363 River ST Active Save Request In-Person Tour Request Virtual Tour
Springfield,VT 05156
Key Details
Property Type Commercial
Sub Type Investment,Office,Opportunity,Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,560 sqft
Price per Sqft $78
MLS Listing ID 4954678
Year Built 1960
Annual Tax Amount $18,282
Tax Year 2022
Lot Size 1.290 Acres
Acres 1.29
Property Description
This extremely well-built and maintained building is perfect for an investor who wants a diverse, well-established, and stable investment property. Anchored by a unique and popular 1955 Fully Restored Mahoney diner car with 88 seats and a modern circa 2003 stainless steel commercial kitchen, which was built with the capacity of double the restaurant's current output. There is also a modern fitness center along with two office units! The rents are stable and leases are solid through 2024. It is far to say that this opportunity will pay off. Situated along Route 106 with a daily traffic count of over 8,500 vehicles this property will always occupy a prime location near the bustling town of Springfield, Vermont. The property has many updates including newer HVAC. The spaces themselves are large and can be configured in many ways allowing for an array of new uses in the future. Come see this fantastic opportunity today!!
Location
State VT
County Vt-windsor
Area Vt-Windsor
Zoning commercial
Interior
Heating Electric
Cooling Central AC
Inclusions Equipment,Land/Building
Exterior
Garage Parking Spaces 21+
Garage Description Parking Spaces 21+
Utilities Available Other
Building
Sewer Public