3776 Vt Route 11Peru, VT 05152MLS Number 4956813

  • Price: $434,000
  • 550 Days on Market
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Federal 30-year interest rate: 6.6% last updated on Dec 12, 2024
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  • 0.49Acreage
  • 2024Tax Year
  • ActiveMLS Status
  • 1NumberOfUnitsInCommunity

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Listed by Kristin Comeau of TPW Real Estate
The buyer of this property would net a CAP RATE OF 6.5%. The well-known Bromley Market property is offered for sale for the first time since 2010. For decades, this freestanding building on the east-west stretch of Route 11 between Londonderry and Manchester has been a convenient stop for travelers and a regular coffee/lunch spot for locals. With Bromley Mountain less than a 2-minute drive and Stratton 13 miles away, this location is highly visible, with traffic counts of over 5K vehicles per day. The first-floor commercial space features a charming country market leased through July 2027. The market currently offers takeaway and prepared food, a 12-seat dining area, a convenience store and a 2-pump gas station. The Bromley Market name transfers with the property. The 2nd floor includes a freshly renovated 1-bedroom apartment with a separate covered stairway entrance & room for expansion. Electric is metered separately for the apartment. This is an opportunity for employee housing at the base of Bromley Mountain. For an investor interested in a diversified investment property, zoning for this existing property allows for additional uses: retail, office space, or conversion to a 5-bedroom residential property. Light industrial may be an option with the Town of Peru input. Septic permitted and replaced in 2022. Building financials upon request. Take a look at the newly renovated 2nd-floor apartment!

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More Info

Basic Information

  • PermissionLease Agreements, Septic Design, Septic Report, Tax Map

Building

  • NumberOfUnitsInCommunity1
  • BasementCrawl Space

Property

  • Acreage0.49
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaVT-Bennington
  • Lot Sqft21,344
  • Road Frontage523

Tax Information

  • Tax Year2024

Location

  • Building Number3776
  • StreetVt Route 11
  • TownPeru
  • StateVT
  • Zip05152
  • CountyBennington
  • Address3776 Vt Route 11

Basic Information

  • StatusACT
  • Modification Date08/25/2024
  • TypeBusiness, Multi-Family, Retail
  • List Price$434,000
  • Broker NameTPW Real Estate
  • Listing Agent NameKristin Comeau
  • Lister Office NameTPW Real Estate
  • MLS Number4956813
  • MLS StatusActive

Other

  • Date Listed06/13/2023
  • View Count97
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 14, 2024 10:38 AM EST

 

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