15 Depot Street Chester VT 05143 Commercial $595,000

$595,000 | $132 per sq.ft. Commercial Property, in 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
15 Depot Street Chester VT 05143

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.

Building Type : Investment | Multi-Family | Retail

Misc : Living Space Available | Public Restrooms

Sale Includes : Barn | Land/Building | Building
Traffic Count-|
Price per SQFT | 132.43 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0

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Phone:603-542-5188
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FEATURES AND DETAILS

| Price Per SQ.FT. 132.43 | Year Built: 1880
No. of Units-| 3
Building Size | 4493
Basement: Climate Controlled

Building Type: Investment | Multi-Family | Retail
Electric: 200 Amp
Utilities: Telephone Available
No. of Docks | 0.
No. of Drive Doors | 4493.

LAND INFORMATION

ADDITIONAL INFORMATION

Zoned: com/Res

Taxes $10,748 | Assesed Value $0 in

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