Commercial Real Estate for Sale in Waterbury VT

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55 South Main Street Waterbury VT 05676
Pending

MLS Number 4983284

  • Commercial
  • Year Built 1850
  • Square Feet 3,974
  • Acreage 0.53
  • PricePerSqFt 150.98

Discover a unique investment opportunity in the heart of Waterbury Main Street. This 3974 SQFT commercial property boasts six versatile units - two residential and four commercial business spaces, ensuring a diverse revenue stream. The property has an outstanding rental history, reflecting its desirability among tenants. Notably, it remained unaffected during the recent summer floods. The basement experienced water intrusion during Hurricane Irene. The building has central heating, with five units' separate electric meters. Residential spaces include a studio apartment and a single-bedroom unit, providing comfortable living quarters. The commercial spaces offer plentiful room for various businesses. Although the property may require some updates, this investment presents a unique opportunity for the new owner to enhance its value. Rents are currently priced under the market average. The property also provides generous parking and abundant storage space, adding further convenience for residential and commercial tenants. Income numbers are available upon request for those interested. This property is an exceptional opportunity to acquire a multi-use asset in a prime location.

Listed by Tony Walton of New England Landmark Realty LTD

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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 22, 2024 3:08 PM EDT