328 South Main Street Richford, VT $ 750,000
328 South Main Street
$ 750,000
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328 South Main Street

Richford, VT, 05476
$ 750,000
Baths0.0 Sq 11,600

Monthly Estimate*

$ 4,985

Listed by Shawn Cheney, EXP Realty, 802-782-0400, shawncheney75@gmail.com
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Studio

Commercial Property for sale in Richford, VT

for $750,000. This 11,600 square foot building was built in 1983 on a lot size of 9.5.

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.

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Commercial Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,104

Style

Business,Land,Office,Retail,Vacant Land

Lot Size

9.5

Year Built

1983

Town/City

Richford

County/Region

Franklin

MLS | Web ID

4963343

Features
Interior
Basement Description Concrete Floor Frost Wall Slab
Equipment Central Vacuum Security System Smoke Detector Smoke Detectr-HrdWrdw/Bat
Basement No
Heating Fuel Gas - LP/Bottle Oil
Total Number of Units 9
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General
Road Frontage Yes
Sewer Public
Heating Blowers Hot Air
Cooling Central AC
Utilities Cable - At Site DSL - Available Gas - LP/Bottle Multi Phone Lines
Ceiling Height 14'
Roof Shingle - Architectural Shingle - Asphalt
Parking On-Site Parking Spaces 21+ Paved
Zoning Commercial
Status Active
Year Built 1983
Electric 3 Phase Circuit Breaker(s)
Net Income 23430
Tax Year 2022
Area VT-Franklin
Seasonal No
Area Description Commercial Zoning Near Skiing Near Snowmobile Trails Rural Valley Near Public Transportatn
Price Per Sq Ft 64.66
Tax Gross Amount 12104.01
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Exterior
Foundation Concrete Poured Concrete Slab - Concrete Slab w/ Frost Wall
Lot Size Area 9.5
Water Body Name Missisquoi River
Water Body Type River
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* Excluded Features
List By
Shawn Cheney

Listing Agent

Exp Realty

Broker

(802) 782-0400

Phone

shawncheney75@gmail.com

Email

Affordability Calculator

$5,993
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$1,009
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2023$750,000 Listed Price

Map


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328 South Main Street, Richford, VT, 05476 is a Commercial Property for sale at $750,000 with 11,600 sqft and a lot size of 9.5. 328 South Main Street is a studio with 0.0 baths and was built in 1983. The property's zip code is 05476 which is in Richford, VT