2296 North Main St Londonderry, VT 05148
For Sale
This unique 0.5-acre property at 2296 North Main Street, Londonderry, VT, presents a compelling investment opportunity. The existing structure, an 816 square foot "Old Homestead," is currently inhabitable but offers significant potential for renovation and revitalization. The property's charm and location are undeniable, making it an attractive prospect for those with vision and a desire to create a unique home or business. It's important to note that the sale of this property is contingent upon the simultaneous sale of the adjacent Mill Restaurant. This presents a rare chance to acquire a substantial piece of Londonderry real estate with considerable upside. The existing building requires extensive work, but the substantial lot size and the property's location offer a strong foundation for a successful project. Serious inquiries only, please. Buyers should be prepared for a significant renovation undertaking. The property is being sold "as is." Further details regarding the condition of the structure are available upon request. The combined sale with the Mill Restaurant presents a unique opportunity for a larger-scale development or investment. This is a chance to acquire a piece of Londonderry history and shape its future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.