Northfield, VT | 116 Freight Yard Way

Christie's International Real Estate
$470,000
MLS#: 4944803
6.32
Acres
0
Road Frontage
0
Sq Ft

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General Property Information
Property Status
Expired
Price
$470, 000
Property Type
Commercial Sale
County
VT-Washington
Agency / Brokerage
George Bambara
Stowe Village Office
george.bambara@pallspera.com
(802) 253-1806
Cooperation Fee
3%
List Date
3/6/2023 7:00 PM
Last Updated
9/5/2023 3:02 AM

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Description

Located in Northfield’s Designated Village Center the property is comprised of 3 vacant lots totaling 4.65 acres plus the former “Mill Buildings” on 1.67 acres. The main building is 6, 300 sf including the second floor. The exterior has new siding, new windows, and new standing seam roof on the south wing. The interior of the main building has been taken down to the studs and original beams. The rear building is 6, 300 sf including a drive in full basement. No exterior work has been done. Buildings have been stripped of plumbing fixtures, heating fixtures, sprinkler system, electrical wiring allowing for design/build. The property is ideal for a very high-quality, mixed use development which fits nicely with Northfield’s Town Plan. Act250 permits are not required for development or change of use since this property is in the Northfield Designated Village Center district. Town water and sewer service the Mill Buildings and extend beyond to allow for development of the vacant lots. Property is subdivided for possible future sales, all within walking distance to Northfield’s Business District. The Norwich University Connector Path is on the westerly edge of the property following the Dog River.

Map

Town Market Snapshot

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company

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Property Features
Road Frontage
0
Zoning
Designated Village Center
Acres
6.32
Total Sq Ft
10,500
Parking
On-Site
Basement
Concrete Floor
Exterior Features
Clapboard
Sale Includes
Land/Building
Roof Style
Metal
Foundation
Concrete
Tax Year
2023

Cooperation fee: 3%. All cooperation fees must be agreed upon in writing in a fully executed Commission Allocation Agreement and will be paid at closing. These cooperation fees are negotiated solely between an agent and client and are not fixed, pre-established or controlled.