Swanton, VT | 77 First Street

Description

Large commercial complex in the center of town. This property is one of the largest and most prominent features in Swanton Village and has great visibility on Rt 78 the main northern artery from VT to NY. The property is under 1 mile from I-89 exit 21 the first exit after you cross the Canadian Border with significant industry. This property is currently host to a liquor store and 2 residential spaces. A pizza place operated here for over 30 years, a restaurant/bar that operated with various owners for over 50 years. The 2nd floor has 2 occupied apartments and one unit that is vacant and awaiting rehab. The property benefits from a paved driveway ample parking. With 340 of road frontage on a corner lot this could be a great option for a large-scale commercial operation with high visibility, or take on multiple smaller scale projects in phases. There are lots of options for this property that currently has $37, 000 in annual income from 3 of the 6 units. Note that some business assets pictured are tenant owned. Sale is the buildings and land.