1 Main St Richford, VT 05476

Property Details for 1 Main St

Year built

1902

Lot size

0.10 lot acres

Property size

16,376 SF

Property type

Commercial real estate

Description

This unique 16,376 square foot building, situated on a 0.1-acre lot at 1 Main Street in Richford, Vermont, presents a compelling investment opportunity. The ground floor boasts move-in-ready commercial units, complemented by a rear unit previously used as a studio apartment. A central entryway connects all floors, while the lower level, accessible from Main Street, offers a large open space previously utilized as a bar, entertainment venue, and community center. The upper two floors, requiring complete renovation, offer expansive floor plans and stunning river views, presenting the potential for conversion into multi-unit condos (subject to town approval). This property benefits from an exceptional location, just steps from local amenities including restaurants, a grocery store, medical offices, a gas station, a thrift shop, a bank, and the town offices, including a public library. Convenient public parking is available across the street, with additional parking a block away. The property's strategic position offers easy access to two Canadian border crossings (Frelighsburg and Sutton-Abercorn) within a five-minute drive, and Jay Peak, a four-season resort, is a twenty-minute drive away. Burlington is approximately an hour south, and Montreal is about an hour and a half north. The building's historic character, combined with its versatile layout and prime location, makes it an attractive proposition for a variety of uses. The asking price is $159,000.