Londonderry VT Real Estate - Commercial Property

MLS Number 4812392

• Commercial
• Year Built 1990
• Acreage 0.33

At the junctions of two major roads - Route 11 and Route 100, the East to West and North to South crossroads meet right on this corner! This is a prime location for retail in the center of scenic, recreational Southern Vermont. This large open 2000+ square foot space is ready for your fresh idea. With people flocking to the country for a fresh start this is a perfect opportunity to do your own thing! Right across the street from one of the best and busiest farmer's markets around, this location won't disappoint! Freshen it up, hang out your sign and live the Vermont dream of owning your own business!

Listed by Alison Cummings and Christopher Cummings of Cummings & Co

MLS Number 4839813

• Commercial
• Year Built 1920
• Acreage 0.25
• NOI 11500

The core of this investment opportunity is retail space with a reliable tenant: the US Postal Service. With net income of $11,500/year, the purchase price could be recouped in less than nine years. The majority of the 4,600 sq foot space is two additional units, both currently unused. The ground floor, rear unit is completely unfinished, having formerly been an apartment that is now stripped down to the studs. The upper unit consists of a rear kitchen and two magnificent large rooms with tin ceilings, period decoration, and a grand piano; it was formerly an Oddfellows Hall, and needs significant renovation. Residential and many commercial purposes are limited due to the lack of a septic permit; the post office uses a holding tank which must be pumped out 3x/year.

Listed by Alexandra Eatmon of Kelley Real Estate,Inc.