$2,000,000 | $333 per sq.ft.
Commercial Property, in 2706 East Woodstock Road Village of Taftsville in Town of Woodstock VT | Space type Business w/ Real Estate,Country Store,Free Standing Building,Historic Building MLS# 5020107
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Listed by John Bassette Bassette Real Estate Group on
October 25th 2024
2706 East Woodstock Road Woodstock VT 05073
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DESCRIPTION
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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!
Location : Historic District | Village
Building Type : Business | Investment | Multi-Family | Office | Retail
Disability Features : 1st Floor 1/2 Bathroom | Access Common Use Areas | Access Restrooms | No Stairs from Parking | One-Level Business | Paved Parking
Equipment : Smoke Detectr-Batt Powrd
Misc : Elevator - Freight | Living Space Available | Smoke/Heat Detectors | In-Unit Bathroom
Sale Includes : Equipment | Land/Building | Building Traffic Count-| Price per SQFT | 333.33 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0
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FEATURES AND DETAILS
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CONSTRUCTION: Masonry | Wood Frame | Brick Exterior | Clapboard Exterior | Wood Exterior | Wood Siding | Price Per SQ.FT. 333.33 | Year Built: 1850 No. of Units-| 4 Building Size | 6000 Available SQFT | 5000 Basement: Concrete
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Building Type: Business | Investment | Multi-Family | Office | Retail Roof: Metal | Standing Seam Garage And Parking: Off Street | On-Site | Parking Spaces 21+ | EV Charging Station(s) Road Frontage: 307 Heating: Baseboard | Hot Water | Multi Zone | Stove - Gas Electric: 200 Amp | Circuit Breaker(s) Utilities: Cable | Telephone At Site No. of Docks | 0. No. of Drive Doors | 6000.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.56 acres Zoned: hamlet commercial Flood Zone: No Road Frontage: 307
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Taxes $6,990 | Assesed Value $284,000 in |