Address
324-328 U.S. 2 Route South Hero, VT
Price
$ 550,000
Property Attributes
- MLS#4805184
- TypeCommercial
- CountyGRAND ISLE
- CitySouth Hero
- AreaGrand Isle
- Zip05486
- StyleInvestment,Multi-Family,Office
- Year Built1900
- Taxes10418
- Price$ 550,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5296
- Lot Size0.7 Acres
Listing Provided Courtesy Of:
Evan Potvin with Coldwell Banker Islands Realty.
Property Description
Excellent investment opportunity in the heart of South Hero Village. This multi-unit commercial property currently consists of 2 offices, a 2 bedroom 1 bath apartment, a take-out pizza store, a workshop, and an additional office building for a total of 5,296 sf. With public water, 950 gpd in waste-water capacity, and ample parking, this is a rare opportunity to invest in the highest trafficked section of The Islands and the growing village of South Hero. The 0.70 acre lot has 3 curb cuts, and all rental units are currently occupied and generating $5,095/mo. The main building was completely renovated in 2005 and includes radiant heat on the main floor, rooftop solar, new windows, and standing seam roof. The middle section has been occupied by long time tenants Pan’s Pizza and Cedar Ledge Builders have used the remainder of the space for their wood-shop. The 656 sf office building (formerly CIDER) was rebuilt and rewired in 2005. Don’t miss a great opportunity to own a property with lots of potential in the center of town.
| Price History | |
|---|---|
| 5/14/2020 | Listed $550,000 |
General Features
| Area Description | Commercial Zoning, In Town, Island, Village |
|---|---|
| Construction | Wood Frame |
| Cooling | None |
| Electric | Circuit Breaker(s), Other, Net Meter |
| Features - Accessibility | 1st Floor 1/2 Bathroom, 1st Floor Hrd Surfce Flr, Access Parking, Hard Surface Flooring, One-Level Business |
| Features - Commercial | Living Space Available, In-Unit Bathroom |
| Flood Zone | No |
| Heating | Baseboard, Direct Vent, Other, Radiant |
| Listing Area | VT-Grand Isle |
| Parking | Driveway, On-Site, Parking Spaces 1 - 10 |
| Price Per Sq Ft | 103.85 |
| Road Frontage | Yes |
| Roof | Metal, Shingle |
| Sewer | 1000 Gallon, Leach Field - Conventionl, On-Site Septic Exists, Private, Septic |
| Status | Active |
| Tax Year | 2019 |
| Transport/access | Major Road Access, State Highway, Paved |
| Type | Commercial Sale |
| Utilities | Cable - At Site, Internet - Cable, Telephone At Site, Oil Tank - Underground |
| Water | Public |
| Year Built | 1900 |
| Zoning | Village |
Interior Features
| Basement | No |
|---|---|
| Gas - Natural Available | No |
| Heating Fuel | Gas - LP/Bottle, Oil |
| Total Number of Units | 6 |
Exterior Features
| Exterior | Vinyl Siding, Wood Siding |
|---|---|
| Lot Description | Level, Major Road Frontage, Neighbor Business, Sidewalks |
| Lot Size Area | 0.7 |
| Road Frontage Length | 186 |
| Water Body Access | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 05486
Statistics provided by Inside Real Estate
Price
Taxes
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Year Built
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consumers may be interested in purchasing. Data last updated January 28, 2021 12:21 AM UTC
