102 Railroad Street Royalton VT 05068 Commercial $114,900

$114,900 | $164 per sq.ft. Commercial Property, in 102 Railroad Street Royalton VT | Space type MLS# 4991911

Listed by Jacqueline Jameson Jameson Real Estate on April 18th 2024
102 Railroad Street Royalton VT 05068

DESCRIPTION

This is an a great opportunity to own a 700 square foot commercial/residential space in downtown South Royalton. This in town location has municipal water and sewer and consists of a 20' x 35' log cabin that sits on leased land owned by the Central Vermont Railway. The cabin is currently rented as a residence and includes a full bath, bedroom and a kitchen. The current resident pays $975.00 per month plus all utilities and has rented the cabin for the past six years. This adorable cabin has been a barber shop, dental office, video store, insurance office, and custom jewelry store. Its the perfect location for any small business. South Royalton has no zoning. Walk to Vt Law School, the bank, the stores and the South Royalton Village Green. A wonderful location. The lease for the land is currently $2932 per year. The new owner will need to renegotiate the lease prior to the sale for a fee of $1000 to the Central Vermont Railway. Dont miss out on this affordable opportunity to have your own business.

Building Type : Business | Investment | Office | Opportunity | Retail

Misc : Fence - Full | Living Space Available | Phone System

Sale Includes : Building
Traffic Count-|
Price per SQFT | 164.14 Net Income| 0
Gross Income| 11700
Management Expense-| $0
Insurance Expense -| $0
Rail Service-| Y

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FEATURES AND DETAILS

LAND INFORMATION

ADDITIONAL INFORMATION

Lot size: 0.05 acres
Zoned: COMMERCIAL
Flood Zone: No

Taxes $1,998 | Assesed Value $0 in

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