12 Cmn St Chester, VT 05143

Property Details for 12 Cmn St

Year built

1820

Lot size

0.25 lot acres

Property size

4,060 SF

Property type

Commercial real estate

Description

This exceptional Chester, VT commercial property, located at 12 Common Street, sits prominently at the head of the Village Green, a highly desirable and visible location with significant foot and vehicle traffic. The 4,060 square foot building boasts a charming post and beam interior, creating a warm and inviting atmosphere perfect for a variety of businesses. The property includes three distinct units offering significant potential for expansion and increased revenue. The main unit is a street-facing storefront with rustic features, including a double-sided fireplace chimney, ensuring excellent visibility and attracting customers. A second unit, located at the rear of the building, is easily adaptable into a long-term rental, complete with a kitchen and separate bathroom. A recently updated two-bedroom, one-bathroom apartment occupies the second floor, featuring fresh paint, new flooring, and other recent improvements, currently generating rental income. Ample parking is available directly on the Village Green and behind the building, with access to an owned park area. Recent upgrades include a new roof on the rear portion of the building and a substantial $80,000 investment in solar panels, resulting in significantly reduced electricity costs. This property presents a unique opportunity to own a versatile commercial space in a thriving Vermont village. The 0.25-acre lot provides ample space for the existing building and potential future development. This is a turn-key opportunity for a savvy investor or business owner seeking a prime location with significant upside.

Location Insight

City

Chester

County

Windsor

State

Vermont

Longitude

-72.6195

Latitude

43.2658