368 River Street, Springfield VT 05156

$800,000

368 River Street, Springfield, VT 05156

bedrooms

bathrooms

square feet

Acreage

1.12

Open Houses

year built

1986

Full Baths

Half Baths

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GREAT INVESTMENT PACKAGE--100% occupancy, recent needed siding work and HVAC upgrades completed, good condition, low maintenance (roof replaced 2018-19), town water and sewer, great parking, with potential for additional income. This 1-story building currently offers 12 office/retail units, plus 38 storage units at the basement level. Basement has a drive-in, garage door access, with room to add additional storage units. Building has a truss roof frame, which would allow floorplan alterations if needed. With room for additional basement storage units, it makes this investment prospect even more attractive. Leases are a mix of partial net and gross rents. Tenants are a mix of primarily professional offices. There are 10 propane-fired HVAC units and 9 total electric services, but not all zoned specifically for individual units, as the floorplan has changed over time. Seller will consider only PREQUALIFIED OR APPROVED BUYERS, and buyers should be prepared to offer a satisfactory financial statement/proof of funds.

Location
Subdivision	-
County	Windsor
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 4910367

Listing agent: William Johnson

Listing broker: Star Johnson, Realtor (603) 643-3942

Last update: Tuesday, March 4 2025 at 6:40 p.m. EST

Kotohomes National