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48 Congress St
Morristown, VT 05661
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
6,162 SF
Building Class
B
Year Built
1971
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.40 AC
Zoning
Commercial Retail - Commercial Zoning at this parcel will permit use for retail, multi-residential, office, medical, financial, restaurant, pharmacy, flex, mix use etc.
Parking
22 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
100’ on Congress St

AMENITIES

  • Signalized Intersection
  • Air Conditioning

ABOUT 48 CONGRESS ST , MORRISTOWN, VT 05661

Marcus & Millichap is pleased to present the exclusive listing for a Rite Aid located at 48 Congress St in Morristown, VT. The property consists of 6,162 square feet of building space and sits on about .40 acres of land. This Rite Aid location has been at this location since 1971 and is subject to a 10 year (NN) lease which was renewed on July 31st, 2013. There are roughly 7 years remaining on the base term of the lease. The annual rent is $61,100. The lease is corporately guaranteed by Rite Aid. Morrisville is a village in Morristown, Lamoille County, Vermont, United States. As of the 2000 census, the village population was 2,009. Morrisville has 2 country clubs, a hospital, a school featuring Greek architecture and an airport. The hospital and one of the country clubs are named after Alexander Copley, a philanthropist who donated much of the money for their construction.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
414-129-11243
Land Assessment
$145,000
Improvements Assessment
$540,200
Total Assessment
$685,200
  • Listing ID: 6221858

  • Date on Market: 3/10/2017

  • Last Updated:

  • Address: 48 Congress St, Morristown, VT 05661

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