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167 & 171 VT Route 100Wilmington, VT 05363Price: $1,200,000

  • Price: $1,200,000
  • 34 Days on Market
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Federal 30-year interest rate: 5.13% last updated on Aug 18, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 1.8Acreage
  • 11,376Square Feet
Listed by Jacki Murano and Kelly Agrillo of Southern Vermont Realty Group
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Exceptional mixed use commercial opportunity in a high traffic location near four season recreation! Boasting over 11,000 sq ft of income producing rentals including 9 residential units ranging in size from 1 to 3 bedrooms at full occupancy and with great payment/tenant histories. Many of the units have had renovations with newer kitchens and baths, all have wood floors. The basement has been stripped and cleaned and has potential as rentable storage or common areas for laundry or recreation. The back "garage" was completely renovated in 2019 including new poured concrete floors, radiant heat, new garage doors, office, bathroom and all new electrical, plumbing and heating systems. Currently used as an artists studio this is a space that would lend itself well to a multitude of uses. The front commercial building which was once an established restaurant is also a newly renovated office and studio space with new poured concrete and radiant heat, new boiler, metal roof, bathroom and accessibility features. All renovations had permits in place and were completed by qualified licensed contractors. Located just north of the Historic Village of Wilmington's shopping and dining and south of Mount Snow Resort on scenic, well traveled Route 100. This location has great visibility and accessibility including a public transportation stop on site! A unique opportunity for commercial investors. This one is worth a closer look!

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 20, 2022 2:24 AM EDT.

 

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