13 Wall St - Industrial FOR SALE


Northfield, VT 05663
$800,000 USD
802-864-2000
13 Wall St, Northfield, VT for Sale
$800,000 USD
Industrial - FOR SALE
1/8
null | Request Cap Rate

NEW


13 Wall St
Northfield, VT 05663


OVERVIEW

he Freight Yard is a 5.59 +/- acre development opportunity within the Designated Village Center of Northfield, Vt. Located one block from Depot Square, it is an easy walk to restaurants, the library, banking, local businesses, and Norwich University. Zoned as industrial, with housing and mixed use allowed. Potential for this property should not be understated or overlooked. Municipal water, sewer, and electric serves the property. 3-Phase power is on the property. Included in the sale is a 6,300 SF, 2 story 1890’s wood beam building with a long history in Northfield’s business community. The plumbing, electrical, and interior partitions have been removed, to make way for customization and design build. Water and sewer remain accessible within the building. The exterior has new siding and new windows. A second structure is included in the sale. The 6,300 SF wood building has a full, drive in basement. Plumbing, electrical, and partitions have been removed. The building is structurally sound but needs a facelift. Vacant Land: 4 acres of vacant land is available for further development. The property is sub-divided allowing for new owner to sell or develop parcels as desired. Leased Land: A 1.16-acre lot is leased to TDS Telecom and may be included with the Freight Yard sale bringing total acreage to 6.75 +/- acres for an additional $110,000. The 4.75 years remaining on the lease has a substantial income balance. Income from property taxes is assessed annually

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.59

LAND SF

243,500

ZONING

-

APN/PARCEL ID

441-139-10308

ASK ABOUT THIS PROPERTY

Yves BradleyV/T CommercialMore Info
802-864-2000

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Yves BradleyV/T CommercialMore Info
802-864-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.