Chester VT For Sale $485,000

List Price:$Commercial Property $485,000 | $119 per sq.ft.
Under Contract 12 Common Street Chester VT
MLS# 5005505
Listed by Thaddeus Abare Barrett and Valley Associates Inc. on July 17th 2024
DESCRIPTION
Located at the head of the Village Green, it has been home to many successful businesses! The beautiful post and beam interior is warm and inviting. Enjoy the high foot and vehicle traffic in a very desirable area which has long benefitted owners and their businesses. There are 3 units with much potential for more units. The first being the business store front with great road visibility and rustic features like the two sided fireplace chimney, the second is a space in the back which could easily be turned into a long term rental with a kitchen and separate bathroom, the third is a second floor 2bedroom 1 bathroom which has recently been updated and rented with a freshly painted interior as well as new flooring and other updates. Along with the many benefits of this property's location comes parking right on the Green and behind the building with an owned park area. Some recent updates are the back portion on the building has a new roof and $80,000.00 worth of solar was added to the whole building making the electric bill extremely low.
Sale Includes : Land/Building | Other
Management Expense-| $0
Insurance Expense -| $0
Net Income| 0
Gross Income| 12000
Price per SQFT | 119.46
CONSTRUCTION
Timber Frame | Wood Frame
Price Per SQ.FT. 119.46
Year Built: 1820
No. of Units-| 3
Basement: Concrete | Concrete Floor | Crawl Space | Dirt Floor | No Tenant Access | Storage Space | Unfinished | Interior Access
Building Type: Investment | Multi-Family | Opportunity | Retail
Sprinkler | Other.
Roof: Metal | Standing Seam
Garage And Parking: On-Site | Parking Spaces 11 - 20
Road Frontage: 56
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available | Other
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 0.25 acres
Zoned: Village Center)
Road Frontage: 56
ADDITIONAL INFORMATION
Taxes $4,704 | Assesed Value $0 in

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