81 Freight Yard Way - Showroom FOR SALE


Northfield, VT 05663
$750,000 USD
802-864-2000
81 Freight Yard Way, Northfield, VT for Sale
$750,000 USD
Showroom - FOR SALE
1/12
null | Request Cap Rate

81 Freight Yard Way
Northfield, VT 05663


HIGHLIGHTS

  • PARKING: Ample, on-site
  • PERMITTED USE: Industrial, office, retail, residential, etc.

OVERVIEW

The “Engine House” is a 34’ X 160’ brick building on .93 acres. This amazing building was constructed in the mid-19th century for the purpose of servicing steam locomotives. The property has been completely restored, featuring a standing seam roof, radiant floor heat throughout with 7 zones, custom windows & doors, sky lights with rain sensors, a 6,000 lb. in floor dock lift, 17’ tall overhead doors, and a security card access system. Interior layout provides a mix of eight offices on 2 levels, kitchenette, conference rooms, receiving area and a mezzanine overlooking the high bay warehouse. Both office space and warehouse/mezzanine are climate controlled. Convenient location in Northfield’s Designated Village Center. Restaurants, Depot Square, the library, banking, and local businesses are all within walking distance. Unique opportunity to see Amtrak passing through twice a day. An option to lease will be considered. Additional buildings and adjacent land potentially available with development opportunities. OFFICE SPACE including toilet rooms, kitchenette/breakroom, and conference room is approximately 3,000 SF. 5–Ground floor private offices. 1–Ground floor kitchenette/breakroom. 2–Ground floor toilet rooms (1 ADA). 1–Ground floor conference room. 3–Second floor offices. Mechanical room and Electrical closet. WAREHOUSE SPACE including mezzanine is approximately 4,100 SF. Mezzanine–850 SF Warehouse–3,250 SF with 17’ ceiling height. Included in the sale is annual income from AT&T, who leases an area of Lot #2 that houses AT&T’s regeneration building Income balance remaining on AT&T’s lease as of May 2025 is $109,880.00. Rent 12/26/2017 through 12/25/2026 - $8,040.00 per year. Rent 12/26/2026 through 12/25/2037 - $9,380.00 per year. There is nothing the Landlord is required to do for AT&T-No plowing, no mowing, no maintenance, nothing.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.84

LAND SF

384,978

ZONING

-

APN/PARCEL ID

441-139-10308

ASK ABOUT THIS PROPERTY

Yves BradleyV/T CommercialMore Info
802-864-2000

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

Yves BradleyV/T CommercialMore Info
802-864-2000

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