List Price: $799,000 | $173 per sq.ft. Commercial
Space type Free Standing Building,Office Building
Under Contract Date Listed Monday Mar 18, 2024 | MLS# 4988341
Space type Free Standing Building,Office Building
Under Contract Date Listed Monday Mar 18, 2024 | MLS# 4988341
To see this Listing
Address: 76 Court Street Middlebury VT
Listed by Amey Ryan IPJ Real Estate
Description:
Currently an established medical office on the main floor, this building has been very well maintained and updated over the years and the space can be adjusted as you need it. Existing first floor space is compartmentalized with individual exam rooms, offices, storage, reception, break rooms, waiting rooms and utility/storage rooms and a high velocity heat/AC system. The second floor is a residential apartment with two bedrooms, kitchen/living/dining, full bath and an office space with baseboard hot water heat. High visibility on Route 7/Court Street with very good space for signage. Plenty of parking for office and residential usage. Current office tenant has a lease through April 2025. NNN @ $6072.27/mo. Residential tenant pays $1200/mo plus electric. Sellers pay homeowner's insurance and a small portion of heating cost. Showings are available outside of business hours with 48 hours notice. Mon/Tues/Wed/Fri showings after 5pm. Office is closed Thursday, Saturday and Sunday so showings are available anytime those days. Also listed as Residential MLS #4988342
Location : Business District | Commercial Zoning | In Town | Near Shopping | Village
Building Type : Business | Office
Disability Features : 1st Floor 1/2 Bathroom | 1st Floor 3/4 Bathroom | 1st Floor Low-Pile Carpet | Low Pile Carpet | No Stairs from Parking | Paved Parking
Equipment : Central Vacuum | Air Conditioner
Misc : Phone System | Showers | Programmable Thermostat | In-Unit Bathroom
Sale Includes : Land/Building
Listed by Amey Ryan IPJ Real Estate
Description:
Currently an established medical office on the main floor, this building has been very well maintained and updated over the years and the space can be adjusted as you need it. Existing first floor space is compartmentalized with individual exam rooms, offices, storage, reception, break rooms, waiting rooms and utility/storage rooms and a high velocity heat/AC system. The second floor is a residential apartment with two bedrooms, kitchen/living/dining, full bath and an office space with baseboard hot water heat. High visibility on Route 7/Court Street with very good space for signage. Plenty of parking for office and residential usage. Current office tenant has a lease through April 2025. NNN @ $6072.27/mo. Residential tenant pays $1200/mo plus electric. Sellers pay homeowner's insurance and a small portion of heating cost. Showings are available outside of business hours with 48 hours notice. Mon/Tues/Wed/Fri showings after 5pm. Office is closed Thursday, Saturday and Sunday so showings are available anytime those days. Also listed as Residential MLS #4988342
Location : Business District | Commercial Zoning | In Town | Near Shopping | Village
Building Type : Business | Office
Disability Features : 1st Floor 1/2 Bathroom | 1st Floor 3/4 Bathroom | 1st Floor Low-Pile Carpet | Low Pile Carpet | No Stairs from Parking | Paved Parking
Equipment : Central Vacuum | Air Conditioner
Misc : Phone System | Showers | Programmable Thermostat | In-Unit Bathroom
Sale Includes : Land/Building
Features
Signage: Adequate
Rail Service: Yes
Railroad Provider: AMTRAK, VT RAIL
Transport Info: City Street | Major Road Access | Public Transportation | State Highway | Paved
Signage: Adequate
Rail Service: Yes
Railroad Provider: AMTRAK, VT RAIL
Transport Info: City Street | Major Road Access | Public Transportation | State Highway | Paved
Income
Net Income| 0
Gross Income| 87267
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Gross Income| 87267
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1928
Clapboard Exterior | Fiber Cement Exterior
Price Per SQ.FT. 173.43 No. of Units: 2
Building Size : 4607
Available SQFT : 4607
Building Type: Business | Office
Year Built: 1928
Clapboard Exterior | Fiber Cement Exterior
Price Per SQ.FT. 173.43 No. of Units: 2
Building Size : 4607
Available SQFT : 4607
Building Type: Business | Office
ExteriorRoof: Shingle - Architectural | Shingle - Asphalt | Slate
InteriorBasement: Concrete | Concrete Floor | Crawl Space | Full | Insulated | Stairs - Exterior | Stairs - Interior | Storage Space | Unfinished | Interior Access | Exterior Access | Stairs - Basement
Land Information
Lot size: 0.55 acres
Zoned: R-12
Surveyed: Yes
SurveyedBy: See Remarks
Flood Zone: No
Road Frontage: 140
Garage And Parking: Assigned | On-Site | Parking Spaces 11 - 20 | Paved | Visitor
Road Frontage: 140
No. of Docks | 0.
UtilitiesHeating: Baseboard | Forced Air | Hot Water | In Ceiling | Multi Zone | Other
Cooling: Central AC
Electric: Circuit Breaker(s)
Utilities: Cable | Cable - At Site | Gas - At Street | Telephone At Site
AC % | 80.
Additional Information
Docs Available : Aerials | Deed | Property Disclosure | Survey | Tax Map
Easement - No
Taxes $13,703
Assesed Value Not Reported
Docs Available : Aerials | Deed | Property Disclosure | Survey | Tax Map
Easement - No
Taxes $13,703
Assesed Value Not Reported
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