103 Troy St Richford, VT 05476-1029
This 1,200 square foot commercial/industrial building in Richford, Vermont, sits on a spacious 1.47-acre lot, offering significant potential for a variety of uses. The property features a main lobby/office area with two desks and a bathroom. A recent addition includes two newly constructed office/meeting rooms with a separate entrance, providing flexibility for different business needs. A separate entrance leads to a sizable storage room, previously used as a kitchen and easily adaptable for that purpose again. The building's history includes use as a snack shack and, more recently, as office space. The current configuration reflects thoughtful renovations, including the enclosure of a covered deck to create the additional office/meeting rooms. Accessibility is enhanced by a newly installed handicap-accessible ramp. A concrete pad adjacent to the building presents further opportunities for expansion or outdoor use. The property's size and adaptable layout offer a compelling alternative to leasing commercial space, promising potentially higher returns on investment. The building's location in Richford, VT provides convenient access to local amenities and transportation routes. This property is priced at $149,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.