Bought with Karl Klein • Sugarbush Real Estate/Sugarbush Vil
$425,000
$475,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
705 Mill Brook RD Fayston, VT 05673
5,500 SqFt
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Business,Investment,Office,Opportunity,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $77
MLS Listing ID 4796900
Sold Date 02/11/22
Year Built 1900
Annual Tax Amount $11,117
Tax Year 2020
Lot Size 2.700 Acres
Acres 2.7
Property Sub-Type Business,Investment,Office,Opportunity,Retail
Property Description
Here's an opportunity to purchase 2 buildings in the Mad River Valley with great exposure and a high traffic count on a scenic byway, Route 17. Ample parking behind the buildings allows for great curb appeal in front. Building #1 is currently leased to an accounting agency thru 2023. The lease income from this unit potentially covers a major share of the overall debt service on the entire parcel! Building #2, formerly a well known Valley restaurant, has great bones, lot's of light, ample parking and it's ready for your modifications. Walk-in refrigeration and a kitchen hood system with fire suppression are installed creating the opportunity for a restaurant, however the 2 story interior space is quite open and could easily be adapted to nearly any use required.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Ag-Res
Body of Water Brook/Stream
Rooms
Basement Entrance Interior
Basement Crawl Space, Frost Wall, Gravel
Interior
Heating Gas - LP/Bottle
Cooling Central AC
Equipment Whole BldgVentilation, Air Conditioner
Exterior
Exterior Feature Vinyl Siding, Wood Siding
Parking Features Off Street, Parking Spaces 21+, Unpaved
Garage Description Off Street, Parking Spaces 21+, Unpaved
Utilities Available Cable, Gas - LP/Bottle, Internet - Cable, Telephone At Site
Waterfront Description Yes
View Y/N Yes
View Yes
Roof Type Shingle
Building
Lot Description Country Setting, Level, Major Road Frontage, Mountain View, Neighbor Business, Trail/Near Trail, View, Water View
Foundation Below Frost Line, Block, Concrete
Sewer Leach Field, On-Site Septic Exists, Private, Septic
Water Drilled Well, Private
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