12 River StreetMilton, VT 05468MLS Number 4923137

  • Sale Price: $675,000
  • 251 Days Since Sale
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
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12 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 05468
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  • 0.3Acreage
  • 1900Year Built
  • 6,426Square Feet

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Listed by Ferrara Beckett Team of Coldwell Banker Hickok and Boardman

Listing Sold by RE/MAX North Professionals
Investors, landlords & entrepreneurs this is your opportunity to own an impeccably maintained & updated mixed-use treasure in Chittenden County. Central to Milton's business district & only minutes to I-89, this unique 2.5 story property contains 3 residential apartments in the upper level, with 5 business units beneath. All units are currently leased to reliable tenants - with five flourishing businesses operating on the lower level. In addition to ample parking & handicap accessibility, this property is convenient & functional - the owner has done endless updating to ensure ultimate efficiency & extend the longevity of the building. With over 6,000 sq. feet of finished, usable space the opportunities are endless. Every aspect of exterior upkeep has been covered - fresh pavement throughout the parking lots & driveway, retention areas to deter excess water, new shingles on the residential portion of the building & a white rubber membrane roof. A fully functioning drilled well exists on the property, should the new owner choose to switch from municipal water. With a new stainless steel liner installed in the chimney just last year - the dedication to this property is evident. Vast interior updating was complete in 2019, including new polished concrete in the commercial section, suspended ceilings, new wiring & LED lighting. An ADA bathroom was also installed, as well as a leisure room & a break-room for employees. If you are seeking a business opportunity, this is it!

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More Info

Basic Information

  • PermissionDeed, Lease Agreements, Other

Building

  • Year Built1900
  • ConstructionOther, Wood Frame
  • FoundationPoured Concrete, Slab - Concrete
  • Square Feet6,426
  • BasementFinished, Slab, Storage Space, Interior Access
  • Garage Spaces

Exterior

  • ExteriorBrick, Shingle, Vinyl Siding
  • RoofMembrane, Shingle

Utilities

  • FuelGas - LP/Bottle, Oil
  • Heating CoolingHot Air, Hot Water
  • Phone CompanyVerizon

Other

  • Transport AccessCity Street, Public Transportation, Paved
  • Date Listed07/29/2022
  • View Count27

Tax Information

  • Tax Year2021

Location

  • Building Number12
  • StreetRiver Street
  • TownMilton
  • StateVT
  • Zip05468
  • CountyChittenden

Property

  • Acreage0.3
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, Near Shopping, Near Public Transportatn
  • Lot Sqft13,068
  • Road Frontage97

Basic Information

  • StatusSLD
  • Modification Date03/31/2023
  • TypeBusiness, Investment, Multi-Family
  • List Price$880,000
  • Broker NameColdwell Banker Hickok and Boardman
  • Listing Agent NameFerrara Team
  • Lister Office NameColdwell Banker Hickok and Boardman
  • Seller Office NameRE/MAX North Professionals
  • Selling Agent NameEmily Biron
  • MLS Number4923137
  • MLS StatusClosed

Amenities

  • Accessibility AmenitiesAccess Common Use Areas, Access Parking, Access Restrooms, Accessibility Features, Paved Parking
  • PricePerSqFt105.04

Your Local Office

Brian French Real Estate

Brian French Real Estate

1993 Williston Road,
South Burlington, VT 05403
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Copyright 2023 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 December 6, 2023 11:23 PM EST

 

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