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    56 Depot Sq Barre, VT 05641

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    For Sale
    $200,000

    Stand-alone, gutted 2,338 SF building on 0.25 acre lot.

    Property size:
    2,338 SF
    Lot size:
    2.14 Acres

    Property Features for 56 Depot Sq

    General Information

    Size
    2,338 SF
    Lot size
    2.14 Acres

    Source: Esther J. Lotz Broker LLC Commercial & Industrial Real Estate Agent Esther J. Lotz

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

    Overview

    Historic Barre Train Station Depot

    The property at 56 Depot Square in Barre features beautiful architecture as a stand-alone structure that was historically a train station depot. The building has an area of approximately 2,338 square feet, plus a 357 square foot canopy for a two-lane bank drive-through, situated on approximately 0.25 acres. There are 9 parking spaces on site, though the subdivision line may impact two of them. The property was most recently occupied by Granite City Group Fitness and TD Bank. It is believed to have been subdivided on April 4, 2023. The property has been flooded and mostly gutted, with a list of the seller's demolition work available. The remaining plumbing and electrical systems are very limited, and the city has turned off the water. There is a possibility that the basement might need to be filled with concrete or the building raised by 4 feet. Taxes are believed to be $12,949.88.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Barre
    County
    Washington
    State
    Vermont
    Longitude
    -72.5042185
    Latitude
    44.1986256

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    FAQs

    What type of property is this?
    Bank - Stand-alone, gutted 2,338 SF building on 0.25 acre lot.
    Where is this bank located?
    The property is located at 56 Depot Sq Barre, VT.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Historic train station depot with beautiful architecture.; - Stand-alone structure on a .25 +/- acre lot.; - Features a 357 SF +/- canopy for a two-lane drive-through.
    (802) 343-0363
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    56 Depot Sq Barre, VT 05641
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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
    56 Depot Sq Barre, VT 05641
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