Bought with Kaitlyn Hummel • Prestige Real Estate of Killington
$893,000
$995,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
8,372 SqFt
SOLD DATE : 08/02/2024
Key Details
Sold Price $893,000
Property Type Commercial
Sub Type Business,Office,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,372 sqft
Price per Sqft $106
MLS Listing ID 4935652
Sold Date 08/02/24
Year Built 1972
Annual Tax Amount $12,401
Tax Year 2022
Lot Size 0.700 Acres
Acres 0.7
Property Description
Don’t let this incredible Killington investment opportunity pass you by. This commercially zoned property, featuring 150 feet of road frontage on US Route 4 in Killington across the street from the Post Office and future home of the Killington Town Offices generates $50,400 in rental income in 3 of the 4 spaces available for rent. The 2,450 sq ft vacant office space with a suggested rent of $3,000 per month is the perfect spot to locate your business, or generate additional investment income. Two 1-bedroom apartments upstairs allow for live-in convenience or rental income. Ample parking is available outside, and a full walkout basement with framed walls, currently used for storage and workshop, could be permitted for further development. An oil furnace and propane gas fireplace keep the cozy feel throughout with central air throughout keeps you cool in the summer months. Also included are three ERUs for the Alpine Pipeline Sewer system.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Commercial RTE 4
Rooms
Basement Entrance Interior
Basement Concrete Floor, Daylight, Full, Insulated, Roughed In, Stairs - Interior, Storage Space, Walkout, Interior Access
Interior
Heating Gas - LP/Bottle, Oil
Cooling Central AC
Exterior
Garage Driveway, On-Site, Paved
Garage Description Driveway, On-Site, Paved
Utilities Available Gas - LP/Bottle
Waterfront No
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Shingle - Asphalt
Building
Foundation Concrete
Sewer Private, Public Available
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