363 River Street , Springfield, VT 05156
Springfield, VT 05156
Description
This extremely well-built and maintained building is perfect for an investor who wants a diverse, well-established, and stable investment property. Anchored by a unique and popular 1955 Fully Restored Mahoney diner car with 88 seats and a modern circa 2003 stainless steel commercial kitchen, which was built with the capacity of double the restaurant's current output. There is also a modern fitness center along with two office units! The rents are stable and leases are solid through 2024. It is far to say that this opportunity will pay off. Situated along Route 106 with a daily traffic count of over 8,500 vehicles this property will always occupy a prime location near the bustling town of Springfield, Vermont. The property has many updates including newer HVAC. The spaces themselves are large and can be configured in many ways allowing for an array of new uses in the future. Come see this fantastic opportunity today!!
Details
| MLS# | 4954678 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 423 |
| Listing Provided By | Barrett and Valley Associates Inc. | Daire Gibney |
Features
| SQ Feet | 8,560 |
|---|---|
| Units | 4 |
| Zoning | commercial |
| Acreage | 1.29 |
Market Activity 05156
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Learn More About This Property
| State | VT |
|---|---|
| County | Windsor |
| City | Springfield |
| Zip Code | 05156 |
| Listing VS Median (in 05156) | |
Price: $675,000 low | high Med: $269,000 SqFt: 8,560 low | high Med: 2,342 $ / SqFt: $79 low | high Med: $119 On Site: 423 low | high Med: 59.500000 | |