394 VT Route 15, Jericho, VT, 05465 | $499,900

An incredible commercial opportunity in a terrific location with amazing road frontage. . . that isn't something you see everyday!! Come explore this one -of-a-kind investment opportunity located in the coveted & flexible Village Center District of Jericho, bordering downtown Underhill. Conveniently situated right on Vermont Route 15, the opportunities are endless for your commercial or residential desires for this property's next chapter. Formerly a church, this current structure has been transformed into successful commercial storefront, home to GTG Hydroponics for years. With this, the commercial aspect of the property has been tried & true, & enjoyed success for decades with as desirable of a location as you can imagine for attracting customers! As you enter the building, you'll be wow'd by the high cathedral ceilings, original stained glass windows, & original church bell hanging proudly in the refurbished bell tower. Your next thought will be the tremendous opportunity that comes with the space; both in the main structure which is complete with bathroom, utility room, double vaulted office, & full basement, as well as the rectory which also boasts a bathroom, it's own heat & hot water, & tremendous additional flex space. The potential is limitless & and poised for a prosperous next chapter in its history! Seize the opportunity to invest in a property that combines immense character, functionality, opportunity, & versatility, setting the stage for its next owner!

Features

  • Property Type: Business,Office,Retail
  • Construction: Wood Frame,Clapboard Exterior
  • Heating: Forced Air,Oil
  • Cooling: None,Other
  • Units: 2
  • Zoning: Mixed
  • Frontage: 100
  • Year Built: 1920
  • Approx Sq. Feet: 2,820
  • Acreage: 0.34
  • Est. Taxes: $5,231
  • MLS#: 5005101
  • Website: https://www.raveis.com
    /prop/5005101/394vtroute15_jericho_vt?source=qrflyer
©2024 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 PrimMLS. 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 12/22/2024
Listing courtesy of KW Vermont   Phone: 802-654-8500
Listing Agent: Connor Johnson

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

394 VT Route 15, Jericho, VT, 05465

$499,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,920 $399,920 $399,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $436 $436 $436
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,694 $2,658 $3,373
Total Monthly Payment $3,205 $3,169 $3,884

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.