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    2 Park St Randolph, VT 05060

    For Sale
    $475,000

    High-Traffic Location, Dual Rental Income

    Property size:
    3,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 2 Park Street in Randolph, Vermont, presents a compelling investment opportunity. Boasting a highly visible position at a busy intersection, this 3,500 square foot building offers significant exposure for any business. The property is currently generating income from two separate rental units, both of which are occupied, providing immediate cash flow for the new owner. This turnkey investment is ideal for those seeking a stable and profitable venture in a thriving Vermont community. The property's prime location ensures high visibility and accessibility, attracting a wide range of potential customers. The dual rental structure offers diversification and minimizes risk, making it an attractive option for both seasoned investors and those new to commercial real estate. The building itself offers ample space for a variety of commercial uses, allowing for flexibility and adaptability to changing market demands. With its strong tenant occupancy and strategic location, this property represents a rare opportunity to acquire a well-established and profitable commercial asset in the heart of Randolph. The asking price is $475,000. This is a chance to secure a valuable piece of Randolph's commercial landscape. Serious inquiries are encouraged.

    Property Features for 2 Park St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,500 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Randolph
    County
    Orange
    State
    Vermont
    Longitude
    -72.66637
    Latitude
    43.92743

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    FAQs

    What type of property is this?
    Commercial real estate - High-Traffic Location, Dual Rental Income
    Where is this commercial real estate located?
    The property is located at 2 Park St Randolph, VT.
    What is the asking price?
    The asking price for this property is $475,000.
    Request Owner's contact information
    2 Park St Randolph, VT 05060
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    Randolph, VT 05060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Park St Randolph, VT 05060
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