4267 Vt Route 5 Derby, VT 05829
4-Unit commercial building on the heavily traveled VT Route 5 in Derby “The Derby Road” and situated adjacent to Exit #28 on Interstate 91. Offering a commercial plaza type setting, 4320sq.ft building, ample parking and great visibility on the most heavily traveled road in all of Orleans County. This is an ideal investment property with approx. a 7.5% return on investment, as all units are fully leased to well established & long term tenants. Two first floor units (retail store & restaurant) and the second level offers two units; one retail store and one residential apartment unit. All four leases are secured long term with renewal options & rent increases built into the lease agreements. Public water & sewer, tenants pay their own electric, long range views out the back and great visibility & signage. This property is low maintenance and a steady income producing property. Lease agreement and income & expenses available upon request. Location, Location, Location!
- Property TypeCommercial
- NeighborhoodN/A
- CountyN/A
- Taxes$8,100
- HOA/Condo/Coop Fees$0
- Days on Site40 Days
- MLS StatusPending
- MLS ID Number4994018
- Home Size Source Assessor
- Year Built1987
- Lot Size0.95 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Wood Siding
- Parking On- SiteParking Spaces 21+Paved
- Sewer Public Sewer
- Basement Concrete Floor
- Acreage 0.95
- Water Public
- Property Sub Type Office
- Zoning Derby-Comm.
- Direction Faces North
Interior Features
- Heating BaseboardHot WaterOil
Exterior Features
- Roof Shingle
- Lot Major Road FrontageNeighbor BusinessRental ComplexView
Community Features
- Community Features Business DistrictCommercial ZoningIn TownNear ShoppingNear Snowmobile TrailsOther
- MLS Area VT-Orleans