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Factory Point Square Associates | 4975 - 4977 Main Street
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Factory Point Square Associates 4975 - 4977 Main Street
3,295 SF 100% Leased Retail Building Manchester Center, VT 05255 £218,705 (£66/SF) 11.20% Net Initial Yield
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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.
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
£218,705
Price Per SF
£66
Net Initial Yield
11.20%
NOI
£24,495
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)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | (116)1093 | Total Assessment | £751,312 (2023) |
Land Assessment | £236,758 (2023) | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £514,554 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
(116)1093
Land Assessment
£236,758 (2023)
Improvements Assessment
£514,554 (2023)
Total Assessment
£751,312 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
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Factory Point Square Associates | 4975 - 4977 Main Street
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