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$114,900 | $164 per sq.ft.
Commercial Property, in 102 Railroad Street Royalton VT | Space type MLS# 4991911
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Listed by Jacqueline Jameson Jameson Real Estate on
April 18th 2024
102 Railroad Street Royalton VT 05068
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DESCRIPTION
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This is an a great opportunity to own a 700 square foot commercial space in downtown South Royalton. The downtown location has municipal water and sewer and consists of a 20' x 35' log cabin that sits on .2 acres of leased land owned by the Central Vermont Railway. The cabin is currently rented as a residence and includes a full bath, bedroom and a kitchen. The current resident pays $975.00 per month plus all utilities and has rented the cabin for the past six years. This adorable cabin has been a barber shop, dental office, video store, insurance office, and custom jewelry store. The lease for the land is currently $2932 per year. The new owner will need to renegotiate the lease prior to the sale for a fee of $1000 to the Central Vermont Railway.
Building Type : Business | Investment | Office | Opportunity | Retail
Misc : Fence - Full | Living Space Available | Phone System
Sale Includes : Building Traffic Count-| Price per SQFT | 164.14 Net Income| 0 Gross Income| 11700 Management Expense-| $0 Insurance Expense -| $0 Rail Service-| Y
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FEATURES AND DETAILS
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| Price Per SQ.FT. 164.14 | Year Built: 1975 No. of Units-| 1 Building Size | 700 Available SQFT | 700 Divisable SQFT | Unknown
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Building Type: Business | Investment | Office | Opportunity | Retail Garage And Parking: Driveway Heating: Baseboard | Hot Air Electric: 100 Amp Utilities: Cable No. of Docks | 0. No. of Drive Doors | 700.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.05 acres Zoned: COMMERCIAL Flood Zone: No
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Taxes $1,998 | Assesed Value $0 in |
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