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



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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 space in downtown South Royalton. The downtown location has municipal water and sewer and consists of a 20' x 35' log cabin that sits on .2 acres of 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. 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.

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

| Price Per SQ.FT. 164.14 | Year Built: 1975
No. of Units-| 1
Building Size | 700
Available SQFT | 700
Divisable SQFT | Unknown
Building Type: Business | Investment | Office | Opportunity | Retail
Garage And Parking: Driveway
Heating: Baseboard | Hot Air
Electric: 100 Amp
Utilities: Cable
No. of Docks | 0.
No. of Drive Doors | 700.

LAND INFORMATION


ADDITIONAL INFORMATION

Lot size: 0.05 acres
Zoned: COMMERCIAL
Flood Zone: No
Taxes $1,998  | Assesed Value $0 in