4267 Vt Route 5Derby, VT 05829MLS Number 4994018

  • Price: $450,000
  • 27 Days on Market
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Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* 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.
Active with Contract
  • 0.95Acreage
  • 1987Year Built
  • 4,320Square Feet

Driving Directions

Listed by Ryan Pronto of Jim Campbell Real Estate
4-Unit commercial building on the heavily traveled VT Route 5 in Derby “The Derby Road” and situated adjacent to Exit #28 on Interstate 91. Offering a commercial plaza type setting, 4320sq.ft building, ample parking and great visibility on the most heavily traveled road in all of Orleans County. This is an ideal investment property with approx. a 7.5% return on investment, as all units are fully leased to well established & long term tenants. Two first floor units (retail store & restaurant) and the second level offers two units; one retail store and one residential apartment unit. All four leases are secured long term with renewal options & rent increases built into the lease agreements. Public water & sewer, tenants pay their own electric, long range views out the back and great visibility & signage. This property is low maintenance and a steady income producing property. Lease agreement and income & expenses available upon request. Location, Location, Location!

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More Info

Basic Information

  • PermissionDeed, Lease Agreements, Property Disclosure, Survey, Tax Map

Building

  • Year Built1987
  • NumberOfUnitsInCommunity4
  • FoundationSlab - Concrete
  • Square Feet4,320
  • Available Sqft4,320
  • BasementConcrete Floor

Exterior

  • RoofShingle

Amenities

  • Accessibility Amenities1st Floor 1/2 Bathroom,1st Floor Hrd Surfce Flr, Access Parking, Hard Surface Flooring, No Stairs from Parking, Paved Parking
  • PricePerSqFt104.17

Tax Information

  • Tax Year2023

Location

  • Building Number4267
  • StreetVt Route 5
  • TownDerby
  • StateVT
  • Zip05829
  • CountyOrleans
  • MapDerby

Property

  • Acreage0.95
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Near Shopping
    • Near Snowmobile Trails
    • Other
  • Lot Sqft41,382

Other

  • AC percent100
  • Transport AccessMajor Road Access, State Highway, Town Highway
  • Date Listed05/03/2024
  • View Count147

Basic Information

  • StatusActive With Contract
  • Modification Date05/07/2024
  • TypeInvestment, Office, Other, Retail
  • List Price$450,000
  • Broker NameJim Campbell Real Estate
  • Listing Agent NameRyan Pronto
  • Lister Office NameJim Campbell Real Estate
  • MLS Number4994018
  • MLS StatusActive Under Contract

Utilities

  • FuelOil
  • Heating CoolingBaseboard, Hot Water
Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 May 30, 2024 5:38 AM EDT

 

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