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    654 Rte 22A N Fair Haven, VT

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    For Sale
    $3,495,000

    38,946 SF retail property with additional land for sale.

    Property size:
    38,946 SF
    Lot size:
    6.30 Acres

    Property Features for 654 Rte 22A N

    General Information

    Size
    38,946 SF
    Lot size
    6.30 Acres

    Source: NAI J.L Davis Realty Agent Jeff Nick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with Development Potential

    This 38,946 square foot retail property is available for sale. Situated on a 6.30-acre lot, the property features municipal water and sewer services. Tenants include Shaw’s Supermarket, occupying 22,825 square feet, and Aubusson Hardware, occupying 9,621 square feet. There is retail space available for lease, including 5,300 square feet of general retail space and a 1,200 square foot end cap unit. The property's current net operating income (NOI) is $319,968, with a projected NOI of $376,768. An adjacent 14.73-acre lot is also available for sale, offering additional development potential.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fair Haven
    County
    Rutland
    State
    Vermont
    Longitude
    -73.26676
    Latitude
    43.59149

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    FAQs

    What type of property is this?
    Shopping center - 38,946 SF retail property with additional land for sale.
    Where is this shopping center located?
    The property is located at 654 Rte 22A N Fair Haven, VT.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: - High Current NOI: $319,968 with a projected increase to $376,768.; - Anchored by Shaw’s Supermarket (22,825 SF) and Aubusson Hardware (9,621 SF).; - Significant Retail Leasing Opportunity: 5,300 SF of retail space and a 1,200 SF end cap available for lease.
    (802) 876-6923
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    654 Rte 22A N Fair Haven, VT
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    Fair Haven, VT
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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
    654 Rte 22A N Fair Haven, VT
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