123 Airport Road Shaftsbury, VT 05262

$450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000
  • 123 Airport Road Shaftsbury, VT 05262 by Harsch Associates $450,000

Listed by Paul Harsch of Harsch Associates

Call Four Seasons Sotheby's International Realty Real Estate for more information.

Acreage: 3.19

Year Built: 2003

Square Feet: 0

Units: 0

MLS #: 4600285

Pending

Property Description

Earn up to a 50% return on your investment! A remarkable opportunity for a business person, investor, entrepreneur, contractor. Multi-unit Commercial Building, light industrial, Investment - There are a total of 28 rental spaces in the two first class buildings including heated and unheated spaces, some with overhead doors. Outstanding investment or owner occupied for any portion. Radiant in-floor heating in main building plus two apartments. Gross potential income if fully rented is estimated at $103,000/yr+/- and estimated expenses of $22,300 +/- yields total potential net income before debt service of $80,000. Fully leased, this property could net a buyer with a 20% down payment roughly $50,000 net income before income taxes or a 55% return on a 20% down payment of $90,000.Property is offered at 9% below the municipal assessed value is $493,900. Replacement value of the structures alone, not including land and site improvements, is $956,000.

Property

  • Property Type: Commercial Sale
  • Type: Business, Investment, Multi-Family
  • Type Use: Business w/ Real Estate, Free Standing Building, Garage, Light Manufacturing, Office Building, Other, Self Storage, Storefront, Warehouse
  • Acreage: 3.19
  • Zoning: commercial
  • Road Frontage: 0
  • Signage: Adequate
  • Lot:
  • Lot SqFt: 138,956
  • Roads:

Location

  • State: VT
  • Street: Airport Road
  • Building Number: 123
  • Zip Code: 05262
  • County: VT-Bennington
  • Town: Shaftsbury

Building

  • Building SqFt: 0
  • Available SqFt: 0
  • Total SqFt: 0
  • Foundation: Slab - Concrete
  • Construction: Wood Frame
  • Year Built: 2003
  • Units: 0

Utilities

  • Heating: Hot Water, Radiant
  • Cooling:
  • Services: Cable - Available, DSL - Available

Exterior

  • Roof: Shingle - Asphalt
  • Exterior: Vinyl Siding
  • Parking:

Water Body

  • Water Body Type: Brook

Amenities

  • Accessibility Features:
  • Commercial Features: Additional Outbuildings, Living Space Available, Smoke/Heat Detectors

Legal

  • Taxes: $8,992

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Copyright© 2016 The New England Real Estate Network. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 on 12/03/2016.