Great Investment Opportunity! Historic Manchester convenience store plus additional retail space plus separate commercial building plus apartment. Corner location at traffic-lighted intersection. This .96 acre parcel is located at the intersection of Depot Street (Routes 11/30) and Richville Road in the commercial core of Manchester. It borders the famous Battenkill River with over 300 feet of frontage and is one of the busiest locations in Town at the east end. Close to Super 7 interchange and gateway to ski areas. The level parcel includes one three story building that currently houses a 2250sq. ft. convenience store, a 2100 sq. ft. vacant retail space and a 1250 sq. ft. residential apartment. In addition, there is a 3000 sq. ft. retail building constructed in 1990 offering multiple possibilities to a new owner. Ample parking, easy access, great visibility, high traffic. Many recent upgrades and improvements including new propane boiler, electrical wiring & plumbing upgrades, etc. It checks all the boxes! Investors take note: Potential 10+% CAP Rate. See attached proforma. Easy to show, call broker.

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Basic Information

StatusACT
Modification Date01/08/2023
TypeBusiness, Development, Investment, Land, Opportunity, Other, Retail
List Price$1,200,000
Broker NameNorthshire Realty
Listing Agent NameJoshua Wien
Lister Office NameNorthshire Realty
MLS Number4921157
MLS StatusActive

Location

Building Number508/530/532/534
StreetDepot Street
TownManchester
StateVT
Zip05255
CountyBennington

Property

Acreage0.96
Property TypeCommercial Sale
Lot Sqft41,818

Other

View Count19

Building

Year Built1940
NumberOfUnitsInCommunity4
Square Feet8,600
Available Sqft8,600
BasementStairs - Basement
Garage Spaces

Exterior

ExteriorWood Siding

Legal

Taxes$13,584.33
Price/SF$139.53
OtherStructuresEquipment, Land/Building
ZoningC-1

Copyright 2023 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 June 5, 2023 3:54 PM EDT

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Your Questions & Comments I found a listing on "Mary Mitchell Miller Real Estate" which you may be interested in:

508/530/532/534 Depot StreetManchester, VT 05255MLS Number 4921157

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