Manchester, VT 05255,366 Depot ST
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Manchester, VT 05255,366 Depot ST
Manchester, VT 05255,366 Depot ST
Manchester, VT 05255,366 Depot ST
Manchester, VT 05255,366 Depot ST
Listed by Laura Beckwith • Josiah Allen Real Estate, Inc.
Bought with David Shehadi • Josiah Allen Real Estate, Inc.

$890,000

Est. payment /mo

$890,000

Est.Price: ?

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366 Depot ST Manchester, VT 05255

4,187 SqFt

SOLD DATE : 10/28/2022

Key Details

Sold Price $890,000

Property Type Commercial

Sub Type Business,Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,187 sqft

Price per Sqft $212

MLS Listing ID 4820021

Sold Date 10/28/22

Year Built 1938

Annual Tax Amount $7,291

Tax Year 20

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Business,Multi-Family

Property Description

366 Depot Street Real Estate Building: 3 APTS...Manchester Laundromat LLC... An Essential Business... Strong Central Manchester visibility on Route 30 or Depot Street in high traffic commercial area... 4187 SF Building, .28 acres with 8 parking spaces plus, an established business. Since 2014 completely renovated 2187 SF commercial space and updated equipment in 2016. Rear operations room accommodates office, laundry wash/dry/fold/iron service as well as dry cleaning pick up services. Self serve laundromat and utility. Washers: card reading 4 60lb, 8 40lb, 15 30lb, 8 18lb, 2 coin top load. Dryers: 26 card reading 30lb, 6 45lb. Coin Vending. Mixed Use includes three apartments consisting of a studio, one bedroom (under renovation and not leased) and two bedroom currently leased with long standing tenants are deeply under value. Rental units stand to trend upward values instantly and further with renovations. Successfully operating laundromat business concern with numbers trending up yearly... All immediate and successful neighboring businesses are long established and stable since 1960's/70's. Town water and sewer, underground electric. Street lighting with side walk access. ROW over the subject and abutting property to the east for purposes of ingress and egress. Confidentiality docs and financials with qualified principals only. By appointment only.

Location

State VT

County Vt-bennington

Area Vt-Bennington

Zoning commercial

Interior

Heating Gas - LP/Bottle

Exterior

Exterior Feature Concrete

Parking Features Off Street, Parking Spaces 5 - 10, Paved

Garage Description Off Street, Parking Spaces 5 - 10, Paved

Utilities Available Cable - Available, High Speed Intrnt -AtSite, Telephone Available

Roof Type Flat,Membrane

Building

Lot Description City Lot, Level, Neighbor Business, Street Lights

Foundation Slab w/ Frost Wall

Sewer Public Sewer On-Site

Water Public

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PrimeMLS
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Geralyn Donohue

Broker Associate | License ID: 081.0004386

+1(802) 377-7096

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