List Price:$Commercial Property $595,000 | $132 per sq.ft.
15 Depot Street Chester VT | Space type Free Standing Building,Storefront MLS# 5005895
Listed by Daire Gibney Barrett and Valley Associates Inc. on
July 19th 2024
DESCRIPTION
Come and invest in Main Street America with this exceptional village center location! Are you seeking a state-of-the-art building with excellent revenue opportunities? Look no further. This property has been meticulously updated from top to bottom, offering a prime investment opportunity. The first floor features an expansive open space, formerly an art and presentation gallery, equipped with a portable stage, media room, fully equipped kitchen, LED lighting, skylights, decorative walls, and black walnut flooring and currently rented as a wonderful Tea Shop. The second floor includes two fully renovated apartments: a one-bedroom and a two-bedroom, both generating approximately $2,800/month . The lower level is climate-controlled with artist stalls, providing additional storage options. Outside, you'll find a handicap ramp for accessibility and and ADA bathrooms; additionally, a large 1850 barn currently used for storage, adds unique character and potential for further utilization. This one-of-a-kind property is a must-see for investors looking to capitalize on a versatile and modern space with substantial income potential.
Sale Includes : Barn | Land/Building | Building Management Expense-| $0 Insurance Expense -| $0 Net Income| 0 Gross Income| 0 Price per SQFT | 132.43
CONSTRUCTION
Price Per SQ.FT. 132.43 Year Built: 1880 No. of Units-| 3 Basement: Climate Controlled
Building Type: Investment | Multi-Family | Retail Electric: 200 Amp Utilities: Telephone Available No. of Docks | 0. AC % | 0.