Property profile

3568 Main St Manchester, VT 05254

FOR SALE
Commercial real estate
Property ID
US89-0012461
0.2 ac lot Built 1860
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 3568 Main Street in the heart of Manchester Village, Vermont, presents a unique investment opportunity. The 14,940 square foot building sits on a 0.2-acre lot at the bustling intersection of Main and Union Streets, ensuring maximum visibility and foot traffic. Its four floors offer the potential for ten separate tenants, currently occupied by a diverse mix of businesses including financial services, retail, design, and a yoga studio. This creates a vibrant and dynamic atmosphere within the building. The property benefits from convenient street and side parking, adding to its appeal. The building is served by municipal water and sewer, providing modern amenities. Its prime location in Manchester Village capitalizes on the area's significant tourist draw, proximity to a resort hotel, and the renowned Equinox Golf Course, guaranteeing a consistent flow of potential customers for any tenant. The building's rich historical significance adds to its character and charm, making it a truly unique and desirable commercial property. Priced at $1,700,000, this is an opportunity to own a piece of Manchester Village's vibrant commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1860
Lot 0.2 ac (8,712 SF)
APN (116)3008
UPID US89-0012461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3568 Main St Manchester, VT 05254
Manchester metro Census 970401 BENNINGTON, VT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2015
3 recorded transactions
2015
$1.8M
2012
$110,000
2008
$2.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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