Property Description

Excellent investment opportunity in the heart of South Hero Village. This multi-unit commercial property currently consists of 2 offices, a 2 bedroom 1 bath apartment, a take-out pizza store, a workshop, and an additional office building for a total of 5,296 sf. With public water, 950 gpd in waste-water capacity, and ample parking, this is a rare opportunity to invest in the highest trafficked section of The Islands and the growing village of South Hero. The 0.70 acre lot has 3 curb cuts, and all rental units are currently occupied and generating $4,395/mo. The main building was completely renovated in 2005 and includes radiant heat on the main floor, rooftop solar, new windows, and standing seam roof. The middle section has been occupied by long time tenants Pan?s Pizza and Cedar Ledge Builders have used the remainder of the space for their wood-shop. The 656sf office building (formerly CIDER) was rebuilt and rewired in 2005. Don?t miss a great opportunity to own a property with lots of potential in the center of town.

Provided by The Real Estate Book
Address Map
USA
VT
Grand Isle
South Hero
05486

324-328 U.S. 2 Route

South Hero, Vermont 05486, United States

0.70 Sqft
$550,000
Listing ID #610435
Basic Details
Property Type : Commercial
Listing Type : For Sale
Listing ID : 610435
Ref ID : 18058204
Price : $550,000
Year Built : 1900
Lot Area : 0.70 Sqft
MLS : 4805184
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