4960-4964 Main Street, Manchester, Vermont
4960-4964 Main Street, Manchester, Vermont 05255 - Well located Income producing Commercial Building in the heart of the commercial district of Manchester. The businesses entities are NOT part of the transaction, they are TENANTS. Building priced below assessment. The exterior of the building has been well maintained by the owner, recently painted and roofed. Excellent foot traffic. Please note: There was a dilapidated small garage to the right of the building that was recently subdivided and sold off to the adjoining property owner who has totally renovated it. The Owner of the subject property will provide a new deed description which will confirm lot size and dimensions. It has not been recorded as of the listing date. It is expected there will be a slight adjustment to the assessment and taxes based on removal of the dilapidated garage as part of this property.. The Deed Book and Page are the original deed and not to be relied upon based on the above transaction. Heiniel store occupies 1,400 sq ft. on one level w/tiny basement storage, lease expires March 15,2018 w/option to renew. Magic Sleigh owner is retiring and will be vacating the first quarter of 2018, 600 sq ft on the ground level, 400 sq ft on the 2nd level and 600 sq ft basement storage. Tenants each pay 1/3 the taxes plus the utilities.
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Listing Courtesy of Dick Palmer ~ Hospitality Consultants, LLC