Rochester, VT 05767,55 North Main ST
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Rochester, VT 05767,55 North Main ST
Rochester, VT 05767,55 North Main ST
Rochester, VT 05767,55 North Main ST
Rochester, VT 05767,55 North Main ST
Listed by Marni Rieger • KW Vermont-Killington
Bought with Marni Rieger • KW Vermont-Killington

$525,000

Est. payment /mo

$549,000

4.4%
Est.Price: ?

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55 North Main ST Rochester, VT 05767

7,216 SqFt

SOLD DATE : 10/28/2020

Key Details

Sold Price $525,000

Property Type Commercial

Sub Type Business,Hospitality,Investment,Multi-Family,Office,Opportunity,Other,Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 7,216 sqft

Price per Sqft $72

MLS Listing ID 4787913

Sold Date 10/28/20

Year Built 1860

Annual Tax Amount $7,263

Tax Year 2019

Lot Size 0.770 Acres

Acres 0.77

Property Sub-Type Business,Hospitality,Investment,Multi-Family,Office,Opportunity,Other,Retail

Property Description

STRONG INVESTMENT OPPORTUNITY MINUTES TO KILLINGTON, SUGARBUSH & MIDDLEBURY SNOWBOWL! Operating successfully for over 28 years by the same owners. The building consists of 7,966 square feet of which 7,216 is finished space and has a total of 7 rentable units. The main level of the building is a local historic landmark, The Rochester Café (45 person licensed restaurant) and Country Store which has a very welcoming open layout with gorgeous wood floors, high ceilings, and large windows. Second level of the building is comprised of two spacious rental apartments ( 2 bed/ 1 bath) and (1 bed/ 1 bath newly renovated). Behind the café building is a newly renovated 3 bed/ 1 bath Airbnb rental unit. Additionally, there are two open studio rental units that could be set up as residential apartments or office space for lease. The last unit is set up as cold storage rental space. Annual gross rental income is currently 60K. Ample parking and great exposure on scenic Route 100. There is a lot of potential here. You can run the building as it is or bring your imagination and turn it into what you desire it to be! Come live the Vermont dream and explore this awesome opportunity close to world class skiing and endless recreation (hiking, mountain biking, fishing, swimming/tubing, x country skiing, snowmobiling)! Property is being offered with all the real estate and a successful long term business. Schedule a private tour today of this fine property set in the heart of the Green Mountains!

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning Commercial

Rooms

Basement Entrance Interior

Basement Concrete, Concrete Floor, Dirt, Partial, Stairs - Interior, Storage Space, Unfinished

Interior

Heating Oil

Cooling None

Equipment CO Detector, Smoke Detector

Exterior

Exterior Feature Clapboard, Wood Siding

Parking Features On-Site, Parking Spaces 11 - 20, Paved

Garage Description On-Site, Parking Spaces 11 - 20, Paved

Utilities Available Cable - At Site, Fiber Optic Internt Avail, High Speed Intrnt -AtSite, Internet - Fiber Optic, Telephone At Site

Roof Type Membrane,Metal

Building

Lot Description Corner, Level, Major Road Frontage, Mountain View, Neighbor Business, Rental Complex, Sloping, View

Foundation Concrete, Poured Concrete, Stone

Sewer Public

Water Public

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William Phipps

William Phipps

Engel & Völkers

+1(857) 205-1064

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PrimeMLS
William Phipps

William Phipps

Advisor | License ID: 9588231

+1(857) 205-1064

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