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Additional details
Listed by Dick Palmer • Hospitality Consultants, LLC
$1,950,000
Est. payment /mo
1.79 Acres Lot
UPDATED:
11/09/2024 03:44 PM
Key Details
Property Type Commercial
Sub Type Business,Multi-Family,Office,Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4996358
Annual Tax Amount $37,653
Tax Year 2022
Lot Size 1.790 Acres
Acres 1.79
Property Description
There are THREE BUILDINGS INCLUDED IN THIS OFFERING. Building #1, 301 Depot Street has 5,652 sq ft on two floors, includes and elevator. Building #2, 321 Depot Street has 6,108 sq ft on 2 floors and NO Elevator. Build #3, 341 Depot Street has 5,916 sq ft, on two floors with elevator and currently has a mo. to mo. tenant who occupies the entire building. The Town of Manchester who owns the land acquired the buildings as the result of the experimentation of a Land Lease the Town had with the Tenant who constructed all 3 buildings. Currently buildings 301 and 321 are vacant. Building 341 has a tenant who occupies the entire building and is currently on a month to month basis. This Tenant has expressed a desire to remain in this location and is seeking a long term lease. Based on this information, the Town of Manchester makes not representations as to the Current Tenant or conditions of the buildings, they are being sold "AS IS". Sales price is below the most recent appraisal of the property. There are 82 parking spaces according to the appraisal. All the above information was provided to the broker via the Town of Manchester based on the appraisal which also notes that the property appears to be in the flood hazard zone. The Town Center Zone allows for the most intensive commercial and mixed-use development in Manchester. Vehicle Count 7,379, 2020. Prospective Buyers will be required to sign a confidentiality agreement and show proof of funds.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning Town Center*
Interior
Heating Gas - LP/Bottle
Cooling Central AC
Inclusions Other
Equipment Sprinkler System, Air Conditioner
Exterior
Parking Features On-Site, Paved
Garage Description On-Site, Paved
Utilities Available Gas - LP/Bottle, Telephone At Site, Other
Building
Sewer Public
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