- 1870Year Built
- 2470Square Feet
Rare investment opportunity with 2 Residential Units and 1 Commercial Unit in a quaint 19th century building in Fairfax, VT! This 3-unit building boasts over 2,700 sqft of finished space, 80 +/- ft of frontage along Main St with 9 parking spaces per site plan. Ground floor is currently functioning as a bakery with 24-person occupancy load and two apartments occupying the second floor and third floors. The sale includes business assets including furniture, appliances, kitchen equipment and many small fixtures; offering a favorable and seamless transition for potential purchasers to continue the business. Residential units include a 2br/1ba with current month to month lease and 1br/1ba with current yearly lease. Total monthly rent for combined units is $1475 p/m. Recent improvements in the apartments with newer windows, flooring and carpet and a newer main roof. Full basement for storage and a rear detached 2-bay garage is located in the rear parking lot. Garage is split into three sections and has been leased in the past. Current wastewater permit in place for existing use and occupancy - GMP for power - Comcast for cable/internet and phone - Building runs off both oil and propane. Covenant location in downtown Fairfax with high visibility. Minutes from I89 providing easy access to St. Albans and Burlington.
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- Modification Date01/04/2018
- List Price$285,000
- Date Listed2017-10-21T00:00:00
- MLS Number4665418
- Property TypeCommercial Sale
- Road Frontage81
- ZoningHigh Density Res
- Lot Sqft10890
- TypeBusiness, Investment, Multi-Family
- Building Number1123
- AreaIn Town, Near Paths, Village
- Parking Spaces
- RoofMetal, Standing Seam
- ExteriorWood Siding
- Sale IncludesEquipment
- Square Feet2470
- Year Built1870
- ConstructionWood Frame
- Available Sqft2470
- BasementConcrete Floor, Stairs - Exterior, Unfinished
- FuelGas - LP/Bottle, Oil
- Heating CoolingIndividual
- Phone CompanyComcast, Fairpoint
- Broker NamePreferred Properties
- Agent NameTrousdale
- Delayed ShowingsNo
- Number of Photos27
- View Count17
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"Geri was amazing! She was knowledgeable about the housing market like no other agent I spoke with. We had our house on the market for less than a week and we had two offers! I will definitely use Geri and her team for ALL of my future house buying/selling needs. And [...]
- Toni, Essex Jct 2015
You gave Bobbi and I marvelous counsel over the years; should we ever again look for a property in Vermont, you'll be our agent - you're the best!!
To everyone at Geri Reilly Real Estate: Thank you for a job well done. The entire process from listing to selling to closing went very smoothly and quickly. It was a pleasure doing business with your firm. We would recommend your company to anyone interested in buying or selling a home.
Carolyn and Gary, Florida
"In the past we've used other realtors and were unsuccessful. This time we heard from our friend about Geri Reilly and couldn't have been more pleased. Our condo had 4 showings and an offer was made. She's down to business, passionate to all, the team she has working underneath her is fantastic! I will say now that we [...]
-Kelly & Paul, Colchester
"Geri and her team were awesome throughout my home buying experience. They gave me wonderful direction and handled all aspects of my home search purchase flawlessly. I highly recommend them and would use their services again should the need arise."
- Lee, Essex Junction 2017
"Geri is fantastic! My husband has been working out of state during the week for a year, and we had moved into our new home out of state. Geri was compassionate, supportive, and smart. Geri told me what things really didnt need to be done, what would still be helpful, and when she got started things really went lightning fast. In two [...]
- Donna & Josef, South Burlington
I want to thank you, thank you, thank you, so much for the wonderful thing you did for Ruth and I. You made it happen! You are the best! I will always remember your kindness.
Ruth and Skip, Essex Junction
Geri was fantastic! The concierge services were a godsend. Geri was always on top of everything and walked us through the whole process!!
Joey & Karen
"Geri and her staff did a great job of selling our land. This is the second time dealing with Geri. She represented the person that bought a house from us. So we have dealt with Geri and her firm from both sides and would definitely recommend her to everyone. A nice experience!"
- Bill & Margi, Bolton 2016
I can't thank you enough for the incredible job you did on the listing, showing and sale of my condo in Williston. Your professionalism and skills are unmatched! You made the whole process enjoyable and educational. I very much appreciate all your help and guidance. I wish you continued success!