Bedroom with 2 large closets, attached bath
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Full bath - renovated May 2024
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Bromley Market
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Copyright © 2024 The Clerkin Agency, P.C. and 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 July 7th, 2024
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information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or
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These forms can be accessed at the following websites and you are encouraged to read these documents. The Clerkin Agency, P.C. chooses as a business model to represent both buyers and
sellers; please do not assume, without any contractual agreement otherwise, that The Clerkin Agency, P.C. at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
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