Bought with David Shehadi • Josiah Allen Real Estate, Inc.
$890,000
$890,000
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4,187 SqFt
SOLD DATE : 10/28/2022
Key Details
Sold Price $890,000
Property Type Commercial
Sub Type Business,Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,187 sqft
Price per Sqft $212
MLS Listing ID 4820021
Sold Date 10/28/22
Year Built 1938
Annual Tax Amount $7,291
Tax Year 20
Lot Size 0.280 Acres
Acres 0.28
Property Description
366 Depot Street Real Estate Building: 3 APTS...Manchester Laundromat LLC... An Essential Business... Strong Central Manchester visibility on Route 30 or Depot Street in high traffic commercial area... 4187 SF Building, .28 acres with 8 parking spaces plus, an established business. Since 2014 completely renovated 2187 SF commercial space and updated equipment in 2016. Rear operations room accommodates office, laundry wash/dry/fold/iron service as well as dry cleaning pick up services. Self serve laundromat and utility. Washers: card reading 4 60lb, 8 40lb, 15 30lb, 8 18lb, 2 coin top load. Dryers: 26 card reading 30lb, 6 45lb. Coin Vending. Mixed Use includes three apartments consisting of a studio, one bedroom (under renovation and not leased) and two bedroom currently leased with long standing tenants are deeply under value. Rental units stand to trend upward values instantly and further with renovations. Successfully operating laundromat business concern with numbers trending up yearly... All immediate and successful neighboring businesses are long established and stable since 1960's/70's. Town water and sewer, underground electric. Street lighting with side walk access. ROW over the subject and abutting property to the east for purposes of ingress and egress. Confidentiality docs and financials with qualified principals only. By appointment only.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning commercial
Interior
Heating Gas - LP/Bottle
Exterior
Exterior Feature Concrete
Garage Off Street, Parking Spaces 5 - 10, Paved
Garage Description Off Street, Parking Spaces 5 - 10, Paved
Utilities Available Cable - Available, High Speed Intrnt -AtSite, Telephone Available
Roof Type Flat,Membrane
Building
Lot Description City Lot, Level, Neighbor Business, Street Lights
Foundation Slab w/ Frost Wall
Sewer Public Sewer On-Site
Water Public
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