Bought with Joshua Wien • Northshire Realty
$710,000
$899,000
21.0%For more information regarding the value of a property, please contact us for a free consultation.
11,765 SqFt
SOLD DATE : 01/13/2021
Key Details
Sold Price $710,000
Property Type Commercial
Sub Type Investment,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 11,765 sqft
Price per Sqft $60
MLS Listing ID 4608442
Sold Date 01/13/21
Year Built 1940
Annual Tax Amount $12,447
Tax Year 2019
Property Description
For the first time in nearly three decades a prime location in Manchester’s commercial core is available for sale. The .96 acre parcel is located at the intersection of Depot Street (Routes 11/30) and Richville Road, a busy eastern corridor into this southern Vermont town. The parcel borders the famed Battenkill with more than 300 feet of frontage. The level parcel includes one three-story building originally constructed in the 1880's, updated in the 1940s, and again in the 1990s. It currently houses a 2200 sq. ft. convenience store, a 3300 sq. ft. auto parts store and 2200 sq. feet of residential space on the upper floors. Additionally, there is a 3000 sq. ft. bath and tile store constructed in 1990 on the parcel. A paved asphalt parking lot between the two structures with additional gravel parking available behind the older building provides 36 designated parking spaces. 4 rental income producing units - 1 residential & 3 retail spaces. In addition, property is sold with a current town permit to construct a new 3000 square foot convenience store with 4 gas pumps/8 hoses. This 0.96 acre lot has endless opportunities. Seller owns existing Convenience Store and Auto Parts Store and will consider selling businesses in addition to real estate. Property addresses include: 508, 530, 532, and 534 Depot Street, Manchester Center, Vermont 05255.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning C-1
Rooms
Basement Entrance Interior
Basement Full
Exterior
Exterior Feature Wood Siding
Utilities Available Cable
Building
Sewer Public
Water Public
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "