Brighton, VT | 62 Cross Street

$2,350,000
MLS#: 4987850
0.41
Acres
176
Road Frontage
23,000
SQ. Feet
$15,282
Taxes
1 of 40

General Property Information

Price:
$2,350,000
Property Status:
Active
County:
VT-Essex
Agency/Brokerage:
Ryan Pronto
Jim Campbell Real Estate

Thriving retail hardware & lumber store, Gervais ACE Hardware is offered for sale and inclusive of real estate, business & goodwill, inventory (valued at approx. $875K), equipment, etc. This is an opportunity to own/operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and virtually no competition within 20+ miles. Consisting of a storefront of over 10,000 square feet of retail space, in addition to a 10,000 square foot, two-story lumber warehouse and four, income-producing, residential rental units on-site. Gervais ACE Hardware sells products ranging from hardware, plumbing, electrical, tools, sporting goods, automotive/marine supplies, and more. This business also offers a variety of services to customers such as local delivery of lumber/building materials, key-cutting, and paint matching. Features include metal frame retail store construction, cantilever racking in outbuildings/warehouse, second-floor office space, loading area with overhead door, 27,000 BTU AC system, and 16kW emergency backup generator. Recent updates include a new TPO roofing system installed in 2020 (20 yr warranty) and interior renovations to the attached apartment units. This property overlooks the lake, has abundant parking, and has been a staple to the community and neighboring towns of Essex county for over 25 years. Additional property features and business financials available upon request to well-qualified buyers with a signed NDA.

Property Features

Year Built:
2004
# of Stories:
Road Frontage:
176
Zoning:
Village
Acres:
0.41
Total Sq ft:
23000
# of units:
3
Parking:
On-Site,On Street,Parking Spaces 11 - 20,Paved,Unassigned
Basement:
Concrete Floor,Insulated,Partial,Stairs - Interior,Storage Space,Unfinished,Interior Access
Location:
Commercial Zoning,In Town,Near Snowmobile Trails,Other,Suburban,Near Railroad,Near ATV Trails
Exterior Features:
Sales Includes:
Equipment,Inventory,Land/Building/Business,Other,Outbuilding
Roof Style:
Membrane,Other,Shingle - Asphalt
Type:
Misc:
Phone System,Public Restrooms,Smoke/Heat Detectors
Foundation:
Concrete,Granite,Slab - Concrete,Stone
Fuel:
Heating & Cooling:
Baseboard,Hot Water,Radiant
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-03-13
Last Updated:
2024-03-13 20:00:07

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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