Bought with Joshua Wien • Northshire Realty
$710,000
$899,000
21.0%For more information regarding the value of a property, please contact us for a free consultation.
508 Depot ST Manchester, VT 05255
11,765 SqFt
Key Details
Sold Price $710,000
Property Type Commercial
Sub Type Investment,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 11,765 sqft
Price per Sqft $60
MLS Listing ID 4608442
Sold Date 01/13/21
Year Built 1940
Annual Tax Amount $12,447
Tax Year 2019
Property Description
For the first time in nearly three decades a prime location in Manchester’s commercial core is available for sale. The .96 acre parcel is located at the intersection of Depot Street (Routes 11/30) and Richville Road, a busy eastern corridor into this southern Vermont town. The parcel borders the famed Battenkill with more than 300 feet of frontage. The level parcel includes one three-story building originally constructed in the 1880's, updated in the 1940s, and again in the 1990s. It currently houses a 2200 sq. ft. convenience store, a 3300 sq. ft. auto parts store and 2200 sq. feet of residential space on the upper floors. Additionally, there is a 3000 sq. ft. bath and tile store constructed in 1990 on the parcel. A paved asphalt parking lot between the two structures with additional gravel parking available behind the older building provides 36 designated parking spaces. 4 rental income producing units - 1 residential & 3 retail spaces. In addition, property is sold with a current town permit to construct a new 3000 square foot convenience store with 4 gas pumps/8 hoses. This 0.96 acre lot has endless opportunities. Seller owns existing Convenience Store and Auto Parts Store and will consider selling businesses in addition to real estate. Property addresses include: 508, 530, 532, and 534 Depot Street, Manchester Center, Vermont 05255.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning C-1
Rooms
Basement Entrance Interior
Basement Full
Exterior
Exterior Feature Wood Siding
Utilities Available Cable
Building
Sewer Public
Water Public
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