2853 US ROUTE 5 Derby, VT 05829 | Derby Center | Commercial Sale | Business, Development, Hospitality, Investment, Land, Office, Opportunity, Other

$750,000

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10515 sqft.
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Century 21 Farm & Forest

Description

HUGE PRICE REDUCTION! Derby Green was most recently a 23-bed Nursing Home Facility and is ready for its next chapter. The 10,515 square foot building sits on 8.5± acres with 517' of frontage on Route 5 and 407' frontage on Derby Pond. The site is mostly open with maple trees flanking much of the perimeter. Public water and sewer along with high speed cable internet service the property. Although the lot has been used commercially for years, it is zoned as Residential Two Acre along Route 5 and Shore land District along Derby Pond. The property has so much potential from assisted living, group housing, residential development, condos, townhomes, and more. A wonderful location, minutes to I-91, Main Street, Schools, Restaurants, Stores and the Hospital. Bring your ideas!

Property Details

List Price $750,000 Sold Price $750,000 List Date 2021-09-10 Sold Date 2022-07-22 MLS ID 4882095 Status Closed Property Type Commercial Sale Business Type Business, Development, Hospitality, Investment, Land, Office, Opportunity, Other County VT-Orleans Days on Market 263

structure

accessibility features Access Common Use Areas, Accessibility Features, Handicap Modified, Paved Parking basement Yes Total Baths 0 building area total 10515.0 building area units Square Feet cooling Mini Split Features Exterior Business Type Business, Development, Hospitality, Investment, Land, Office, Opportunity, Other foundation details Concrete, Slab - Concrete heating Baseboard, Hot Water, Multi Zone living area 10515.0 living area source Appraiser living area units Square Feet Parking Features Driveway, On-Site roof Shingle stories 2 year built 1840

characteristics

Acres 8 lot size area 8.5 Lot SqFt 370260.0 possible use No view Pond view y n Yes water body name Derby Lake waterfront features Yes waterfront y n Yes

tax

tax annual amount 17365.29 tax year 2021 zoning Commercial

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 3 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/19/2024 12:06:40 AM (UTC)