363 River StreetSpringfield, VT 05156MLS Number 4954678

  • Price: $675,000
  • 468 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
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363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156363 River Street Springfield VT 05156
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  • 1.29Acreage
  • 1960Year Built
  • 9,020Square Feet

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Listed by Daire Gibney of Barrett and Valley Associates Inc.
This extremely well-built and maintained building is perfect for an investor who wants a diverse, well-established, and stable investment property. Anchored by a unique and popular 1955 Fully Restored Mahoney diner car with 88 seats and a modern circa 2003 stainless steel commercial kitchen, which was built with the capacity of double the restaurant's current output. There is also a modern fitness center along with two office units! The rents are stable and leases are solid through 2024. It is far to say that this opportunity will pay off. Situated along Route 106 with a daily traffic count of over 8,500 vehicles this property will always occupy a prime location near the bustling town of Springfield, Vermont. The property has many updates including newer HVAC. The spaces themselves are large and can be configured in many ways allowing for an array of new uses in the future. Come see this fantastic opportunity today!!

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Tax Information

  • Tax Year2022

Building

  • Year Built1960
  • NumberOfUnitsInCommunity4
  • Square Feet9,020
  • Available Sqft8,560

Exterior

  • ExteriorAluminum, Vinyl Siding

Utilities

  • FuelElectric

Amenities

  • PricePerSqFt74.83

Basic Information

  • StatusACT
  • Modification Date09/04/2024
  • TypeInvestment, Office, Opportunity, Other
  • List Price$675,000
  • Broker NameBarrett and Valley Associates Inc.
  • Listing Agent NameDaire Gibney
  • Lister Office NameBarrett and Valley Associates Inc.
  • MLS Number4954678
  • MLS StatusActive

Legal

  • Taxes$18,282
  • NOI35573
  • OtherStructuresEquipment, Land/Building
  • Zoningcommercial

Location

  • Building Number363
  • StreetRiver Street
  • TownSpringfield
  • StateVT
  • Zip05156
  • CountyWindsor

Property

  • Acreage1.29
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaBusiness District, Commercial Zoning, Near Shopping, Suburban
  • Lot Sqft56,192

Other

  • Transport AccessPublic Transportation, Paved
  • Date Listed05/30/2023
  • View Count22

Your Local Office

John Wetmore

John Wetmore

(802) 457-1515
5 Central Street,
Woodstock, VT 05091
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Springfield, VT Demographics

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 September 9, 2024 6:53 AM EDT

 

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