366 DEPOT STREET Manchester, VT 05255 | Commercial Sale | Business, Multi-Family

$890,000

Closed
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5
4187 sqft.
Josiah Allen Real Estate, Inc. Logo
Listing Courtesy of
Josiah Allen Real Estate, Inc.

Description

366 Depot Street Real Estate Building: 3 APTS...Manchester Laundromat LLC... An Essential Business... Strong Central Manchester visibility on Route 30 or Depot Street in high traffic commercial area... 4187 SF Building, .28 acres with 8 parking spaces plus, an established business. Since 2014 completely renovated 2187 SF commercial space and updated equipment in 2016. Rear operations room accommodates office, laundry wash/dry/fold/iron service as well as dry cleaning pick up services. Self serve laundromat and utility. Washers: card reading 4 60lb, 8 40lb, 15 30lb, 8 18lb, 2 coin top load. Dryers: 26 card reading 30lb, 6 45lb. Coin Vending. Mixed Use includes three apartments consisting of a studio, one bedroom (under renovation and not leased) and two bedroom currently leased with long standing tenants are deeply under value. Rental units stand to trend upward values instantly and further with renovations. Successfully operating laundromat business concern with numbers trending up yearly... All immediate and successful neighboring businesses are long established and stable since 1960's/70's. Town water and sewer, underground electric. Street lighting with side walk access. ROW over the subject and abutting property to the east for purposes of ingress and egress. Confidentiality docs and financials with qualified principals only. By appointment only.

Property Details

List Price $890,000 Sold Price $890,000 List Date 2020-08-01 Sold Date 2022-10-28 MLS ID 4820021 Status Closed Property Type Commercial Sale Business Type Business, Multi-Family County VT-Bennington Days on Market 648

structure

basement No Total Baths 0 building area total 4187.0 building area units Square Feet foundation details Slab w/ Frost Wall heating Baseboard living area 4187.0 living area source Public Records living area units Square Feet Parking Features Off Street, Parking Spaces 5 - 10, Paved roof Flat, Membrane stories 2 year built 1938

characteristics

current use Business w/ Real Estate, Free Standing Building, Retail Strip Acres 0 lot size area 0.28 Lot SqFt 12197.0 # of Units 4

tax

tax annual amount 7291.46 tax year 20 zoning commercial

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 3 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 8:50:35 PM (UTC)