114 Cemetery Avenue Manchester VT Commercial For Sale $3250000

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114 Cemetery Avenue Manchester VT
Listed by Britt Wohler WOHLER REALTY GROUP

Description:

Incredible Office Space & Investment Opportunity - Manchester, VT Position your business for success with this prime Grade A office property in the heart of Manchester, Vermont. Offering 5,000± sq. ft. of highly visible, flexible space, this property is perfectly suited for an end user, investor, or a combination of both. Exquisitely renovated in 2015, the building is turnkey and adaptable--ideal for a single large occupant or easily configured into six private office suites. Whether you are seeking a modern headquarters, a professional services hub, or a strong investment property, this space delivers on every level. The building can be delivered vacant or with tenants in place, providing immediate occupancy or repositioning potential. Highlights & Upgrades: Comprehensive 2015 renovation with modern finishes Immaculately maintained inside and out Updated utilities for today's business needs Flexible layout with over six private offices Exceptional visibility on one of Southern Vermont's most vibrant commercial corridors. Investment Summary: Projected Gross Income: $211,200.00 Less: Operating Expenses: $13,642.72 Projected Net Operating Income (NOI): $192,074.34 Valuation & Return Metrics: Purchase Price: $ 3,250,000.00 Projected Capitalization Rate (Cap Rate): 5.90% Steps from Manchester's renowned shops, dining, and cultural attractions. This is a rare opportunity to own or lease a high-profile commercial asset in one of Vermont's most desirable destination towns.
Sale Includes : Building Only

Features:

Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0

Propery Information:

Construction Information:
Year Built: 1800
Price Per SQ.FT. 392.13 No. of Units: 0
Building Size : 8288

Exterior

InteriorBasement: Concrete | Insulated | Basement Stairs

Land Information

Lot size: 0.79 acres
Zoned: Mixed Use- MU1
Flood Zone: No
No. of Docks | 0.

UtilitiesUtilities: Other
AC % | 0.

Additional Information

Easement - Unknown
Taxes $14,200
Assesed Value Not Reported

Schools

565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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