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2337 Vt Route 7, Middlebury, VT 05753

$549,000
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Active
MLS#5089983
STATUSActive PROPERTY TYPECommercial - Office

Listing Courtesy of: IPJ Real Estate
Agency Contact: Cell: 802-989-8156
Associate Name: Amey Ryan
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Property Description

Here is a delightful opportunity to own a simply versatile property that has been carefully updated over the years. What started as a single family home has been beautifully transformed to this multi-use property. The larger section of the property includes 5 privately rented office spaces that share a conference room and a reception area as well as a full bath and small kitchenette. The total rent for these office spaces brings in over $2000 and could be even more if rents were adjusted for market rates. There are two furnished studio apartments, one on each level. The 1st floor apartment is currently rented for $1150/month and is heated with both a Rinnai heater and a heated and cooled with a heat pump. It includes a dishwasher, electric stove, stacked laundry and a 3/4 bath. This unit shares a door with one of the aforementioned office spaces so it's possible you could "capture" that room for this apartment space. The second floor unit is a true studio space with a Rinnai heater, heat pump, electric stove, fridge and 3/4 bath and rents for $1400/month. There is additional income potential - rent the 2 bay garage or add that space to one of the apartment rentals and increase the rent. The property is landscaped and has an existing sign for business name display. The parking surface is paved and this property is very tidy!

2337 Vt Route 7 | MLS# 5089983

This commercial property located at 2337 Vt Route 7, Middlebury, VT 05753 is currently listed for sale with an asking price of $549,000. Search Middlebury real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Office
Basement: Yes
Basement: Bulkhead, Concrete Floor, Crawl Space, Dirt Floor, Full, Sump Pump, Exterior Access
Cooling: Mini Split
Heating: Electric, Forced Air, Heat Pump, Hot Air, Wall Furnace
Lot Size: 0.48 Acres
Roof Type: Corrugated, Other, Asphalt Shingle
Taxes: $6,615
Year Built: 1900

Feature Descriptions

Accessibility: 1st Floor 3/4 Bathroom, Access to Parking, Paved Parking, 1st Floor Laundry
Basement Access: Interior
Commercial Features: Additional Outbuildings, Furniture Included, Showers, Programmable Thermostat, Heat Included, In-Unit Bathroom
Days on Site: 14
Equipment: CO Detector, Smoke Detector
Exterior: Clapboard Exterior, Vinyl Siding
Foundation: Poured Concrete, Stone
Lot: Landscaped, Level, Neighbor Business
Parking: Driveway, Garage, Off Street, On-Site, Paved, Unassigned, Visitor
Road Frontage: 180
Sale Inclusions: Land/Building, Other, Outbuilding
Sewer: 1000 Gallon, Concrete, Leach Field, On-Site Septic Ex
Transport/Access: State Highway, Paved
Units: 3
Water: Metered, Public
Zoning: Agricultural Rural (AR)

Listed By / Shown By

Listed By

Agency Name: IPJ Real Estate
Agency Contact: Cell: 802-989-8156
Agent Name: Amey Ryan

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