Listing courtesy of Michael Gilman, 3GEN Real Estate Inc Phone: 802-227-7327
42-44 Canal Street, Brattleboro, VT, 05301
12,632 sqft
.31 Acre lot in downtown Brattleboro with 4 rental storage units. Storage units with parking lot can bring in ~10K+ of revenue if used as such, or lot is perfect for townhome development, which is highly supported by the Town. Storage units rents out at $150 each. The lot recently appraised at $45,000 (please e-mail for appraisal). Parking lot currently used by residents of adjacent buildings seller owns and is selling (or has owned). Significant value-add possible through paid parking, as parking is highly in demand and the lot can accommodate an estimated 20+ vehicles. At a modest $30 per car this is additional $7200 in annual revenue. Listing Broker is also manager of the partnership that owns the property.
Status:
Active
Type:
Lot / Acreage
Zoning:
MU
Frontage:
265
Acreage:
0.29
Est. Taxes:
$2,057
Lot Description:
Corner
MLS #:
5042626