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286 Old Route 15 4,100 SF 51% Leased Flex Building Cambridge, VT 05444 $399,000 ($97.32/SF) 4.61% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High Visibility / Heavy Traffic Flow
  • Perfect for Investors and Owner - Users
  • Flexible Space w/ Many Options

EXECUTIVE SUMMARY

Prime investment opportunity! This versatile two-unit commercial building is ideally located near a tourist area, offering year-round visibility and traffic. Currently housing a restaurant and a retail equipment and repair shop. Both units will be available to a new tenant or owner occupant in November. The property provides endless potential for a variety of uses. With ample parking, high visibility, and flexible space, this property is perfect for investors or owner-users looking to establish their business in a high-traffic, sought-after location. Both Units Are Available For Lease. Reach out to agent for details.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Price $399,000
Price Per SF $97.32
Sale Type Investment or Owner User
Cap Rate 4.61%
Property Type Flex
Property Subtype
Showroom
  • General Retail Restaurant
  • General Retail Storefront
Lot Size 1.00 AC
Rentable Building Area 4,100 SF
No. Stories 1
Year Built/Renovated 1970/2003
Zoning Commercial - There are no zoning regulations in the Town of Cambridge. Development is guided by the following State and Town Policies

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Propane
  • Water - City
  • Sewer - Septic Field
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 2,000 SF
  • Flex
  • -
  • Now

Perfect space for a resturant, tasting room or shop. Prime investment opportunity! This versatile two-unit commercial building is ideally located near a tourist area, offering year-round visibility and traffic. Currently housing a restaurant and a retail equipment and repair shop. Both units will be available to a new tenant or owner occupant in November. The property provides endless potential for a variety of uses. With ample parking, high visibility, and flexible space, this property is perfect for investors or owner-users looking to establish their business in a high-traffic, sought-after location.

Space Size Space Use Condition Available
1st Floor 2,000 SF Flex - Now

1st Floor

Size
2,000 SF
Space Use
Flex
Condition
-
Available
Now

1st Floor

Size 2,000 SF
Space Use Flex
Condition -
Available Now

Perfect space for a resturant, tasting room or shop. Prime investment opportunity! This versatile two-unit commercial building is ideally located near a tourist area, offering year-round visibility and traffic. Currently housing a restaurant and a retail equipment and repair shop. Both units will be available to a new tenant or owner occupant in November. The property provides endless potential for a variety of uses. With ample parking, high visibility, and flexible space, this property is perfect for investors or owner-users looking to establish their business in a high-traffic, sought-after location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
123-038-10410
Land Assessment
$81,000 (2024)
Improvements Assessment
$190,900 (2024)
Total Assessment
$271,900 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 34616916

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 286 Old Route 15, Cambridge, VT 05444

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