2853 Route 5 Derby, VT $ 899,999
2853 Route 5
$ 899,999
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2853 Route 5

Derby, VT, 05829
$ 899,999
Baths0.0 Sq 10,324

Monthly Estimate*

$ 6,287

Listed by Michael Conley, Conley Country Real Estate & Insurance, 802-766-2401, mick@conleycountry.com
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Studio

Commercial Property for sale in Derby, VT

for $899,999. This 10,324 square foot building was built in 1840 on a lot size of 11.25.

Great opportunity waiting at your door. Formerly used as a 23 bed nursing home . Most recently used as a residence for displaced individuals. Now it is waiting for your ideas. Well maintained building with 13 bedrooms currently and 13 baths, plus 2 shower rooms. Plus spacious living areas and 3 kitchens. All on a level waterfront 11.25 acre parcel with 456 feet on Derby Pond. Picturesque setting with a long drive on 1 side and Derby Lake behind hit. No possession before June 1st. Sprinklered. Direct VAST trail access.

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Commercial Active

Price

$ 899,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,000

Style

Hospitality,Multi-Family

Lot Size

11.25

Year Built

1840

Town/City

Derby

County/Region

Orleans

MLS | Web ID

4982508

Features
Interior
Basement Description Bulkhead Concrete Concrete Floor Crawl Space Slab Stairs - Interior Storage Space Exterior Access
Basement Yes
Total Number of Units 1
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General
Road Frontage Yes
Sewer Public
Utilities Cable
Roof Shingle - Asphalt
Flood Zone No
Zoning R-2 and Shoreline
Status Active
Year Built 1840
Building Number 1
Assessment Amount 868200
Tax Year 2023
Area VT-Orleans
Area Description Near Country Club Near Golf Course Near Shopping Near Snowmobile Trails Near Hospital Near ATV Trails
Price Per Sq Ft 87.18
Tax Gross Amount 17000
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Exterior
Foundation Concrete Stone
Lot Size Area 11.25
Water Body Name Derby Lake
Water Body Type Pond
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* Excluded Features
List By
Michael Conley

Listing Agent

Conley Country Real Estate & Insurance

Broker

(802) 766-2401

Phone

mick@conleycountry.com

Email

Affordability Calculator

$7,703
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,287
Monthly Property Taxes
$1,417
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
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$899,999 -18.18% Price Down
1/17/2024$1,100,000 Listed Price

Map


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2853 Route 5, Derby, VT, 05829 is a Commercial Property for sale at $899,999 with 10,324 sqft and a lot size of 11.25. 2853 Route 5 is a studio with 0.0 baths and was built in 1840. The property's zip code is 05829 which is in Derby, VT