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13 Wall St 12,600 SF Vacant Industrial Building Northfield, VT 05663 $800,000 ($63.49/SF)
Executive Summary
he Freight Yard is a 5.59 +/- acre development opportunity within the Designated Village Center of Northfield, Vt. Located one block from Depot Square, it is an easy walk to restaurants, the library, banking, local businesses, and Norwich University. Zoned as industrial, with housing and mixed use allowed. Potential for this property should not be understated or overlooked.
Municipal water, sewer, and electric serves the property. 3-Phase power is on the property. Included in the sale is a 6,300 SF, 2 story 1890’s wood beam building with a long history in Northfield’s business community. The plumbing, electrical, and interior partitions have been removed, to make way for customization and design build. Water and sewer remain accessible within the building. The exterior has new siding and new windows. A second structure is included in the sale. The 6,300 SF wood building has a full, drive in basement. Plumbing, electrical, and partitions have been removed. The building is structurally sound but needs a facelift. Vacant Land: 4 acres of vacant land is available for further development. The property is sub-divided allowing for new owner to sell or develop parcels as desired. Leased Land: A 1.16-acre lot is leased to TDS Telecom and may be included with the Freight Yard sale bringing total acreage to 6.75 +/- acres for an additional $110,000. The 4.75 years remaining on the lease has a substantial income balance. Income from property taxes is assessed annually
Municipal water, sewer, and electric serves the property. 3-Phase power is on the property. Included in the sale is a 6,300 SF, 2 story 1890’s wood beam building with a long history in Northfield’s business community. The plumbing, electrical, and interior partitions have been removed, to make way for customization and design build. Water and sewer remain accessible within the building. The exterior has new siding and new windows. A second structure is included in the sale. The 6,300 SF wood building has a full, drive in basement. Plumbing, electrical, and partitions have been removed. The building is structurally sound but needs a facelift. Vacant Land: 4 acres of vacant land is available for further development. The property is sub-divided allowing for new owner to sell or develop parcels as desired. Leased Land: A 1.16-acre lot is leased to TDS Telecom and may be included with the Freight Yard sale bringing total acreage to 6.75 +/- acres for an additional $110,000. The 4.75 years remaining on the lease has a substantial income balance. Income from property taxes is assessed annually
Property Facts
| Price | $800,000 | Lot Size | 5.59 AC |
| Price Per SF | $63.49 | Rentable Building Area | 12,600 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1890 |
| Price | $800,000 |
| Price Per SF | $63.49 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Lot Size | 5.59 AC |
| Rentable Building Area | 12,600 SF |
| No. Stories | 2 |
| Year Built | 1890 |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 441-139-10308 | Improvements Assessment | $566,100 |
| Land Assessment | $111,000 | Total Assessment | $677,100 |
Property Taxes
Parcel Number
441-139-10308
Land Assessment
$111,000
Improvements Assessment
$566,100
Total Assessment
$677,100
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