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Factory Point Square Associates 4975 - 4977 Main Street

3,295 SF 100% Leased Retail Building Manchester Center, VT 05255 £212,110 (£64.37/SF) 11.20% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Perfectly located in Manchester's vibrant downtown business district for convenient access to the highly successful service businesses tenants.

EXECUTIVE SUMMARY

Busy 3 unit 100% occupied commercial property with 14 parking spaces that support highly successful service business tenants with long term leases. $80,000 completed renovation project 2023 - 2024.

ATTACHMENTS

4975 - 4977 Location Map
4975 - 4977 Main Street Floor Plan

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,295 SF
Building Class
B
Year Built/Renovated
1990/2024
Price
£212,110
Price Per SF
£64.37
Net Initial Yield
11.20%
NOI
£23,756
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Lot Size
0.36 AC
Zoning
DN - Downtown Business District
Parking
14 Spaces (4.25 Spaces per 1,000 SF Leased)
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NEARBY MAJOR RETAILERS

TD Bank
Price Chopper
Community Bank
Shaw's
Starbucks

PROPERTY TAXES

Parcel Number (116)1093 Total Assessment £728,657 (2023)
Land Assessment £229,619 (2023) Annual Taxes -£1 (£0.00/sf)
Improvements Assessment £499,038 (2023) Tax Year 2024

PROPERTY TAXES

Parcel Number
(116)1093
Land Assessment
£229,619 (2023)
Improvements Assessment
£499,038 (2023)
Total Assessment
£728,657 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
(802) 681-5305

CONTACT

  • Paul Hardy
    Paul Hardy
  • Vermont Commercial Solutions LLC

  • Listing ID: 33246690

  • Date on Market: 20/09/2024

  • Last Updated:

  • Address: 4975 - 4977 Main Street, Manchester Center, VT 05255

The Retail Property at 4975 - 4977 Main Street, Manchester Center, VT 05255 is currently available for sale. Contact Vermont Commercial Solutions LLC for more information.

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4975 - 4977 Main Street, Manchester Center, VT for sale Building Photo- Image 1 of 3
4975 - 4977 Building photo
4975 - 4977 Main Street, Manchester Center, VT for sale Site Plan- Image 2 of 3
Plot Plan 4975 - 4977 Main Street

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Factory Point Square Associates | 4975 - 4977 Main Street
(802) 681-5305 x

Factory Point Square Associates | 4975 - 4977 Main Street

Paul Hardy

(802) 681-5305

(802) 681-5305

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