20 School StreetPlainfield, VT 05667MLS Number 4740497

  • Price: $129,900
  • 161 Days on Market
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Federal 30-year interest rate: 3.55% last updated on Aug 22, 2019
* 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.
  • 0.07Acreage
  • 1840Year Built
  • 2,716Square Feet
  • 3Units

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GREAT PRICE all reasonable offers will be considered! 10% Cap rate at current price with rents low, imagine the margins you could make here with forced appreciation! This is an awesome commercial investment opportunity in the heart of Plainfield village waiting for a bright mind to bring it to its full potential. Possibilities with proper permitting might include: General store, light manufacturing, and with this amount of space multiple businesses and/or offices can be sustained along with the current residential units. Priced to sell this is a large building with a lot of character that was originally built in 1840 as a residence, and has had two additions since. This building has great exposure with frontage on both busy Route 2 and Main Street, plus a steady flow of foot traffic directly in front. The first level is fully leased with two current established businesses, and there is also a residential unit on the second level which is occupied. With tons of unrealized value to be tapped into this would be a great beginning to or addition for any portfolio. Sellers are motivated and anxious to see this historic icon operating at its peak potential again.

Listed by Nate Bartlett of StoneCrest Properties

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More Info

Basic Information

  • StatusACT
  • Modification Date08/11/2019
  • TypeBusiness, Industrial, Investment, Office, Opportunity, Retail
  • List Price$129,900
  • Broker NameStoneCrest Properties, LLC
  • Listing Agent NameNate Bartlett
  • Lister Office NameStoneCrest Properties, LLC
  • MLS Number4740497

Location

  • Building Number20
  • StreetSchool
  • TownPlainfield
  • StateVT
  • Zip05667
  • CountyWashington

Exterior

  • ExteriorWood
  • RoofMembrane

Utilities

  • FuelOil
  • Heating CoolingBaseboard, Radiator

Building

  • Year Built1840
  • Units3
  • Square Feet2,716
  • Available Sqft2,716
  • BasementConcrete, Storage Space

Property

  • Acreage0.07
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaVillage
  • Lot Sqft3,049

Other

  • View Count89
Broker Reciprocity

Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 August 23, 2019.

 

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