62 Route 105 Island Pond, VT 05846

This offering includes a thriving retail hardware and lumber store, Gervais ACE Hardware, along with the real estate, business and goodwill, inventory (valued at approximately $803,000), and equipment. This is an opportunity to own and operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and limited competition within a considerable radius. The property features a storefront with over 10,000 square feet of retail space, a 10,000 square foot, two-story lumber warehouse, and four income-producing residential rental units on-site. Gervais ACE Hardware sells a diverse range of products, including hardware, plumbing, electrical, tools, sporting goods, and automotive/marine supplies. The business also provides services such as local delivery of lumber and building materials, key-cutting, and paint matching. Property features include metal frame retail store construction, cantilever racking in outbuildings and the warehouse, second-floor office space, a loading area with an overhead door, a 27,000 BTU AC system, and a 16kW emergency backup generator. Recent updates include a new TPO roofing system installed in 2020 with a 20-year warranty and interior renovations to the attached apartment units. The property, a community staple for over 25 years, overlooks the lake and has abundant parking.