37-39 Chester Road, Springfield, VT 37 Chester Rd 6,656 SF Vacant Retail Building Springfield, VT 05156 $650,000 ($97.66/SF)



INVESTMENT HIGHLIGHTS
- Two commercial buildings on a well traveled route
- Current rental income of 4k
EXECUTIVE SUMMARY
Two Commercial Properties. 37 Chester Road is a truck service garage with 4 bays w/ 16' clearance, office and 1/2 bath. Garage is 3,380 sq. ft. plus 2nd floor storage 40' x 60'. This has a high leg 3 phrase electric entrance. The rear lot is rented to a portable toilet business. Gross rents for both business is $4,000.00 per month. The adjacent building is 39 Chester Road which was the former home of Hemingway Electric and is presently vacant. The main building is 30' x 60' w/ warehouse, showroom, office and 3/4 bath. The attached 28' x 36' garage or warehouse has 12' ceiliings.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,656 SF
Year Built
1950
Price
$650,000
Price Per SF
$97.66
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.11
Lot Size
1.39 AC
Opportunity Zone
Yes
Zoning
COMM - Commercial
NEARBY MAJOR RETAILERS


PROPERTY TAXES
Parcel Number | 606-190-10147 | Improvements Assessment | $64,800 |
Land Assessment | $35,300 | Total Assessment | $100,100 |