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$485,000 | $119 per sq.ft. Commercial Property, in 12 Common Street Chester VT | Space type MLS# 5005505



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Listed by Thaddeus Abare Barrett and Valley Associates Inc. on July 17th 2024
12 Common Street Chester VT 05143


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.

Building Type : Investment | Multi-Family | Opportunity | Retail

Equipment : Other

Misc : Fire System | Other | Showers | In-Unit Bathroom

Sale Includes : Land/Building | Other
Signage-| Adequate
Traffic Count-|
Price per SQFT | 119.46 Net Income| 0
Gross Income| 12000
Management Expense-| $0
Insurance Expense -| $0
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FEATURES AND DETAILS

CONSTRUCTION:
Timber Frame | Wood Frame | Price Per SQ.FT. 119.46 | Year Built: 1820
No. of Units-| 3
Building Size | 4060
Available SQFT | 4060
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
Heating: Baseboard | Electric | Other | Oil | Mini Split
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available | Other
No. of Docks | 0.
No. of Drive Doors | 4060.

LAND INFORMATION


ADDITIONAL INFORMATION

Lot size: 0.25 acres
Zoned: Village Center
Road Frontage: 56
Taxes $4,704  | Assesed Value $0 in