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    62 Rte 105 Island Pond, VT

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    Hardware store with real estate, business, and rental income.

    Type:RETAIL
    Property size:
    23,000 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $99/SF
    Added:
    Dec 12, 2024
    Days on Market:
    503
    Last Refresh:
    Apr 5 at 10:01 pm

    Property Features for 62 Rte 105

    General Information

    Standard status
    Active
    Size
    23,000 SF
    Lot size
    0.17 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Ryan Pronto
    Ryan Pronto

    Listing agent Ryan Pronto License #0810063392

    Listing office Jim Campbell Real Estate

    Listing date Dec 12, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Jim Campbell Real Estate


    Overview

    Profitable Hardware Store with Apartments

    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.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Law Firm Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Hotel & Motel Food Market Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Island Pond
    County
    Essex
    State
    Vermont
    Longitude
    -71.881
    Latitude
    44.8142

    FAQs

    What type of property is this?
    Storefront property - Hardware store with real estate, business, and rental income.
    Where is this storefront property located?
    The property is located at 62 Rte 105 Island Pond, VT.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: Profitable ACE Hardware franchise opportunity including real estate, business, and inventory.; Established business with customer loyalty and minimal competition (20+ mile radius).; Large retail space (10,000+ sq ft) plus a 10,000 sq ft lumber warehouse.
    (802) 334-3400 Call to check price and availability
    More about this property
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