363 River Street Springfield, VT $ 675,000
363 River Street
$ 675,000
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363 River Street

Springfield, VT, 05156
$ 675,000
Baths0.0 Sq 9,020

Monthly Estimate*

$ 4,715

Listed by Daire Gibney, Barrett and Valley Associates Inc., 802-380-5464, dgibney.bva@gmail.com
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Studio

Commercial Property for sale in Springfield, VT

for $675,000. This 9,020 square foot building was built in 1960 on a lot size of 1.29.

This extremely well-built and maintained building is perfect for an investor who wants a diverse, well-established, and stable investment property. Anchored by a unique and popular 1955 Fully Restored Mahoney diner car with 88 seats and a modern circa 2003 stainless steel commercial kitchen,  which was built with the capacity of double the restaurant's current output. There is also a modern fitness center along with two office units!  The rents are stable and leases are solid through 2024. It is far to say that this opportunity will pay off.  Situated along Route 106 with a daily traffic count of over 8,500 vehicles this property will always occupy a prime location near the bustling town of Springfield, Vermont. The property has many updates including newer HVAC. The spaces themselves are large and can be configured in many ways allowing for an array of new uses in the future. Come see this fantastic opportunity today!!

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Commercial Active

Price

$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,282

Style

Investment,Office,Opportunity

Lot Size

1.29

Year Built

1960

Town/City

Springfield

County/Region

Windsor

MLS | Web ID

4954678

Features
General
Road Frontage Yes
Sewer Public
Cooling Central AC
Parking Parking Spaces 21+
Flood Zone Unknown
Zoning commercial
Status Active
Year Built 1960
Electric 3 Phase On-Site
Net Income 35573
Tax Year 2022
Area VT-Windsor
Seasonal No
Area Description Business District Commercial Zoning Near Shopping Suburban
Price Per Sq Ft 74.83
Tax Gross Amount 18282
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Interior
Basement No
Heating Fuel Electric
Total Number of Units 4
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Exterior
Lot Size Area 1.29
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* Excluded Features
List By
Daire Gibney

Listing Agent

Barrett And Valley Associates Inc.

Broker

(802) 380-5464

Phone

dgibney.bva@gmail.com

Email

Affordability Calculator

$6,239
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,715
Monthly Property Taxes
$1,524
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2023$675,000 Listed Price

Map


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363 River Street, Springfield, VT, 05156 is a Commercial Property for sale at $675,000 with 9,020 sqft and a lot size of 1.29. 363 River Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 05156 which is in Springfield, VT