102 Railroad ST Under Contract

Royalton,VT 05068

$ 99500

- Bed

- Bath

700 SqFt


Key Details

Property Type Commercial

Sub Type Business,Investment,Office,Opportunity,Retail

Listing Status Under Contract

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $142

MLS Listing ID 4991911

Year Built 1975

Annual Tax Amount $1,998

Tax Year 2022

Lot Size 2,178 Sqft

Acres 0.05

Property Description

This is an a great opportunity to own a 700 square foot commercial/residential space in downtown South Royalton. This in town location has municipal water and sewer and consists of a 20' x 35' log cabin that sits on leased land owned by the Central Vermont Railway. The cabin is currently rented as a residence and includes a full bath, bedroom and a kitchen. The current resident pays $975.00 per month plus all utilities and has rented the cabin for the past six years. This adorable cabin has been a barber shop, dental office, video store, insurance office, and custom jewelry store. Its the perfect location for any small business. South Royalton has no zoning. Walk to Vt Law School, the bank, the stores and the South Royalton Village Green. A wonderful location. The lease for the land is currently $2932 per year. The new owner will need to renegotiate the lease prior to the sale for a fee of $1000 to the Central Vermont Railway. Interior photos are not current.

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning COMMERCIAL

Interior

Heating Gas - LP/Bottle

Inclusions Building

Exterior

Parking Features Driveway

Garage Description Driveway

Utilities Available Cable

Building

Sewer Public

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