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Listed by Becca Johnson • KW Vermont
$400,000
Est. payment /mo
0.6 Acres Lot
UPDATED:
10/28/2024 08:31 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5017460
Year Built 1980
Annual Tax Amount $3,576
Tax Year 2024
Lot Size 0.600 Acres
Acres 0.6
Property 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.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Residential; gftd auto
Interior
Heating Gas - LP/Bottle
Cooling Wall AC Units
Inclusions Equipment, Land/Building
Exterior
Utilities Available Gas - LP/Bottle, Telephone Available
Roof Type Shingle - Asphalt
Building
Foundation Poured Concrete
Sewer Holding Tank
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Josh Gray
Agent | License ID: 067254, 080080, 082.0135079
Agent License ID: 067254, 080080, 082.0135079