508 Depot StreetManchester, VT 05255MLS Number 4608442

  • Price: $1,200,000
  • 348 Days on Market
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Federal 30-year interest rate: 3.92% last updated on Jul 27, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1940Year Built
  • 11765Square Feet

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For the first time in nearly three decades a prime location in Manchester's commercial core is available for sale. The .96 acre parcel is located at the intersection of Depot Street (Routes 11/30) and Richville Road, a busy eastern corridor into this southern Vermont town. The parcel borders the famed Battenkill with more than 300 feet of frontage. The level parcel includes one three-story building originally constructed in the 1880's, updated in the 1940s, and again in the 1990s. It currently houses a 2200 sq. ft. convenience store, a 3300 sq. ft. auto parts store and 2200 sq. feet of residential space on the upper floors. Additionally, there is a 3000 sq. ft. bath and tile store constructed in 1990 on the parcel. A paved asphalt parking lot between the two structures with additional gravel parking available behind the older building provides 36 designated parking spaces. 4 rental income producing units - 1 residential & 3 retail spaces. In addition, property is sold with a current town permit to construct a new 3000 square foot convenience store with 4 gas pumps/8 hoses. This 0.96 acre lot has endless opportunities. Seller owns existing Convenience Store and Auto Parts Store and will consider selling businesses in addition to real estate. Property addresses include: 508, 530, 532, and 534 Depot Street, Manchester Center, Vermont 05255.

Listed by Paul W. Carroccio and Marek Kovac of TPW Manchester

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More Info

Basic Information

  • Modification Date03/02/2017
  • List Price$1,200,000
  • Date Listed2016-11-09T00:00:00
  • StatusACT
  • MLS Number4608442

Exterior

  • ExteriorWood Siding

Location

  • Zip05255
  • StateVT
  • Building Number508
  • TownManchester
  • CountyBennington
  • StreetDepot

Interior

  • BasementFull

Other

  • Broker NameTPW Real Estate
  • Agent NameCarroccio
  • bloggingYes
  • Book310
  • Page129
  • Number of Photos30
  • View Count5010

Building

  • Square Feet11765
  • Year Built1940

Property

  • Property TypeCommercial Sale
  • ZoningC-1
  • TypeInvestment, Retail
Broker Reciprocity

Copyright 2017 Northern 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. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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