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Courtesy of Joshua Wien of Northshire Realty: [IDXCONTACTINFORMATION].

508/530/532/534 Depot Street

Manchester, VT 05255
  • $1,200,000
  • STATUS: Active
  • ON SITE: 197 Days
  • MLS #: 4921157
UPDATED: 66 min ago
$1,200,000
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,600
    SQFT
  • $140
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

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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© Copyright 2023 New England Real Estate Network, Inc. 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 NEREN. 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 2023-01-30T22:05:44.773.
www.mcguirkproperties.com/homes/130980034
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508/530/532/534 Depot Street Manchester, VT 05255

  • Price: $1,200,000
  • Status: Active
  • On Site: 197 Days
  • Updated: 66 min ago
  • MLS #: 4921157
0
Beds
0
Baths
0
½ Baths
0.96
Acres
8,600
SQFT
$140
$/SQFT
1940
Built
Neighborhood:
Manchester
County:
Bennington
Area:
Manchester
Property Description
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.
Exterior Features

Exterior Wood Siding Road Frontage Yes

Interior Features

Basement Yes Basement Access Type Interior Basement Description Stairs - Basement Sq Ft Total Building 8600 Sq Ft Total Source Public Records

Property Features

Foreclosed / Bank Owned / REO No Natural Gas Available Unknown Pre Construction No Sale Includes EquipmentLand/Building Sewer Public Span Number 375-116-11358 Sub Property Type BusinessDevelopmentInvestmentLandOpportunityOtherRetail Tax Gross Amount 13584.33 Tax Year 2022 Taxes Tbd No Utilities Cable Vacant Land No Water Public Zoning C-1

Courtesy of Joshua Wien of Northshire Realty: [IDXCONTACTINFORMATION].


© Copyright 2023 New England Real Estate Network, Inc. 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 NEREN. 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 2023-01-30T22:05:44.773.
 
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