4267 Route 5 (The Derby Road)Derby, VT 05829MLS Number 4769948

  • Price: $399,000
  • 9 Days on Market
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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.95Acreage
  • 1987Year Built
  • 4,320Square Feet

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Listed by Ryan Pronto of Jim Campbell Real Estate

Prime investment property with this fully leased 4-Unit commercial building on Route 5 in Derby, VT. Situated adjacent to Exit 28 on Interstate 91 and offering a commercial plaza type setting, 4320sq.ft, ample parking and great visibility on the most heavily traveled road in all of Orleans County. Income producing property with well established & long term tenants in all the units. Two first floor units (retail store & restaurant) and the second level offers two units; one retail store and one residential apartment unit. Updated heating unit, central air units, spectacular views and more. All four leases are secured long term with renewal options & rent increases built into the lease agreement. This property is low maintenance and a steady income producing property, financials available upon request. Location, Location, Location!

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More Info

Basic Information

  • StatusACT
  • Modification Date08/09/2019
  • TypeOffice, Retail
  • List Price$399,000
  • Broker NameJim Campbell Real Estate
  • Listing Agent NameRyan Pronto
  • Lister Office NameJim Campbell Real Estate
  • MLS Number4769948

Utilities

  • FuelOil
  • Heating CoolingBaseboard, Hot Water

Location

  • Building Number4267
  • StreetRoute 5 (The Derby Road)
  • TownDerby
  • StateVT
  • Zip05829
  • CountyOrleans
  • MapDerby

Property

  • Acreage0.95
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaBusiness District, Near Shopping, Near Snowmobile Trails, Other
  • Lot Sqft41,382

Building

  • Year Built1987
  • ConstructionWood Frame
  • Units4
  • FoundationSlab - Concrete
  • Square Feet4,320
  • Available Sqft4,320
  • BasementConcrete Floor

Exterior

  • ExteriorWood Siding
  • RoofShingle

Amenities

  • Accessibility AmenitiesAccess Parking, No Stairs from Parking, Paved Parking

Other

  • AC percent100
  • Transport AccessMajor Road Access, State Highway, Town Highway
  • View Count20
Broker Reciprocity

Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 17, 2019.

 

 

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