2895 Vt Route 100 Warren, VT 05674
- Commercial real estate
- 1,347 SF
- 0.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2895 Vt Route 100
- Year built
- 1980
- Lot size
- 0.60 lot acres
- Property size
- 1,347 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property boasts 200 feet of frontage on Route 100 in Warren, Vermont's scenic Mad River Valley, just minutes from Sugarbush Resort. The 0.6-acre lot features two buildings totaling 1,347 square feet, plus a large paved area. A smaller 432-square-foot office building includes a 3вЃ„4 bath and storage room. The larger 875-square-foot garage building is equipped with a two-post automotive lift and an air compressor. Both buildings, originally constructed around 1980, underwent a complete rebuild in 2002, featuring extensive insulation, new cedar siding, new roofs, updated plumbing and wiring (including breaker panels), and exterior lighting with sensors and motion detectors. Recent interior and exterior repainting ensures the property is in excellent condition. The buildings are heated with propane and are air-conditioned. Currently zoned residential, this property benefits from a grandfather clause permitting vehicle sales and repair. The town has shown willingness to approve similar uses with comparable impact, such as property management. The property's strong rental history, with a prior tenant paying $2,800 per month (unchanged for over five years), suggests a potential rental income of at least $3,000 per month, triple net. This presents a compelling opportunity for both owner-operators and investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Washington
- State
- Vermont
- Longitude
- -72.8588
- Latitude
- 44.108