Springfield, VT | 363 River Street

$675,000
MLS#: 4954678
1.29
Acres
0
Road Frontage
8,560
SQ. Feet
$18,282
Taxes
1 of 28

General Property Information

Price:
$675,000
Property Status:
Active
County:
VT-Windsor
Agency/Brokerage:
Daire Gibney
Barrett and Valley Associates Inc.

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!!

Property Features

Year Built:
1960
# of Stories:
Road Frontage:
0
Zoning:
commercial
Acres:
1.29
Total Sq ft:
8560
# of units:
4
Parking:
Parking Spaces 21+
Basement:
Location:
Business District,Commercial Zoning,Near Shopping,Suburban
Exterior Features:
Aluminum,Vinyl Siding
Sales Includes:
Equipment,Land/Building
Roof Style:
Type:
Food Service,Free Standing Building,Office Building,Storefront
Misc:
Public Restrooms,Security System
Foundation:
Fuel:
Heating & Cooling:
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2023-05-30
Last Updated:
2023-12-31 18:41:00

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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