Incredible Main Street Retail Opportunity – M 4943 Main St 2,000 SF Vacant Retail Building Manchester Center, VT 05255 $599,000 ($299.50/SF) 6.60% Cap Rate

INVESTMENT HIGHLIGHTS

  • Recently renovated in 2023
  • Great Location
  • Fresh paint and new flooring throughout and Updated utilities for modern functionality

EXECUTIVE SUMMARY

Marketing Description
Incredible Main Street Retail Opportunity – Manchester, VT
Prime retail space in the heart of Manchester, Vermont—offering 2,000± SF with exceptional visibility and flexibility. Recently renovated in 2023, the property is ideal for either a single occupant seeking a larger footprint or can be easily configured into two separate storefronts, each with its own entrance.
This turnkey space is perfect for an owner-operated business or as an investment opportunity in one of Southern Vermont’s most vibrant commercial corridors. The property can be delivered vacant, providing immediate potential for occupancy or repositioning.
Recent upgrades include:
New split AC units for efficient climate control
Fresh paint and new flooring throughout
Updated utilities for modern functionality
Located steps from Manchester’s iconic shops, dining, and cultural attractions, this is a rare chance to own or lease a high-visibility space in a thriving destination town.

Investment Highlights
Investment Summary
Projected Monthly Rent: $4,000
Projected Annual Gross Rent: $48,000
Estimated Operating Expenses (Annual):
Property Taxes (2024): $6,813.60
Water & Sewer: $463.32
Insurance: $1,014.00
Total Operating Expenses: $8,290.32
Financial Performance:
Projected Gross Income: $48,000
Less: Operating Expenses: $8,290.32
Projected Net Operating Income (NOI): $39,709.68
Valuation & Return Metrics:
Purchase Price: $599,000
Projected Capitalization Rate (Cap Rate): 6.6%
This investment opportunity offers a strong return profile with stable income potential and minimal overhead. The projected 6.6% cap rate reflects both the desirable location and efficient operating structure. Please let me know if you’d like a more detailed pro forma or to discuss financing options.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $48,000 $24.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $48,000 $24.00
Taxes $6,813 $3.41
Operating Expenses $1,477 $0.74
Total Expenses $8,290 $4.15
Net Operating Income $39,710 $19.86

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,000 SF
Building Class
C
Year Built/Renovated
1920/2023
Price
$599,000
Price Per SF
$299.50
Cap Rate
6.60%
NOI
$39,534
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.76
Lot Size
0.06 AC
Zoning
Downtown (DN)
Frontage
21’ on Main Street

NEARBY MAJOR RETAILERS

TD Bank
Price Chopper
Community Bank
Starbucks
Shaw's

PROPERTY TAXES

  • Listing ID: 36698915

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 4943 Main St, Manchester Center, VT 05255