366 Depot StreetManchester, VT 05255MLS Number 4820021

  • Sale Price: $890,000
  • 36 Days Since Sale
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* 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.
  • 0.28Acreage
  • 1938Year Built
  • 4,187Square Feet
  • ClosedMLS Status

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Listed by Laura Beckwith of Josiah Allen Real Estate,Inc.

Listing Sold by Josiah Allen Real Estate, Inc.
366 Depot Street Real Estate Building: 3 APTS...Manchester Laundromat LLC... An Essential Business... Strong Central Manchester visibility on Route 30 or Depot Street in high traffic commercial area... 4187 SF Building, .28 acres with 8 parking spaces plus, an established business. Since 2014 completely renovated 2187 SF commercial space and updated equipment in 2016. Rear operations room accommodates office, laundry wash/dry/fold/iron service as well as dry cleaning pick up services. Self serve laundromat and utility. Washers: card reading 4 60lb, 8 40lb, 15 30lb, 8 18lb, 2 coin top load. Dryers: 26 card reading 30lb, 6 45lb. Coin Vending. Mixed Use includes three apartments consisting of a studio, one bedroom (under renovation and not leased) and two bedroom currently leased with long standing tenants are deeply under value. Rental units stand to trend upward values instantly and further with renovations. Successfully operating laundromat business concern with numbers trending up yearly... All immediate and successful neighboring businesses are long established and stable since 1960's/70's. Town water and sewer, underground electric. Street lighting with side walk access. ROW over the subject and abutting property to the east for purposes of ingress and egress. Confidentiality docs and financials with qualified principals only. By appointment only.

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More Info

Basic Information

  • StatusSLD
  • Modification Date10/28/2022
  • TypeBusiness, Multi-Family
  • List Price$890,000
  • Broker NameJosiah Allen Real Estate, Inc.
  • Listing Agent NameLaura Beckwith
  • Lister Office NameJosiah Allen Real Estate, Inc.
  • Seller Office NameJosiah Allen Real Estate, Inc.
  • Selling Agent NameDavid Shehadi
  • MLS Number4820021
  • MLS StatusClosed

Location

  • Building Number366
  • StreetDepot Street
  • TownManchester
  • StateVT
  • Zip05255
  • CountyBennington

Property

  • Acreage0.28
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Near Paths
    • Near Shopping
    • Village
  • Lot Sqft12,197
  • Road Frontage95

Building

  • Year Built1938
  • ConstructionMasonry, Other
  • NumberOfUnitsInCommunity4
  • FoundationSlab w/ Frost Wall
  • Square Feet4,187
  • Available Sqft4,187
  • Garage Spaces

Exterior

  • ExteriorConcrete
  • RoofFlat, Membrane

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingBaseboard

Other

  • Transport AccessCity Street, Paved, State Highway
  • View Count67
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Mary Mitchell Miller Real Estate
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PO Box 8
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Broker Reciprocity

Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 December 3, 2022 3:53 AM EST.

 

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