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46 Troy Ave 6,788 SF Industrial Building Colchester, VT 05446 $630,000 ($92.81/SF)

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INVESTMENT HIGHLIGHTS

  • Great location of VT RT 15.
  • Plenty of on-site parking.
  • Considered suburban commercial park with reasonable access to interstate highway and good accessibility for the employee base.
  • Lots of natural light.
  • Neighborhood includes office, industrial, and warehouse uses including a US Army Reserve Center, the Vermont Agency of Transportation Garage,

EXECUTIVE SUMMARY

46 Troy Avenue is a two story 6,788 square foot building formerly utilized for office, shop/manufacturing, and warehouse purposes,
located in historic Fort Ethan Allen. Large windows allow abundant natural light to main shop room. There is a panelized section of wall that could be removed, to allow movement between warehouses. The building has two levels of finished commercial space. The first floor was outfied as a machine shop, small office, warehouse, and rest room. The second floor has eight offices as well as a restroom. There are approximately 15+ surface parking spaces. The building is serviced by a 400 amp 3 Phase electrical service, natural gas, municipal water, and sewer. The roof is pitched metal with shingles.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $7,263 $1.07
Operating Expenses $4,141 $0.61

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Taxes
Annual $7,263
Annual Per SF $1.07
Operating Expenses
Annual $4,141
Annual Per SF $0.61
Total Expenses
Annual $11,404
Annual Per SF $1.68

PROPERTY FACTS

Price $630,000
Price Per SF $92.81
Sale Type Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.36 AC
Rentable Building Area 6,788 SF
No. Stories 2
Year Built/Renovated 1938/1975
Tenancy Single
Parking Ratio 1.62/1,000 SF
Zoning GD-2 - General Development District, allowing for a variety of commercial uses. Possible uses to include manufacturing, shop space, warehouse, office, etc.
Parcel Number (048) 20-0030100030000

AMENITIES

  • Accent Lighting
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas
  • Water - City
  • Sewer - City
  • Heating
  • Listing ID: 32879688

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 46 Troy Ave, Colchester, VT 05446

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