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Courtesy of Daire Gibney of Barrett and Valley Associates Inc.: .

363 River Street

Springfield, VT 05156
  • $675,000
  • STATUS: Active
  • ON SITE: 278 Days
  • MLS #: 4954678
UPDATED: 64 min ago
$675,000
  • 0
    BEDS
  • 1.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,560
    SQFT
  • $79
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Description

This extremely well-built and maintained building is perfect for an investor who wants a diverse, well-established, and stable investment property. Anchored by a unique and popular 1955 Fully Restored Mahoney diner car with 88 seats and a modern circa 2003 stainless steel commercial kitchen, which was built with the capacity of double the restaurant's current output. There is also a modern fitness center along with two office units! The rents are stable and leases are solid through 2024. It is far to say that this opportunity will pay off. Situated along Route 106 with a daily traffic count of over 8,500 vehicles this property will always occupy a prime location near the bustling town of Springfield, Vermont. The property has many updates including newer HVAC. The spaces themselves are large and can be configured in many ways allowing for an array of new uses in the future. Come see this fantastic opportunity today!!

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 2024-03-04T18:05:52.197.
www.mcguirkproperties.com/homes/140004143
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363 River Street Springfield, VT 05156

  • Price: $675,000
  • Status: Active
  • On Site: 278 Days
  • Updated: 64 min ago
  • MLS #: 4954678
0
Beds
0
Baths
0
½ Baths
1.29
Acres
8,560
SQFT
$79
$/SQFT
1960
Built
Neighborhood:
Springfield
County:
Windsor
Area:
Springfield
Property Description
This extremely well-built and maintained building is perfect for an investor who wants a diverse, well-established, and stable investment property. Anchored by a unique and popular 1955 Fully Restored Mahoney diner car with 88 seats and a modern circa 2003 stainless steel commercial kitchen, which was built with the capacity of double the restaurant's current output. There is also a modern fitness center along with two office units! The rents are stable and leases are solid through 2024. It is far to say that this opportunity will pay off. Situated along Route 106 with a daily traffic count of over 8,500 vehicles this property will always occupy a prime location near the bustling town of Springfield, Vermont. The property has many updates including newer HVAC. The spaces themselves are large and can be configured in many ways allowing for an array of new uses in the future. Come see this fantastic opportunity today!!
Exterior Features

Construction Materials Aluminum SidingVinyl Siding Lot Features City LotLevelMajor Road Frontage Parking Parking Spaces 21+ Road Frontage Yes Transport Access Public TransportationPaved

Interior Features

Basement No Cooling Central AC Sq Ft Total Building 9020 Sq Ft Total Source Public Records

Property Features

Area Description Business DistrictCommercial ZoningNear ShoppingSuburban Auction No Commercial Features Public RestroomsSecurity System Covenants Unknown Electric 3 PhaseOn-Site Flood Zone Unknown Foreclosed / Bank Owned / REO No Gross Income 82328 Heat Fuel Electric Investment Info Yes Natural Gas Available No Net Income 35573 Pre Construction No Sale Includes EquipmentLand/Building Seasonal No Sewer Public Span Number 606-190-10048 Sub Property Type InvestmentOfficeOpportunityOther Sub Property Type Use Food ServiceFree Standing BuildingOffice BuildingStorefront Tax Gross Amount 18282 Tax Year 2022 Taxes Tbd No Vacant Land No Water Source Public Zoning commercial

Courtesy of Daire Gibney of Barrett and Valley Associates Inc.: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 2024-03-04T18:05:52.197.
 
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McGuirk Properties, LLC
95 Ocean Blvd
Hampton NH, 03842