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Listed by Mike Kalil of Watson Realty & Associates

5496 U.s. Route 4Mendon, VT 05701Price: $289,000

  • Price: $289,000
  • 756 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
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  • $289,000List Price
Commercial Building and 4.5 ac - Owner Financing ? Utilities (sewar, water and electric (600AMP) ? Commercially zoned including multifamily ? High visibility with 500' frontage on busy Route 4 ? Two large parking lots ? Close to Pico & Killington ski resorts and VAST snowmobile trail This is a great opportunity for a new owner to either use the existing building for their business and generate additional income by renovating the upstairs into a studio apartment OR convert building to 4+ multifamily units and room out back for additional 9 rental units or single-family home …. all connected to the municipal sewer and onsite utilities. The building was used as a former restaurant for over 30 years and has a beautiful tavern area with a 22-foot mahogany bar, hardwood floors throughout and large outsidedeck overlooking backyard. Priced to sell BELOW assessed value with owner willing to finance bank's equity requirement effectively creating a zero-down deal

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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 16, 2024 6:38 AM EDT

 

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