Marketing Description
Incredible Main Street Retail Opportunity – Manchester, VT
Prime retail space in the heart of Manchester, Vermont—offering 2,000± SF with exceptional visibility and flexibility. Recently renovated in 2023, the property is ideal for either a single occupant seeking a larger footprint or can be easily configured into two separate storefronts, each with its own entrance.
This turnkey space is perfect for an owner-operated business or as an investment opportunity in one of Southern Vermont’s most vibrant commercial corridors. The property can be delivered vacant, providing immediate potential for occupancy or repositioning.
Recent upgrades include:
New split AC units for efficient climate control
Fresh paint and new flooring throughout
Updated utilities for modern functionality
Located steps from Manchester’s iconic shops, dining, and cultural attractions, this is a rare chance to own or lease a high-visibility space in a thriving destination town.
Investment Highlights
Investment Summary
Projected Monthly Rent: $4,000
Projected Annual Gross Rent: $48,000
Estimated Operating Expenses (Annual):
Property Taxes (2024): $6,813.60
Water & Sewer: $463.32
Insurance: $1,014.00
Total Operating Expenses: $8,290.32
Financial Performance:
Projected Gross Income: $48,000
Less: Operating Expenses: $8,290.32
Projected Net Operating Income (NOI): $39,709.68
Valuation & Return Metrics:
Purchase Price: $599,000
Projected Capitalization Rate (Cap Rate): 6.6%
This investment opportunity offers a strong return profile with stable income potential and minimal overhead. The projected 6.6% cap rate reflects both the desirable location and efficient operating structure. Please let me know if you’d like a more detailed pro forma or to discuss financing options.