15 CENTRAL STREET Woodstock, VT 05091 | Commercial Sale | Investment, Office, Opportunity, Retail
$945,000 ![]()
Closed
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6612 sqft.
Listing Courtesy of
Williamson Group Sothebys Intl. Realty
Description
15 CENTRAL is considered the superior retail location in Woodstock Village with two of the most creative and successful businesses as anchor tenants. The second floor offer 4 office suites with exterior windows and access to a metal fire escape in the rear of the building exiting into a paved parking area. The third floor was the long time office space for highly regarded Ertel & Associates Architects. This space is currently vacant, as the principal has retired and is available for lease or conversion to residential use with covered porch access to the metal fire escape. CAP rate is a stable 6+ with room to increase by adapting the third floor to residential in a zero vacancy environment.
Property Details
List Price
$945,000
Sold Price
$945,000
List Date
2020-05-01
Sold Date
2021-02-19
MLS ID
4803245
Status
Closed
Property Type
Commercial Sale
Business Type
Investment, Office, Opportunity, Retail
County
VT-Windsor
Days on Market
208
structure
basement
Yes
Total Baths
0
building area total
6612.0
building area units
Square Feet
cooling
Mini Split, Wall AC Units
Features Exterior
Business Type Investment, Office, Opportunity, Retail
foundation details
Concrete, Fieldstone
heating
Baseboard
living area
6612.0
living area source
Public Records
living area units
Square Feet
Parking Features
On Street
roof
Membrane
stories
3
characteristics
Acres
0
lot size area
0.05
Lot SqFt
2178.0
tax
tax annual amount
14427.78
tax year
2020
zoning
Central Commercial
financial
gross income
93189.0
net operating income
55942.0
operating expense
35663.0
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 12:00:55 AM (UTC)
