Rod Cross
Listing courtesy of Ryan Pronto, Jim Campbell Real Estate Phone: 802-334-3400
4267 VT Route 5, Derby, VT, 05829
1987
4,320 sqft
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!
Status:
Pending
Type:
Commercial
Units:
4
Zoning:
Derby-Comm.
Heating:
Baseboard, Hot Water
Parking:
On-Site, Parking Spaces 21+, Paved
Acreage:
0.95
Est. Taxes:
$8,100
Construction
Wood Frame,Wood Siding
Elevator:
N
MLS #:
4994018