Royalton VT For Sale $114,900

List Price:$Commercial Property $114,900 | $164 per sq.ft.
102 Railroad Street Royalton VT
MLS# 4991911
Listed by Jacqueline Jameson Jameson Real Estate on April 18th 2024
DESCRIPTION
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. Dont miss out on this affordable opportunity to have your own business.
Sale Includes : Building
Management Expense-| $0
Insurance Expense -| $0
Rail Service-| Yes
Net Income| 0
Gross Income| 11700
Price per SQFT | 164.14
CONSTRUCTION
Price Per SQ.FT. 164.14
Year Built: 1975
No. of Units-| 1
Building Type: Business | Investment | Office | Opportunity | Retail
Garage And Parking: Driveway
Electric: 100 Amp
Utilities: Cable
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 0.05 acres
Zoned: COMMERCIAL)
Flood Zone: No
ADDITIONAL INFORMATION
Taxes $1,998 | Assesed Value $0 in

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