Property Listing No Longer Available for Sale

324-328 US Route 2, South Hero, VT

Others for Sale - $550,000 - 5,296 Sq. Ft.


Property Info

CIMLS#1073286
Location
  324-328 US Route 2
  South Hero VT 05486
UpdatedApril 12th, 2021
TypeOthers
Price$550,000
Building5,296 Sq. Ft.

Property Description

Excellent investment opportunity in the heart of South Hero Village. This multi-unit commercial property currently consists of 2 offices, a 2 bedroom 1 bath apartment, a take-out pizza store, a workshop, and an additional office building for a total of 5296sf. With public water, 950 gpd in waste-water capacity, and ample parking, this is a rare opportunity to invest in the highest trafficked section of The Islands and the growing village of South Hero. The .70 acre lot has 3 curb cuts, and all rental units are currently occupied and generating $4395/mo. The main building was completely renovated in 2005 and includes radiant heat on the main floor, rooftop solar, new windows, and standing seam roof. The middle section has been occupied by long time tenants Pan


Financials



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