 802-295-1355
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$1,950,000 | $110 per sq.ft.
Commercial Property, 301-321-341 Depot Street Manchester VT | Space type Free Standing Building,Office Building,Other MLS# 4996358
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| DESCRIPTION
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There are THREE BUILDINGS INCLUDED IN THIS OFFERING. Building #1, 301 Depot Street has 5,652 sq ft on two floors, includes and elevator. Building #2, 321 Depot Street has 6,108 sq ft on 2 floors and NO Elevator. Build #3, 341 Depot Street has 5,916 sq ft, on two floors with elevator and currently has a mo. to mo. tenant who occupies the entire building. The Town of Manchester who owns the land acquired the buildings as the result of the experimentation of a Land Lease the Town had with the Tenant who constructed all 3 buildings. Currently buildings 301 and 321 are vacant. Building 341 has a tenant who occupies the entire building and is currently on a month to month basis. This Tenant has expressed a desire to remain in this location and is seeking a long term lease. Based on this information, the Town of Manchester makes not representations as to the Current Tenant or conditions of the buildings, they are being sold "AS IS". Sales price is below the most recent appraisal of the property. There are 82 parking spaces according to the appraisal. All the above information was provided to the broker via the Town of Manchester based on the appraisal which also notes that the property appears to be in the flood hazard zone. The Town Center Zone allows for the most intensive commercial and mixed-use development in Manchester. Vehicle Count 7,379, 2020. Prospective Buyers will be required to sign a confidentiality agreement and show proof of funds.
Location : Business District | Commercial Zoning | Near Paths | Near Shopping | Other | Near Public Transportatn Building Type : Business | Multi-Family | Office | Retail Disability Features : Access Parking | Hard Surface Flooring | Paved Parking Equipment : Sprinkler System | Air Conditioner Misc : Fire System | Elevator - Passenger | Windows - Glazed | In-Unit Bathroom Sale Includes : Other Signage-| None Price per SQFT | 110.32 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0 | |||
| FEATURES AND DETAILS
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| Price Per SQ.FT. 110.32 | Year Built: 0 No. of Units-| 3 Building Size | 17676 |
Building Type: Business | Multi-Family | Office | Retail Sprinkler | Wet. Garage And Parking: On-Site | Paved Road Frontage: 247 Heating: Forced Air Cooling: Central AC Electric: Circuit Breaker(s) | On-Site Utilities: Gas - LP/Bottle | Telephone At Site | Other No. of Docks | 0. No. of Drive Doors | 17676. AC % | 100. |
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| LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 1.79 acres Zoned: Town Center* Flood Zone: Yes Road Frontage: 247 |
Transport Info: Major Road Access | Public Transportation | State Highway | Town Highway | Paved Taxes $37,653 | Assesed Value $1,965,100 in 2022 | ||
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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
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 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 NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM | |