1123 Main StreetFairfax, VT 05454MLS Number 4665418

  • Price: $285,000
  • 30 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.25Acreage
  • 1870Year Built
  • 2470Square Feet
  • StoneFoundation

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.

Ask Me A Question

Call Us:

or send a message:
Do not fill in this field:
Geri Reilly Real Estate
Office: 802.862.6677
340 Dorset Street
Suite 4
South Burlington, VT 05403

Driving Directions

Listed by Curtis Trousdale and Alex Danis of Preferred Properties

More Info

Basic Information

  • Modification Date11/08/2017
  • List Price$285,000
  • Date Listed2017-10-21T00:00:00
  • StatusACT
  • MLS Number4665418

Property

  • Property TypeCommercial Sale
  • Road Frontage81
  • ZoningHigh Density Res
  • Lot Sqft10890
  • TypeBusiness, Investment, Multi-Family
  • SignageNone
  • Acreage0.25

Location

  • Zip05454
  • StateVT
  • Building Number1123
  • TownFairfax
  • CountyFranklin
  • AreaIn Town, Near Paths, Village
  • StreetMain

Exterior

  • Parking Spaces
  • RoofShingle - Architectural
  • ExteriorWood Siding

Building

  • Square Feet2470
  • Year Built1870
  • FoundationStone
  • Units3
  • ConstructionWood Frame
  • Available Sqft2470

Interior

  • BasementConcrete Floor, Stairs - Exterior, Unfinished

Utilities

  • FuelGas - LP/Bottle
  • Heating CoolingIndividual
  • Phone CompanyComcast

Other

  • Broker NamePreferred Properties
  • Agent NameTrousdale
  • bloggingYes
  • Book134
  • Page439
  • Delayed ShowingsNo
  • Number of Photos27
  • View Count9

Fairfax, VT Demographics

There is no data available

Fairfax, VT Real Estate Market Data

There is no data available

Fairfax, VT Schools

School NameDistanceTypeGradesTest Score RatingParent Rating
n/a

Neighborhood Information Powered by Onboard Informatics. Copyright © 2017 Onboard Informatics. School Performance Data by SchoolDigger.com, and School Review data provided by Niche.com. Information is deemed reliable but not guaranteed.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field:

Raving Fans