14-15-17-21-25 Westminster Street Village of Saxtons River in Town of Rockingham VT Commercial For Sale $2900000

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14-15-17-21-25 Westminster Street Village of Saxtons River in Town of Rockingham VT
Listed by Heidi Bernier Berkley & Veller Greenwood Country

Description:

For developers or investors seeking property with stable income and growth potential, the Warner Center campus presents an excellent opportunity. This surveyed 140-acre property comprises 24 residential rental units and 3 commercial spaces within six extensively renovated brick buildings - over 34,000sf altogether. The buildings are situated in a spacious, sunlit field, conveniently located within walking distance of the historic Village of Saxtons River, which features Vermont Academy, the Saxtons River Inn, a performing arts organization, yoga studio, and the Village Market. Ten minutes' drive to Exit 5 on I-91 or Bellows Falls. Cell tower lessee has a 30-day ROFR' The campus includes over 100 acres of wooded hillside equipped with a revenue-generating cell tower. The property benefits from a private, professionally managed, 117,000-gallon water system, municipal wastewater services, underground three-phase power, and high-speed cable connectivity to each unit. Ten level acres offer town road or private road frontage plus water and sewer, presenting additional development possibilities. The front acres are zoned for village use, while the RR-1 zoned land provides options for a planned unit development or individual lots. Originally established as a girls' school, the campus was acquired 22 years ago by an investor who has implemented a series of strategic renovations and upgrades, resulting in an attractive living and working environment. Also listed under Multi-family MLS #5085325.
Sale Includes : Additional Buildings | Garage | Land/Building

Features:

Income
Net Income| 0
Gross Income| 353000
Management Expense: $0
Insurance Expense : $0

Propery Information:

Construction Information:
Year Built: 1950
Price Per SQ.FT. 84.26 No. of Units: 24
Building Size : 34419
Available SQFT : 34419

ExteriorRoof: Slate

InteriorBasement: Bulkhead | Other | Basement Stairs

Land Information

Lot size: 139.7 acres
Zoned: SR
Surveyed: Yes
SurveyedBy: Di Bernardo
Flood Zone: No
Road Frontage: 470
Road Frontage: 470
No. of Docks | 0.

UtilitiesUtilities: Cable | Telephone at Site
AC % | 0.

Additional Information

Docs Available : Survey
Easement - Yes
Taxes $58,472
Assesed Value Not Reported

Schools

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