62 Cross St Brighton, VT 05846
For Sale
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This exceptional investment opportunity encompasses a thriving Gervais ACE Hardware franchise, a substantial retail and lumber operation, and four income-generating residential rental units. The property, located at 62 Cross Street in Brighton, VT, boasts a total of 23,000 square feet on a 0.41-acre lot. The main retail storefront exceeds 10,000 square feet, showcasing a wide array of products including hardware, plumbing supplies, electrical components, tools, sporting goods, and automotive/marine supplies. A 10,000 square foot, two-story lumber warehouse provides ample storage and operational space, complemented by cantilever racking. The property also features four on-site residential rental units, providing additional income streams. The building itself is constructed with a metal frame and includes a second-floor office space, a convenient loading area with an overhead door, a 27,000 BTU AC system, and a 16kW emergency backup generator. Significant recent improvements include a new TPO roofing system installed in 2020, carrying a 20-year warranty, and interior renovations to the apartment units. The business offers various services such as local delivery, key cutting, and paint matching, fostering strong customer loyalty within the community. With abundant parking and a picturesque lake view, this established business has served the Brighton and Essex County areas for over 25 years, enjoying a virtual monopoly within a 20+ mile radius. The sale includes real estate, business, goodwill, and an inventory valued at approximately $803,000. Detailed financial information and additional property features are available upon request to qualified buyers with a signed NDA. Priced at $2,295,000.
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Gervais Ace Hardware Building Supply Hardware & Home Improvement
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NEKCA — Island Pond Head Start/Early Head Start Social Service Agency Charitable Organization
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Northeast Kingdom Community Action - Food Distribution Center Food Bank Charitable Organization
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.
