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Description

Tremendous investment opportunity in downtown Bellows Falls! With over 10,000 square feet on three floors, this property is brimming with opportunity. Previously the headquarters of SoVerNet, the first floor of the building is currently fully occupied with two commercial tenants, which produce a positive NOI. 2nd and 3rd floors are currently unoccupied and ready for commercial tenants or potential development into residential space. Prime location in the walkable downtown, with river frontage and spectacular views from the back of the building.

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© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-09-24T00:05:31.523.
www.livingvermont.com/homes/116954764
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1-5 Canal Street Rockingham, VT 05101

  • Price: $450,000
  • Status: Active
  • Updated: 106 min ago
  • MLS #: 4859839
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Beds
0
Baths
0
½ Baths
0.09
Acres
1891
Built
Neighborhood:
Rockingham
County:
Windham
Area:
Rockingham
Property Description
Tremendous investment opportunity in downtown Bellows Falls! With over 10,000 square feet on three floors, this property is brimming with opportunity. Previously the headquarters of SoVerNet, the first floor of the building is currently fully occupied with two commercial tenants, which produce a positive NOI. 2nd and 3rd floors are currently unoccupied and ready for commercial tenants or potential development into residential space. Prime location in the walkable downtown, with river frontage and spectacular views from the back of the building.
Exterior Features

Exterior CombinationComposition Lot Description City LotRiver Frontage Road Frontage Yes Road Frontage Length 50 Roof Membrane

Interior Features

Basement Yes Basement Access Type Interior Basement Description Concrete Floor Foundation Stone Sq Ft Total Building 10408

Property Features

Net Income 38235 Pre Construction No Sale Includes Land/Building Sewer Public Span Number 528-166-10744 Sub Property Type InvestmentMulti-FamilyOfficeOpportunityRetail Tax Gross Amount 8506.32 Tax Year 2020 Taxes Tbd No Utilities Internet - Cable Village District Locale Bellows Falls Water Public Zoning Central Business-7

Courtesy of Andy Paluch of Tpw Real Estate.


© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-09-24T00:05:31.523.
 
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RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446