Price Reduced 13.40%
Listing courtesy of Jacqueline Jameson, Jameson Real Estate Phone: 802-299-6407
Price History
$114,900
4/18/2024
$99,500
7/9/2024
102 Railroad Street, Royalton, VT, 05068
1975
700 sqft
This is an a great opportunity to own a 700 square foot commercial/residential space in downtown South Royalton. This in town location has municipal water and sewer and consists of a 20' x 35' log cabin that sits on leased land owned by the Central Vermont Railway. The cabin is currently rented as a residence and includes a full bath, bedroom and a kitchen. The current resident pays $975.00 per month plus all utilities and has rented the cabin for the past six years. This adorable cabin has been a barber shop, dental office, video store, insurance office, and custom jewelry store. Its the perfect location for any small business. South Royalton has no zoning. Walk to Vt Law School, the bank, the stores and the South Royalton Village Green. A wonderful location. The lease for the land is currently $2932 per year. The new owner will need to renegotiate the lease prior to the sale for a fee of $1000 to the Central Vermont Railway. Interior photos are not current.
Status:
Pending
Type:
Commercial
Units:
1
Zoning:
COMMERCIAL
Heating:
Baseboard, Hot Air, Propane
Parking:
Driveway
Acreage:
0.05
Est. Taxes:
$1,998
MLS #:
4991911