34 WORCESTER VILLAGE ROAD Worcester, VT 05682 | Commercial Sale | Investment, Multi-Family, Opportunity, Retail

$280,000

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2600 sqft.
BHHS Vermont Realty Group/Montpelier Logo
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BHHS Vermont Realty Group/Montpelier

Description

Mixed-use Commercial building in the heart of the Village. Spacious level parking lot for 8+/- cars, w/ distant views. Close to Ladd Hay Meadow and Playground. Great visibility on a main paved corridor/state highway, 9 mi. from the Capitol City of Montpelier. 13 mi. South of Elmore State Park. Anchor tenant on the majority of the main level is the Post Office Cafe (leased through 6/30/2022). (NOTE: If you would like to purchase the cafe equipment/inventory and run your own food business out of the space, that can be arranged by separate purchase). The Worcester Post Office is the other main level tenant (Lease thru 12/31/24). Upstairs, there's a 2-BR, 1-bath residence with hardwood flooring, skylight, and open concept layout (Lease thru 2/28/22). The building has had many electric/plumbing/windows updates, & weatherization completed. Septic replaced in 2011. Concrete/concrete block foundation from the1960's is partially spray-foamed. Municipal water. Cable available. Post office also owns the exterior lift, which would not be transferred in the sale of the property. USPS reimburses the owner for 25% of the annual mowing, plowing/sanding, property taxes, heating costs, and furnace cleaning costs which amounts to approximately $2,200 each year ($2,045.54 2020; $2,476.42 2019). See WW-5-5842

Property Details

List Price $299,500 Sold Price $280,000 List Date 2020-10-01 Sold Date 2022-01-04 MLS ID 4832526 Status Closed Property Type Commercial Sale Business Type Investment, Multi-Family, Opportunity, Retail County VT-Washington Days on Market 384

structure

accessibility features 1st Floor 1/2 Bathroom, Access Parking, Bathroom w/5 Ft. Diameter, Hard Surface Flooring basement Yes Total Baths 0 building area total 2600.0 building area units Square Feet cooling Wall AC Units Features Exterior Business Type Investment, Multi-Family, Opportunity, Retail foundation details Block, Concrete heating Baseboard, Hot Water, Multi Zone living area 2600.0 living area source Public Records living area units Square Feet Parking Features Driveway, On-Site, Other, Parking Spaces 6+, Unassigned roof Corrugated, Metal, Standing Seam stories 2 year built 1855

characteristics

current use Free Standing Building Acres 0 lot size area 0.36 Lot SqFt 15682.0 # of Units 3

tax

tax annual amount 4497.5 tax year 2021 zoning No Local zoning

financial

gross income 39600.0 net operating income 26258.0 operating expense 13342.0

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 3/18/2024 8:02:24 PM (UTC)