3757 Richville RoadManchester, VT 05255MLS Number 4968327

  • Price: $1,100,000
  • 174 Days on Market
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
3757 Richville Road Manchester VT 052553757 Richville Road Manchester VT 052553757 Richville Road Manchester VT 052553757 Richville Road Manchester VT 05255
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  • 9.4Acreage
  • 1986Year Built
  • 12,576Square Feet
  • 2022Tax Year

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Listed by Derek Greene of Derek Greene
The buyer of this property would net a CAP RATE OF 5.125% This building was originally constructed by the Central Vermont public service corporation, (CVPS): in 1986. It is constructed to the highest industrial standards. The present owners bought it 1998 it's served as their offices and A manufacturing facility for print and publishing business. Simultaneously half of the building was leased to a high-quality very successful fresh fish retailer and wholesaler. When the present owners close their printing business it was immediately occupied by long-term tenants. The building has experienced a 98% occupancy rate for 23 years. The CAP rate at the selling price is 5.125%. There are strong long-term leases in place that will continue with the new owners. The fresh fish wholesaler has a new 10 year lease and there is a daycare center in the front of the building that has a four year lease. There are two other “tenant at will” occupants that have been there over 10 years. Utilities are separate for the fresh fish wholesaler and the rest of the building heating system has been upgraded to 98% efficient propane systems. This is an excellent investment opportunity to own a turnkey rental property.

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Tax Information

  • Tax Year2022


  • Year Built1986
  • ConstructionInsulation-Foam/ClkAirSl, Masonry, Metal
  • Door Height14
  • NumberOfUnitsInCommunity4
  • Drive/Doors1
  • FoundationPoured Concrete
  • Square Feet12,576
  • Garage Spaces
  • Rail Available Y/NYes


  • ExteriorAluminum, Composition, Metal Clad, Stucco
  • RoofMembrane


  • Accessibility AmenitiesEasy Grip Door Hardware, Grab Bars in Bathroom
  • PricePerSqFt87.47

Basic Information

  • StatusACT
  • Modification Date09/01/2023
  • TypeBusiness, Industrial, Vacant Land
  • List Price$1,100,000
  • Broker NameDerek Greene
  • Listing Agent NameDerek Greene
  • Lister Office NameDerek Greene
  • MLS Number4968327
  • MLS StatusActive


  • Ceiling Height14


  • FuelGas - LP/Bottle
  • Heating CoolingAir to Air Heat Exchanger, Baseboard, Gas Heater, Gas Heater - Vented, Hot Air, Hot Water, Multi Zone

Water Body

  • Docks3


  • AC percent40
  • Transport AccessCity Street, Major Road Access, Paved, Public Transportation, Rail Available, State Highway, Town Highway
  • Date Listed09/01/2023
  • View Count24


  • Building Number3757
  • StreetRichville Road
  • VillageBennington
  • TownManchester
  • StateVT
  • Zip05255
  • CountyBennington
  • Map21


  • Acreage9.4
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Industrial Park
    • Near Public Transportatn
    • Near Railroad
    • Near Shopping
    • Near Skiing
  • Lot Sqft409,464
  • Road Frontage175
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
Broker Reciprocity 

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 February 21, 2024 11:57 AM EST


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