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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$549,000

MLS# 5089983
0 sq.ft. Bedroom | 0 Bathroom
Commercial
2337 VT Route 7 Middlebury VT 		 
$549,000 | $280 per sq.ft. Commercial Property, 2337 VT Route 7 Middlebury VT | Space type MLS# 5089983

DESCRIPTION
Here is a delightful opportunity to own a simply versatile property that has been carefully updated over the years. What started as a single family home has been beautifully transformed to this multi-use property. The larger section of the property includes 5 privately rented office spaces that share a conference room and a reception area as well as a full bath and small kitchenette. The total rent for these office spaces brings in over $2000 and could be even more if rents were adjusted for market rates. There are two furnished studio apartments, one on each level. The 1st floor apartment is currently rented for $1150/month and is heated with both a Rinnai heater and a heated and cooled with a heat pump. It includes a dishwasher, electric stove, stacked laundry and a 3/4 bath. This unit shares a door with one of the aforementioned office spaces so it's possible you could "capture" that room for this apartment space. The second floor unit is a true studio space with a Rinnai heater, heat pump, electric stove, fridge and 3/4 bath and rents for $1400/month. There is additional income potential - rent the 2 bay garage or add that space to one of the apartment rentals and increase the rent. The property is landscaped and has an existing sign for business name display. The parking surface is paved and this property is very tidy!
Sale Includes : Land/Building | Other | Outbuilding
Signage-| Some
Price per SQFT | 280.10 Net Income| 0
Gross Income| 49500
Management Expense-| $0
Insurance Expense -| $0

FEATURES AND DETAILS
CONSTRUCTION:
Clapboard Exterior | Vinyl Siding | Price Per SQ.FT. 280.10 | Year Built: 1900
Eevators 0
No. of Units-| 3
Building Size | 1960
Basement: Bulkhead | Concrete Floor | Crawl Space | Dirt Floor | Full | Sump Pump | Exterior Access
Roof: Corrugated | Other | Asphalt Shingle
Road Frontage: 180
Heating: Electric | Forced Air | Heat Pump | Hot Air | Wall Furnace | Natural Gas
Cooling: Mini Split
Electric: 200+ Amp Service | Circuit Breaker(s)
Utilities: Telephone at Site
No. of Docks | 0.
No. of Drive Doors | 1960.
LAND INFORMATION
 
ADDITIONAL INFORMATION
Lot size: 0.48 acres
Zoned: Agricultural Rural (AR)
Surveyed: No
Flood Zone: No
Road Frontage: 180
 Transport Info: State Highway | Paved
Docs Available : Certificate of Compliance | Deed | Property Disclosure
Taxes $6,616  | Assesed Value $248,200 in 2019
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15 Buck Rd. Hanover, NH 03755 603-643-3942

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