328 South Main Street Richford, VT $ 625,000
328 South Main Street
$ 625,000
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328 South Main Street

Richford, VT, 05476
$ 625,000
Bedrooms-- Baths0.0 Sq 10,000

Monthly Estimate*

$ 2,632

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Commercial Property for sale in Richford, VT

for $625,000. This 10,000 square foot building was built on a lot size of 9.5 Acre(s).
Listed by Dianna Benoit-Kittell, KW Vermont- Enosburg

Stock Market a bit unstable? check out this investment opportunity. Versatile building currently rented by section with the opportunity to be opened up for manufacturing/industrial use. 14' ceilings throughout with only one partition that cannot be removed. This property requires minimal maintenance; exterior of the building is comperflex, concrete block and brick, and driveway is paved. Owned solar on the roof provides power for the whole building through high use months and generates a significant credit for the owner. Current tenants include a day care, hair salon, gym, laundromat, tanning salon, office space and a parcel delivery service (serving primarily Canadian customers). 9.5 acres of prime agricultural 'river bottom' land could be home to hemp or hops (potential brewery space with room for a restaurant). Building was formerly occupied by Sterling Scale (a manufacturing plant). Investor priced for 10-12% cap rate once rented to capacity.

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Commercial Active

Price

$ 625,000

Property Type

Commercial

Taxes

$ 11,482

Style

Other / Unknown

Lot Size

9.5 Acre(s)

Town/City

Richford

County/Region

Franklin

MLS | Web ID

4792306

Features
Interior
Appliances Smoke Detector
Basement Concrete Basement Frost Wall None
Cooling System Central Air
Heating Source Hot Air Oil
Heating System Blowers
Sewer Public Sewer
Water Source Metered Water Public Water
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Exterior
Construction Masonry
Foundation Concrete Slab
Lot Description City/Village Landscaping
Parking 21-40 Parking Spaces On Site Parking Parking Spaces
Road Frontage Major Road Access Other Paved State Highway Trail
Roof Architectural Shingle Asphalt Roof
Siding Block Exterior Concrete Siding
Waterfront Description River
Zoning Commercial
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Miscellaneous
Accessibility Handicap Access Handicap Bath Features Handicap Features Handicap Parking No Step Entry Wide Doorways
Commercial 3 Phase Electric Restroom(s) Sale Includes Building Security System / Alarm Showers
Location Near Public Transportation Rural
Utilities Electric Circuit Breakers
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Rental
Rent Includes Heat
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* Excluded Features
List By
Dianna Benoit-Kittell

Listing Agent

Kw Vermont- Enosburg

Broker

Affordability Calculator

$3,589
Per Month
73%
27%
0%
Monthly Principal & Interest
$2,632
Monthly Property Taxes
$957
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 2.99% 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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Nearby
Pricing History
DatePricePrice ChangeDescription
7/10/2020$625,000 -7.41% Price Down
2/1/2020$675,000 Listed Price

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328 South Main Street, Richford, VT, 05476 is a Commercial Property for sale at $625,000 with 10,000 sqft and a lot size of 9.5 Acre(s). 328 South Main Street has 0.0 baths. The property's zip code is 05476 which is in Richford, VT