3757 Richville RoadManchester, VT 05255MLS Number 4922593

  • Price: $1,500,000
  • 135 Days on Market
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Federal 30-year interest rate: 6.33% last updated on Dec 8, 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.
  • 1986Year Built
  • 12,500Square Feet
  • ActiveMLS Status
  • 21Map

Driving Directions

Listed by Derek Greene of Derek Greene
Earth & Sea, a wholesaler and retail purveyor of fine quality seafood is being offered for sale. This company has had continuous growth and profitability for over 35 years. The company, established by its present proprietor will offer the new owners a 20% CAP rate. The customer list transfers with the sale, which includes restaurants and retailers in Burlington, western New Hampshire, Albany, Vermont ski areas, and the Saratoga region. There are over 150 active customers, 80% being restaurants, 20% retail locations. The on-site retail store constitutes 15% of the gross sales. Equipment includes a modern fleet of seven delivery and transport trucks, high-quality processing equipment, office and retail fixtures. Owner will agree to a noncompete clause and continue on as an employee to mentor the new management if desired. The company operates in a leased facility and has recently executed a new 10 year lease. There is an opportunity to purchase the complex, along with the business. The combined cost of the building and the business would be 2,750,000. The combined offering will result in a 13.25% CAP rate.

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More Info

Basic Information

  • StatusACT
  • Modification Date07/27/2022
  • TypeBusiness, Retail
  • List Price$1,500,000
  • Broker NameDerek Greene
  • Listing Agent NameDerek Greene
  • Lister Office NameDerek Greene
  • MLS Number4922593
  • MLS StatusActive

Interior

  • Ceiling Height14

Utilities

  • FuelGas - LP/Bottle

Water Body

  • Docks3

Other

  • Transport AccessCity Street, Major Road Access
  • View Count12

Location

  • Building Number3757
  • StreetRichville Road
  • TownManchester
  • StateVT
  • Zip05255
  • CountyBennington
  • Map21

Property

  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Industrial Park
    • Near Public Transportatn
    • Near Railroad
    • Near Shopping
  • Road Frontage200

Amenities

  • Accessibility AmenitiesAccess Common Use Areas, Access Parking

Building

  • Year Built1986
  • ConstructionAluminum, Insulation-Foam/ClkAirSl, Masonry, Metal
  • Door Height12
  • NumberOfUnitsInCommunity4
  • Drive/Doors1
  • FoundationConcrete, Poured Concrete
  • Square Feet12,500
  • Available Sqft5,500
  • Garage Spaces
  • Rail Available Y/NYes

Exterior

  • ExteriorAluminum, Cement
  • RoofMembrane
Mary Mitchell Miller Real Estate
Mary Mitchell Miller Real Estate
620 Main Street
PO Box 8
Weston, VT 05161
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 9, 2022 7:53 AM EST.

 

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