1 Main Street Richford, VT $ 179,900
1 Main Street
$ 179,900
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1 Main Street

Richford, VT, 05476
$ 179,900
Baths0.0

Monthly Estimate*

$ 1,196

Listed by Shayna Sherwood, Sherwood Real Estate, 323-708-2900, sherwoodrealestatevt@gmail.com
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Studio

Commercial Property for sale in Richford, VT

for $179,900.

This stately, historical, brick building marks the northern entrance to Main Street of the border town Richford, Vermont. A great investor opportunity, as the main ground floor hosts multiple move-in-ready store fronts with individual entrances and bathrooms. The ground floor also has a large back area (river side) that could easily be converted into a studio or one bedroom apartment. The lower level has its own grand entrance, as you step down from the street into a unique hideaway venue. This space is currently being cleaned out and in years past has lived as a bar, entertainment space, and community center. Some simple updates could easily restore this site into something magical; a speakeasy, theatre, venue, bar, restaurant space, etc. This lower level has great acoustics and still has its corner stage, built in seating (needs updating), dance floor (needs updating), center bar, and kitchen/prep/storage space. The upper two stories (above the ground floor) will need complete refurbishing, but with their stunning views and expansive floor plans, there are worlds of potential. With town approval, these upper levels could be turned into multi-unit condos. There is a previous condo plan that was created and happy to share with potential buyer. Jay Peak Resort is a short drive up the mountain for 4-season vacation fun. Burlington is a little over one hour to the south. Richford borders Quebec Canada and is only an hour and a half for the beautiful city of Montreal.

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Commercial Active

Price

$ 179,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,488

Style

Business,Development,Investment,Multi-Family,Offic

Town/City

Richford

County/Region

Franklin

MLS | Web ID

4969699

Features
Interior
Basement Description Unfinished
Basement Yes
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General
Road Frontage TBD
Sewer Public
Utilities Gas - LP/Bottle Gas - On-Site Telephone At Site
Zoning Commercial
Status Active
Tax Year 2023
Area VT-Franklin
Tax Gross Amount 2488
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* Excluded Features
List By
Shayna Sherwood

Listing Agent

Sherwood Real Estate

Broker

(323) 708-2900

Phone

sherwoodrealestatevt@gmail.com

Email

Affordability Calculator

$1,403
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,196
Monthly Property Taxes
$207
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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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2023$179,900 Listed Price

Map


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1 Main Street, Richford, VT, 05476 is a Commercial Property for sale at $179,900. 1 Main Street is a studio with 0.0 baths. The property's zip code is 05476 which is in Richford, VT