Commercial for Sale: 1115 Route 4a West, Castleton, VT 05735

$287,500
$287,500
1115 Route 4a West, Castleton, VT 05735
$287,500
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Price:
$287,500
$11,500 - 04/12/2024

Type Commercial
Lot Size 2.02 acres
Year Built 1890
Taxes Paid $7,330

City Castleton
County Rutland

MLS 4974326
Status Active
DOM 430 days
Discover an exceptional investment opportunity with this versatile 4-unit multiuse building. This property features a strategic mix of two spacious offices and 2 two-bedroom open-concept apartments, providing a diverse range of potential income streams. Unlock the full potential of this property with the possibility to convert the existing office space into additional apartments, enhancing rental income and maximizing return on investment. The finished space in the basement offers even more possibilities, whether utilized as a studio, office, or transformed into an extra apartment. 1.21 acres of the property are leased to the Town of Castleton through June of 2086 for an annual amount of $1. The purpose of this lease is for a community recreation area, no structures may be built on the property. Don't miss the chance to own a property that not only offers immediate revenue but also provides strategic options for future growth. Call today to schedule a viewing and explore the endless possibilities this multiuse building presents.

Lot & Building Features

Utilities Telephone Available
Construction Wood Exterior, Wood Frame
Cooling Central AC
Heating Baseboard, Hot Water, Forced Air
Sewer Public
Tax Year 2023
Taxes Paid $7,330
Water Drilled Well
Basement Description Partially Finished
Foundation Stone
Roof Slate

Price History of 1115 Route 4a West

Date Name Price Difference
04/12/2024 Price Adjustment $287,500 3.85%
10/14/2023 Listing Price $299,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1115 Route 4a West, Castleton, VT

Location Map Street View
Photo of Maureen Carey
Direct: 603-944-7834
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Casella Real Estate, Hughes Group Team
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2.549787826087%
6.75%
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1115 Route 4a West (MLS #4974326) is a commercial listing located in Castleton, VT. This commercial listing is on a lot of 87,991 sqft (or 2.02 acres) and is 134 years old. This property was listed on 10/03/2024 and has been priced for sale at $287,500.

Nearby zip codes are 05732, 05735 9105, 05743, 05750 and 05764. This property neighbors other cities such as Fair Haven, Hubbardton, Poultney and West Haven.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Casella Real Estate

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 12/17/2024