57 River Rd - Retail FOR SALE


Essex Junction, VT 05452
$3,250,000 USD
802-863-8210
57 River Rd, Essex Junction, VT for Sale
$3,250,000 USD
Retail - FOR SALE
1/7
null | 9.73% Cap Rate

57 River Rd
Essex Junction, VT 05452


HIGHLIGHTS

  • Easy access to downtown Essex and VT 289
  • Great visibility
  • Building in great condition, well managed

OVERVIEW

Excellent Investment Opportunity! •Over 50,000 SF of commercial building sitting on 9.6 acres •Current NOI $316,113 (9.7% CAP) •Located right on VT Route 117, this property provides easy access to VT-289 and is only 5 minutes from Downtown Essex •Great visibility from a main commercial corridor •Building has been well maintained and offers professional and clean common areas •Ground level access available for both floors as property is constructed on hillside •Property’s outbuildings feature 17 garage bays •Several recent property improvements •Building offers sweeping mountain views! •Contact agents for full Rent Roll and P&L

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

9.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pinewood Manor Shopping Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

River Rd.

LAND ACRES

9.96 AC

LAND SF

433,858 SF

ZONING

-

APN/PARCEL ID

(067) 2024007-000

ASK ABOUT THIS PROPERTY

Madeline RichardsPomerleau Real EstateMore Info
802-863-8210

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Madeline RichardsPomerleau Real EstateMore Info
802-863-8210

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