4267 Route 5 (The Derby Road)

    Derby, VT 05829
    • $399,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 4769948
    UPDATED: 36 min ago
    $399,000
    • 0
      BEDS
    • 0.95
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,320
      SQFT
    • $92
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:
    Area:

    School Ratings & Info

    Courtesy of Ryan Pronto of Jim Campbell Real Estate.

    Description

    Prime investment property with this fully leased 4-Unit commercial building on Route 5 in Derby, VT. Situated adjacent to Exit 28 on Interstate 91 and offering a commercial plaza type setting, 4320sq.ft, ample parking and great visibility on the most heavily traveled road in all of Orleans County. Income producing property with well established & long term tenants in all the units. Two first floor units (retail store & restaurant) and the second level offers two units; one retail store and one residential apartment unit. Updated heating unit, central air units, spectacular views and more. All four leases are secured long term with renewal options & rent increases built into the lease agreement. This property is low maintenance and a steady income producing property, financials available upon request. Location, Location, Location!

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    © Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-09-19T10:05:55.557.
    www.lajoiehometeam.com/homes/97791309

    4267 Route 5 (The Derby Road) Derby, VT 05829

    • Price: $399,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 4769948
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.95
    Acres
    4,320
    SQFT
    $92
    $/SQFT
    1987
    Built
    Neighborhood:
    Derby
    County:
    Orleans
    Area:
    Derby
    Property Description
    Prime investment property with this fully leased 4-Unit commercial building on Route 5 in Derby, VT. Situated adjacent to Exit 28 on Interstate 91 and offering a commercial plaza type setting, 4320sq.ft, ample parking and great visibility on the most heavily traveled road in all of Orleans County. Income producing property with well established & long term tenants in all the units. Two first floor units (retail store & restaurant) and the second level offers two units; one retail store and one residential apartment unit. Updated heating unit, central air units, spectacular views and more. All four leases are secured long term with renewal options & rent increases built into the lease agreement. This property is low maintenance and a steady income producing property, financials available upon request. Location, Location, Location!
    Exterior Features

    Construction Wood Frame Exterior Wood Siding Lot Description Major Road FrontageNeighbor BusinessRental ComplexView Parking On-SiteParking Spaces 21+Paved Road Frontage Tbd Roof Shingle Transport Access Major Road AccessState HighwayTown Highway

    Interior Features

    Air Conditioning Percentage 100 Basement No Basement Description Concrete Floor Foundation Slab - Concrete Heating BaseboardHot Water Sq Ft Total Building 4320 Sq Ft Total Source Municipal

    Property Features

    Accessibility Features Access ParkingNo Stairs From ParkingPaved Parking Auction No Commercial Features Phone SystemSecurity System Covenants No Electric Circuit Breaker(S) Electric Company Vt Elec. Flood Zone No Fuel Company Freds Energy Gross Income 51000 Heat Fuel Oil Investment Info Yes Items Excluded Tenants Contents & Trade Fixtures. Natural Gas Available No Net Income 35045 Pre Construction No Project Building Name Ridgeview 91 Building Sale Includes Land/Building Seasonal No Sewer Public Span Number 177-056-11456 Sub Property Type OfficeRetail Sub Property Type Use Office BuildingRetail Condo Tax Gross Amount 7839.16 Tax Year 2018 Taxes Tbd No Utilities High Speed Intrnt -AvailInternet - CableMulti Phone Lines Vacancy Factor 0 Water Private Zoning Derby-Comm.

    Courtesy of Ryan Pronto of Jim Campbell Real Estate.


    © Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-09-19T10:05:55.557.
     
    Lajoie Home Team at Keller Williams Realty
    20 Trafalgar Sq. #101
    Nashua NH, 03063
    Courtesy of Ryan Pronto of Jim Campbell Real Estate.