4663 US-2 - Retail FOR SALE


East Montpelier, VT 05651
$1,650,000 USD
802-598-1168
4663 US-2, East Montpelier, VT for Sale
$1,650,000 USD
Retail - FOR SALE
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null | Request Cap Rate

NEW


4663 US-2
East Montpelier, VT 05651


OVERVIEW

Located along the highly traveled US Route 2 corridor in East Montpelier, this timber frame manufacturing facility offers a rare opportunity to acquire a purpose-built commercial property with substantial infrastructure already in place. The property consists of approximately 3.5± acres of improved land and includes a 5,400-square-foot main building, along with approximately 4,140 square feet of additional storage space. The primary building, constructed in 2015, is timber frame construction and was designed for the manufacturing, display, and sale of timber frame products. The site is well configured for continued industrial, construction-related, or trade use. The land surrounding the main building is primarily gravel and is currently utilized for parking, circulation, and material storage. Several unheated storage structures are also located on-site and are presently used for lumber storage. The property benefits from its location in East Montpelier, a Central Vermont community just outside Montpelier and within convenient reach of Barre, Plainfield, and the broader Washington County market. US Route 2 is one of the area’s key east-west corridors, providing strong visibility and access between Montpelier and St. Johnsbury. East Montpelier’s commercial and industrial development is concentrated largely along the US Route 2 and VT Route 14 corridors, making this a well-positioned site for a business requiring road exposure, truck access, outdoor storage, and proximity to regional customers and suppliers. An equipment package is included in the sale, with a cost basis in excess of $550,000. The equipment is ready for use should a buyer wish to continue operating in the timber frame business. Depending on the timing of closing, some inventory may also be available, primarily consisting of raw goods. Zoning: Commercial The real property, improvements, and equipment package are offered for sale at $1,650,000. Call for additional details.– – – – –

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

-

APN/PARCEL ID

195-062-10905

ASK ABOUT THIS PROPERTY

John BealV/T CommercialMore Info
802-598-1168

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John BealV/T CommercialMore Info
802-598-1168

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