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    Hardware Store with Rental Income Title is generated by Realmo AI

    62 Cross Street, Brighton, VT 05846

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    For Sale
    $2,295,000

    Profitable hardware store with real estate and rental units.

    Property size:
    24,908 SF
    Price / SF:
    $92/SF
    Added:
    Mar 12, 2024
    Days on Market:
    811
    Last Refresh:
    May 13 at 8:33 pm

    Property Features for 62 Cross Street

    General Information

    Standard status
    Active
    Size
    24,908 SF
    Property subtype
    Other

    Building Details

    Year Built
    2004

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    Listing Contact
    Jim Campbell Real Estate

    Listing agent Jim Campbell Real Estate

    Listing date Mar 12, 2024

    Source Xome

    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

    HighLights

    • Profitable ACE Hardware franchise with established customer loyalty and no competition within a 20+ mile radius.
    • Includes real estate, business & goodwill, inventory (approx. $803K value), equipment, and motivated employees.
    • Diverse income streams: retail store, lumber warehouse, 3‑bed/3‑bath home/rental, and four residential rental units.
    • Extensive facilities: 10,000+ sq ft retail space, 10,000 sq ft lumber warehouse, second‑floor office space, and loading area.
    • Recent updates: New TPO roofing system (2020) with 20‑year warranty and renovated apartment units/single‑family home.
    • Comprehensive services offered: local delivery, key‑cutting, paint matching, and a wide range of product lines.

    Overview

    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 no competition within a 20-mile radius. The property consists of a storefront with over 10,000 square feet of retail space, a 10,000-square-foot, two-story lumber warehouse, a three-bedroom, three-bathroom home/rental, and four income-producing residential rental units on-site. Gervais ACE Hardware sells products ranging from hardware, plumbing, electrical, tools, sporting goods, and automotive/marine supplies, and offers services such as local delivery of lumber/building materials, key-cutting, and paint matching. Features include metal frame construction, cantilever racking in outbuildings/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/single-family home. The property, with a size of 24,908 square feet, overlooks the lake, has abundant parking, and has been a staple to the community and neighboring towns of Essex County for over 25 years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gervais Ace Hardware Building Supply NEKCA — Island Pond ... Social Service Agency Northeast Kingdom Community ... Food Bank

    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
    Brighton
    County
    Essex
    State
    Vermont
    Longitude
    -71.881341
    Latitude
    44.8142181

    FAQs

    What type of property is this?
    Grocery and convenience store - Profitable hardware store with real estate and rental units.
    Where is this grocery and convenience store located?
    The property is located at 62 Cross Street Brighton, 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 with established customer loyalty and no competition within a 20+ mile radius.; Includes real estate, business & goodwill, inventory (approx. $803K value), equipment, and motivated employees.; Diverse income streams: retail store, lumber warehouse, 3‑bed/3‑bath home/rental, and four residential rental units.
    More about this property
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