Fantastic investment opportunity with significant upside potential. Fort Ethan Allen Mini Storage is a well positioned, 126 unit self storage facility made up of three buildings in a highly accessible location. The primary brick building totals approximately 15,224 SF and offers a mix of climate controlled and non climate controlled units on both the first and second floors, providing flexible options for a variety of tenant needs. A local church currently leases gathering space in this building under a lease running through October 2030, providing stable income. Historically, many of the climate controlled units have been leased as both storage and office spaces, creating diversified revenue streams. Two additional metal buildings, totaling approximately 2,646 SF and 2,200 SF, contain 47 self storage units with roll up doors and direct drive up access, which are highly desirable for tenants seeking convenience and ease of loading. Inside the complex, there are currently two larger spaces that could be reconfigured to increase both the unit count and gross rentable area, offering a clear path for future income growth. One unused area, already served by a garage door, is ideally suited for a contractor or user needing dedicated drive up access. Operations are streamlined through modern online self storage management software, allowing for efficient leasing and rent collection. The asking price reflects a 6.6% cap rate, making this an attractive option for investors seeking stable cash flow with room to grow.
Exciting Investment Opportunity! Own your own commercial property and enjoy the advantage of paying yourself rent while building long-term equity. The main shop area has successfully operated as the ownerâ??s business for decades, offering a proven location with strong potential. A separate warehouse provides flexibilityâ??use it for your own needs or rent it out for additional income. The upstairs offices present an excellent chance for conversion into residential units, adding even more value to this versatile property.
Welcome to the thriving Bayside Triple M Deli & Market! This Colchester convenience store and gas station has been a community staple operated by the same family for the last 11 years. The business owners have built a successful name and are ready to retire from the industry and hand this well oiled machine off to someone who can capitalize on their hard work and begin immediately benefiting from a profitable business. The Colchester community is anxious to see the store's deli expand their operating hours once again to make the new business owner even more successful. Step right into your new investment opportunity complete with inventory, equipment, and trade secrets with no start up time required.
Colchester is located in Vermont. Colchester, Vermont has a population of 17,547. Colchester is less family-centric than the surrounding county with 29.61% of the households containing married families with children. The county average for households married with children is 31.07%.
The median household income in Colchester, Vermont is $83,869. The median household income for the surrounding county is $81,957 compared to the national median of $69,021. The median age of people living in Colchester is 35.7 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 9.3 degrees. The average rainfall is approximately 37.2 inches per year, with 72.1 inches of snow per year.
