2895 VT Route 100 Warren VT 05674 Commercial $400,000

$400,000 | $297 per sq.ft. Commercial Property, in 2895 VT Route 100 Warren VT | Space type MLS# 5017460

Listed by Becca Johnson KW Vermont on October 4th 2024
2895 VT Route 100 Warren VT 05674

DESCRIPTION

Rare commercial property with two hundred feet of frontage on Route 100 in Warren, in the beautiful Mad River Valley minutes from Sugarbush Resort. This property works for an owner/operator or an investor. The property should rent for at least $3,000 per month, triple net (prior tenant paid $2,800 per month, which was not raised in over five years). While this area is zoned residential, this property is grandfathered for vehicle sales and repair. Town would consider other uses with comparable impact, such as property management (which was recently approved on a similar property). Lot size is .6 acres and consists of two buildings and a large paved lot. There's a small building, generally used as an office, measuring 432 square feet and containing a three quarter bath and a storage room. A separate garage building is 875 square feet and includes a two post automotive lift and an air compressor. Both buildings are heated with propane and are air conditioned. The buildings were originally built around 1980 but were completely rebuilt and extensively insulated in 2002, including new walls inside and out (exterior siding is cedar), new roofs, new plumbing, new wiring including breaker panels, and several exterior lights on light sensors and motion detectors. The property is in excellent condition having just been repainted inside and out. Owner is related to real estate broker.

Building Type : Other

Sale Includes : Equipment | Land/Building
Traffic Count-|
Price per SQFT | 296.96 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0

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FEATURES AND DETAILS

CONSTRUCTION:
Wood Frame | Price Per SQ.FT. 296.96 | Year Built: 1980
No. of Units-| 0
Building Size | 1347

Building Type: Other
Roof: Shingle - Asphalt
Road Frontage: 200
Heating: Forced Air | Stove - Gas | Propane
Cooling: Wall AC Units
Electric: 100 Amp
Utilities: Gas - LP/Bottle | Telephone Available
No. of Docks | 0.
No. of Drive Doors | 1347.

LAND INFORMATION

ADDITIONAL INFORMATION

Lot size: 0.6 acres
Zoned: Residential; gftd auto
Road Frontage: 200

Taxes $3,577 | Assesed Value $131,300 in

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