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Woodstock VT Commercial Listing $1000000 to $99999999
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Description:It has been said that the highest and best use of this landmark Woodstock property would be a combination of constructing multiple residential units, in the private rear acreage, and commercial development, of the highly visible Route 4 road frontage. There is no question of the unlimited potential! Highly visible! Well located, on the East End entrance route to Woodstock Village! This property owned by Gerrish Corporation, commonly known as “Woodstock East,” located at 458 Woodstock Road, Woodstock, Vermont, contains 4.5 acres, more or less. The property is located in the Commercial/Light Industrial Zone, allowing a multitude of commercial, industrial and residential uses of the property. The property was the site of a substantial gasoline spill in 1973. However, the property was enrolled in the Vermont Brownsfield Reuse Environmental Liability Limitation Act program (10 V.S.A. §6641-§6656) in 1999 and was successfully remediated. On June 5, 2012 the Vermont Commissioner of the Agency of NaturalResources signed a Certificate of Completion, thereby providing protection to third party purchasers of the property pursuant to 10 V.S.A §6653(a) from any liability arising from any contamination on the property which occurred prior to that date, making this one the safest properties in Vermont from a pollution liability perspective. Location, location, location!!
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Description:INVESTMENT OPPORTUNITY - Rare historic building (The Taftsville Country Store) that is an opportunity awaiting with multiple income streams in the village of Taftsville just 5 minutes to the quintessential New England town of Woodstock! The property has 4 (5 potential) units including a gracious store space with bathroom that is approved for use as a restaurant, café, or small retail store. The second unit is a Post Office with current lease for 3 more years. The third unit is a 1 bedroom, 1 bath apartment (designed and approved for 2 bedroom, 2 bath) with an excellent AIRBNB rental history. The fourth unit is a 3 bedroom, 2 bath apartment which could be rented long or short term or owner occupied to offset living expenses. There is space for a fifth unit which has been designed and planned as a studio apartment which would be suitable for short term/residential rental. Current owners have redesigned, expanded, and paved the parking lot to include 27 parking spaces and EV Conduit for 2 charging stations that can accommodate 4 vehicles (not installed), ADA access to building, and an ADA accessible restroom are designed (not built). Significant investment has occurred on infrastructure and heating plant and all approvals are in place for future remodeling/restoration. Historic Preservation tax credits available. Property boasts pleasant exterior patio views to the Ottauquechee River & Taftsville Covered Bridge. Come with a vision for the "store" and make an opportunity happen!