301-321-341 Depot StreetManchester, VT 05255MLS Number 4996358

  • Price: $1,950,000
  • 34 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
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301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255301-321-341 Depot Street Manchester VT 05255
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  • 1.79Acreage
  • 17,676Square Feet
  • 2022Tax Year
  • ActiveMLS Status

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Listed by Dick Palmer of Hospitality Consultants,LLC
There are THREE BUILDINGS INCLUDED IN THIS OFFERING. Building #1, 301 Depot Street has 5,652 sq ft on two floors, includes and elevator. Building #2, 321 Depot Street has 6,108 sq ft on 2 floors and NO Elevator. Build #3, 341 Depot Street has 5,916 sq ft, on two floors with elevator and currently has a mo. to mo. tenant who occupies the entire building. The Town of Manchester who owns the land acquired the buildings as the result of the experimentation of a Land Lease the Town had with the Tenant who constructed all 3 buildings. Currently buildings 301 and 321 are vacant. Building 341 has a tenant who occupies the entire building and is currently on a month to month basis. This Tenant has expressed a desire to remain in this location and is seeking a long term lease. Based on this information, the Town of Manchester makes not representations as to the Current Tenant or conditions of the buildings, they are being sold "AS IS". Sales price is below the most recent appraisal of the property. There are 82 parking spaces according to the appraisal. All the above information was provided to the broker via the Town of Manchester based on the appraisal which also notes that the property appears to be in the flood hazard zone. The Town Center Zone allows for the most intensive commercial and mixed-use development in Manchester. Vehicle Count 7,379, 2020. Prospective Buyers will be required to sign a confidentiality agreement and show proof of funds.

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Tax Information

  • Tax Year2022

Building

  • NumberOfUnitsInCommunity3
  • Square Feet17,676

Property

  • Acreage1.79
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • Near Paths
    • Near Public Transportatn
    • Near Shopping
    • Other
  • Lot Sqft77,972
  • Road Frontage247
  • Traffic Count7379

Basic Information

  • StatusACT
  • Modification Date05/19/2024
  • TypeBusiness, Multi-Family, Office, Retail
  • List Price$1,950,000
  • Broker NameHospitality Consultants, LLC
  • Listing Agent NameDick Palmer
  • Lister Office NameHospitality Consultants, LLC
  • MLS Number4996358
  • MLS StatusActive

Location

  • Building Number301-321-341
  • StreetDepot Street
  • TownManchester
  • StateVT
  • Zip05255
  • CountyBennington
  • Map32

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingForced Air

Amenities

  • Accessibility AmenitiesAccess Parking, Hard Surface Flooring, Paved Parking
  • PricePerSqFt110.32

Other

  • AC percent100
  • Transport AccessMajor Road Access, Paved, Public Transportation, State Highway, Town Highway
  • Date Listed05/18/2024
  • View Count8
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 June 20, 2024 12:45 PM EDT

 

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