62 Vermont Castings Way 159,000 SF Vacant Industrial Building Bethel, VT 05032 $1,950,000 ($12.26/SF)

Built in 1964 and rehabbed in the 1980’ s and 1997, this industrial manufacturing and warehouse building has been home to Vermont Castings for many years and other manufacturers prior. The property has potential rail access and is only 3.4 miles to Interstate 89. It measures 18’ clear at the eaves, has 12 loading docks, 5 at-grade entrances, and ample outside storage.
The building itself offers 156,841 +/- SF of manufacturing and warehouse space as well as 2,500 +/- SF of office, located on 12.20 +/- acres of land. Pricing has been newly reduced to $1,950,000.000 for sale “as is, where is”, and lease rate has been reduced to only $2.50/SF, NNN (est. $2.00/SF), plus utilities. This is a great opportunity to acquire a well-located industrial facility close to the Upper Valley and Central Vermont.
Electricity for the building is supplied by central Vermont Public Service. The property is served by two, 1,000 KVA pole-mounted three phase transformers. 100% sprinklered with a wet-pipe system, Hot water system for heat, fired by liquid propane and oil.
The property contains approximately 129 surface parking spaces, reflecting an overall parking ratio of 0.81 spaces per 1,000 square feet of net rentable area. There appears to be potential parking for 40 additional cars along the northern boundary of the site. The parking lot and interior driveways are gravel with stone dust layer.
Permitted uses within this district include light industrial, home occupations, and accessory uses or structures. Conditional uses include heavy industrial, multiple family dwelling, wireless communications facilities, extraction of soil, minerals, sand, or gravel operations.