Listing courtesy of William Johnson, Big Green Real Estate Phone: 603-643-3942
368 River Street, Springfield, VT, 05156
1986
15,211 sqft
GREAT INVESTMENT PACKAGE--100% occupancy, recent needed siding work and HVAC upgrades completed, good condition, low maintenance (roof replaced 2018-19), town water and sewer, great parking, with potential for additional income. This 1-story building currently offers 12 office/retail units, plus 38 storage units at the basement level. Basement has a drive-in, garage door access, with room to add additional storage units. Building has a truss roof frame, which would allow floorplan alterations if needed. With room for additional basement storage units, it makes this investment prospect even more attractive. Leases are a mix of partial net and gross rents. Tenants are a mix of primarily professional offices. There are 10 propane-fired HVAC units and 9 total electric services, but not all zoned specifically for individual units, as the floorplan has changed over time. Seller will consider only PREQUALIFIED OR APPROVED BUYERS, and buyers should be prepared to offer a satisfactory financial statement/proof of funds.
Status:
Active
Type:
Commercial
Units:
12
Zoning:
"General Business"
Frontage:
200
Heating:
Forced Air, Hot Air, Multi Zone, Propane
Cooling:
Central AC, Multi Zone
Parking:
Off Street, On-Site, Parking Spaces 21+, Paved
Acreage:
1.12
Est. Taxes:
$18,104
Assessment
$511,800
Construction
Wood Frame,Vertical Siding,Vinyl Siding,Wood Siding
MLS #:
4910367