Manchester, VT | 301-321-341 Depot Street

$1,950,000
MLS#: 4996358
1.79
Acres
247
Road Frontage
0
SQ. Feet
$37,653
Taxes
1 of 27

General Property Information

Price:
$1,950,000
Property Status:
Active
County:
VT-Bennington
Agency/Brokerage:
Dick Palmer
Hospitality Consultants, LLC

There are THREE BUILDINGS INCLUDED IN THIS OFFERING. Building #1, 301 Depot Street has 5,652 sq ft on two floors, includes and elevator. Building #2, 321 Depot Street has 6,108 sq ft on 2 floors and NO Elevator. Build #3, 341 Depot Street has 5,916 sq ft, on two floors with elevator and currently has a mo. to mo. tenant who occupies the entire building. The Town of Manchester who owns the land acquired the buildings as the result of the experimentation of a Land Lease the Town had with the Tenant who constructed all 3 buildings. Currently buildings 301 and 321 are vacant. Building 341 has a tenant who occupies the entire building and is currently on a month to month basis. This Tenant has expressed a desire to remain in this location and is seeking a long term lease. Based on this information, the Town of Manchester makes not representations as to the Current Tenant or conditions of the buildings, they are being sold "AS IS". Sales price is below the most recent appraisal of the property. There are 82 parking spaces according to the appraisal. All the above information was provided to the broker via the Town of Manchester based on the appraisal which also notes that the property appears to be in the flood hazard zone. The Town Center Zone allows for the most intensive commercial and mixed-use development in Manchester. Vehicle Count 7,379, 2020. Prospective Buyers will be required to sign a confidentiality agreement and show proof of funds.

Property Features

Year Built:
# of Stories:
Road Frontage:
247
Zoning:
Town Center*
Acres:
1.79
Total Sq ft:
0
# of units:
3
Parking:
On-Site,Paved
Basement:
Location:
Business District,Commercial Zoning,Near Paths,Near Public Transportatn,Near Shopping,Other
Exterior Features:
Sales Includes:
Other
Roof Style:
Type:
Free Standing Building,Office Building,Other
Misc:
Elevator - Passenger,Fire System,In-Unit Bathroom,Windows - Glazed
Foundation:
Fuel:
Heating & Cooling:
Forced Air
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-05-18
Last Updated:
2024-05-19 13:24:44

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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