3776 Vt Route 11
Peru,
VT
05152
Property Details
| List Price: |
$434,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
TPW Real Estate |
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Description/Comments
| Lot Size: |
-- |
| Property Type: |
Commercial |
| Year Built: |
-- |
| Notes: |
The buyer of this property would net a CAP RATE OF 6.5%. The well-known Bromley Market property is offered for sale for the first time since 2010. For decades, this freestanding building on the east-west stretch of Route 11 between Londonderry and Manchester has been a convenient stop for travelers and a regular coffee/lunch spot for locals. With Bromley Mountain less than a 2-minute drive and Stratton 13 miles away, this location is highly visible, with traffic counts of over 5K vehicles per day. The first-floor commercial space features a charming country market leased through July 2027. The market currently offers takeaway and prepared food, a 12-seat dining area, a convenience store and a 2-pump gas station. The Bromley Market name transfers with the property. The 2nd floor includes a freshly renovated 1-bedroom apartment with a separate covered stairway entrance & room for expansion. Electric is metered separately for the apartment. This is an opportunity for employee housing at the base of Bromley Mountain. For an investor interested in a diversified investment property, zoning for this existing property allows for additional uses: retail, office space, or conversion to a 5-bedroom residential property. Light industrial may be an option with the Town of Peru input. Septic permitted and replaced in 2022. Building financials upon request. Take a look at the newly renovated 2nd-floor apartment! |
| MlsNumber: |
4956813 |
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| Listing Provided By: |
TPW Real Estate, original listing |
| Name: |
TPW Real Estate |
| Phone: |
(802) 366-1430 |
| Office Name: |
TPW Real Estate |
| Office Phone: |
(802) 366-1430 |
| Agent Name: |
Kristin Comeau |
| Disclaimer: |
Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
