$450,000
Pending
22 Days Online
0 Beds0 Baths4,320 SQFT
Pending

4267 Vt Route 5 Derby, VT 05829

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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 Site21 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

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Monthly Payment (Est.)

$2,381
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