324-328 U.S. 2 RouteSouth Hero, VT 05486MLS Number 4805184

  • Price: $550,000
  • 134 Days on Market
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Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
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324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486324-328 U.S. 2 Route South Hero VT 05486
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  • 0.7Acreage
  • 1900Year Built
  • 5,296Square Feet

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Listed by Evan Potvin of Coldwell Banker Islands Realty
Excellent investment opportunity in the heart of South Hero Village. This multi-unit commercial property currently consists of 2 offices, a 2 bedroom 1 bath apartment, a take-out pizza store, a workshop, and an additional office building for a total of 5,296 sf. With public water, 950 gpd in waste-water capacity, and ample parking, this is a rare opportunity to invest in the highest trafficked section of The Islands and the growing village of South Hero. The 0.70 acre lot has 3 curb cuts, and all rental units are currently occupied and generating $4,395/mo. The main building was completely renovated in 2005 and includes radiant heat on the main floor, rooftop solar, new windows, and standing seam roof. The middle section has been occupied by long time tenants Pan's Pizza and Cedar Ledge Builders have used the remainder of the space for their wood-shop. The 656sf office building (formerly CIDER) was rebuilt and rewired in 2005. Don't miss a great opportunity to own a property with lots of potential in the center of town.

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Basic Information

  • Virtual TourView Tour
  • StatusACT
  • Modification Date09/17/2020
  • TypeInvestment, Multi-Family, Office, Other
  • List Price$550,000
  • Broker NameColdwell Banker Islands Realty
  • Listing Agent NameEvan Potvin
  • Lister Office NameColdwell Banker Islands Realty
  • MLS Number4805184
  • MLS StatusActive

Location

  • Building Number324-328
  • StreetU.S. 2 Route
  • TownSouth Hero
  • StateVT
  • Zip05486
  • CountyGrand Isle

Property

  • Acreage0.7
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, In Town, Island, Village
  • Lot Sqft30,492
  • Road Frontage186

Amenities

  • Accessibility Amenities1st Floor 1/2 Bathroom,1st Floor Hrd Surfce Flr, Access Parking, Hard Surface Flooring, One-Level Business

Building

  • Year Built1900
  • ConstructionWood Frame
  • Units6
  • Square Feet5,296
  • Available Sqft5,296
  • Garage Spaces
  • Rail Available Y/NNo

Exterior

  • ExteriorVinyl Siding, Wood Siding
  • RoofMetal, Shingle

Utilities

  • FuelGas - LP/Bottle, Oil
  • Heating CoolingBaseboard, Direct Vent, Other, Radiant
  • Phone CompanyComcast

Other

  • Transport AccessMajor Road Access, Paved, State Highway
  • View Count4
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
30 Kimball Ave, Suite 201
South Burlington, VT 05403
Broker Reciprocity

Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web 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 September 25, 2020.

 

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