301-321-341 Depot ST Active

Manchester,VT 05255

$ 1950000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business,Multi-Family,Office,Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4996358

Annual Tax Amount $37,653

Tax Year 2022

Lot Size 1.790 Acres

Acres 1.79

Property Description

There are THREE BUILDINGS INCLUDED IN THIS OFFERING. Building #1, 301 Depot Street has 5,652 sq ft on two floors, includes and elevator. Building #2, 321 Depot Street has 6,108 sq ft on 2 floors and NO Elevator. Build #3, 341 Depot Street has 5,916 sq ft, on two floors with elevator and currently has a mo. to mo. tenant who occupies the entire building. The Town of Manchester who owns the land acquired the buildings as the result of the experimentation of a Land Lease the Town had with the Tenant who constructed all 3 buildings. Currently buildings 301 and 321 are vacant. Building 341 has a tenant who occupies the entire building and is currently on a month to month basis. This Tenant has expressed a desire to remain in this location and is seeking a long term lease. Based on this information, the Town of Manchester makes not representations as to the Current Tenant or conditions of the buildings, they are being sold "AS IS". Sales price is below the most recent appraisal of the property. There are 82 parking spaces according to the appraisal. All the above information was provided to the broker via the Town of Manchester based on the appraisal which also notes that the property appears to be in the flood hazard zone. The Town Center Zone allows for the most intensive commercial and mixed-use development in Manchester. Vehicle Count 7,379, 2020. Prospective Buyers will be required to sign a confidentiality agreement and show proof of funds.

Location

State VT

County Vt-bennington

Area Vt-Bennington

Zoning Town Center*

Interior

Heating Gas - LP/Bottle

Cooling Central AC

Inclusions Other

Equipment Sprinkler System,Air Conditioner

Exterior

Garage On-Site,Paved

Garage Description On-Site,Paved

Utilities Available Gas - LP/Bottle,Telephone At Site,Other

Building

Sewer Public

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