Richford Vermont Real Estate

This stately, historical, brick building marks the northern entrance to Main Street of the border town Richford, Vermont. A great investor opportunity, as the main ground floor hosts multiple move-in-ready store fronts with individual entrances and bathrooms. The ground floor also has a large back area (river side) that could easily be converted into a studio or one bedroom apartment. The lower level has its own grand entrance, as you step down from the street into a unique hideaway venue. This space is currently being cleaned out and in years past has lived as a bar, entertainment space, and community center. Some simple updates could easily restore this site into something magical; a speakeasy, theatre, venue, bar, restaurant space, etc. This lower level has great acoustics and still has its corner stage, built in seating (needs updating), dance floor (needs updating), center bar, and kitchen/prep/storage space. The upper two stories (above the ground floor) will need complete refurbishing, but with their stunning views and expansive floor plans, there are worlds of potential. With town approval, these upper levels could be turned into multi-unit condos. There is a previous condo plan that was created and happy to share with potential buyer. Jay Peak Resort is a short drive up the mountain for 4-season vacation fun. Burlington is a little over one hour to the south. Richford borders Quebec Canada and is only an hour and a half for the beautiful city of Montreal.

Four residential apartments on the upper level will help cover your expenses to run your business on the first floor or rehab the first floor for an additional rental space. The first floor was a store and could be a great option for retail or office space with local permitting. The property has great visibility for retail and the back of the building has great views over the Missisquoi River.

10,000 Square feet of commercial space on 10 acres. This property has been a great income producer for this family for many years and now it's your turn. This building has a mix of several types of spaces including a daycare, hairdresser, masseuse, dropshipping, office space, a space used as a gym, a public laundry and more. A few spaces have been left vacant for you to run your business or to market to tenants of your choice. An additional $35-$40,000 in income could be possible at full capacity. The property benefits from an owned solar project that pays the elec bill and can be transferred to other VELCO locations. The building has a laundromat that could be active again for an occupying owner. The building is piped for central vacuum, and the building has tile floors, community bath & lunchroom kitchenette. One space was used as a gym and still has men's & women's locker rooms w/ baths & sauna, 10 ft ceilings, 2 showers per locker room, office area. The daycare has a kitchen & 2 baths,  Most spaces have plumbing for hot & cold water with drain. The building has a security system w/ 16 cameras with a remote monitoring system.  12 foot ceiling expansion possible, The property benefits from municipal water & sewer w/ pump station. The building was built at various times with the original 4000 sf in 1983, 4,000 in 1985  and 2000 sf in 2002. With about 8 acres of vacant land and frontage on the Missisquoi River this property offers options for expansion or a possible subdiv.