$434,000

3776 VT Route 11, Peru, VT 05152, US

primary photo for 3776 VT Route 11, Peru, VT 05152, US

Remarks

The buyer of this property would net a CAP RATE OF 6.5%. The well-known Bromley Market property is offered for sale for the first time since 2010. For decades, this freestanding building on the east-west stretch of Route 11 between Londonderry and Manchester has been a convenient stop for travelers and a regular coffee/lunch spot for locals. With Bromley Mountain less than a 2-minute drive and Stratton 13 miles away, this location is highly visible, with traffic counts of over 5K vehicles per day. The first-floor commercial space features a charming country market leased through July 2027. The market currently offers takeaway and prepared food, a 12-seat dining area, a convenience store and a 2-pump gas station. The Bromley Market name transfers with the property. The 2nd floor includes a freshly renovated 1-bedroom apartment with a separate covered stairway entrance & room for expansion. Electric is metered separately for the apartment. This is an opportunity for employee housing at the base of Bromley Mountain. For an investor interested in a diversified investment property, zoning for this existing property allows for additional uses: retail, office space, or conversion to a 5-bedroom residential property. Light industrial may be an option with the Town of Peru input. Septic permitted and replaced in 2022. Building financials upon request. Take a look at the newly renovated 2nd-floor apartment!

Details

MLS#: 4956813
Price: $434,000


County: Bennington
Lot Size: 21344
Tax Fee: 6420.6

Share With Friend






Cancel

Ask a Question







Cancel

Request More Photos







Cancel

Schedule a Showing








Cancel
  • Photo 1
  • Photo 2
  • Photo 3
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • Photo 11
  • Photo 12
  • Photo 13
  • Photo 14
  • Photo 15
  • Photo 16
  • Photo 17
  • Photo 18
  • Photo 19
  • Photo 20
  • Photo 21
  • Photo 22
  • Photo 23
  • Photo 24
  • Photo 25
  • Photo 26
  • Photo 27

Broker Contact


TPW Real Estate
4903 Main Street.
Manchester, VT, 05255
US
Annie Bessette
! (802) 366-1430
! cmc@tpw.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by PrimeMLS
Last updated: 2024-05-24T17:51:29.000-04:00.
Privacy Policy