This is an a great opportunity to own a 700 square foot commercial/residential space in downtown South Royalton. This in town location has municipal water and sewer and consists of a 20' x 35' log cabin that sits on leased land owned by the Central Vermont Railway. The cabin is currently rented as a residence and includes a full bath, bedroom and a kitchen. The current resident pays $975.00 per month plus all utilities and has rented the cabin for the past six years. This adorable cabin has been a barber shop, dental office, video store, insurance office, and custom jewelry store. Its the perfect location for any small business. South Royalton has no zoning. Walk to Vt Law School, the bank, the stores and the South Royalton Village Green. A wonderful location. The lease for the land is currently $2932 per year. The new owner will need to renegotiate the lease prior to the sale for a fee of $1000 to the Central Vermont Railway. Interior photos are not current.
Royalton is located in Vermont. Royalton, Vermont has a population of 2,801. Royalton is more family-centric than the surrounding county with 26.41% of the households containing married families with children. The county average for households married with children is 25.38%.
The median household income in Royalton, Vermont is $48,011. The median household income for the surrounding county is $56,828 compared to the national median of $57,652. The median age of people living in Royalton is 42.1 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 5.7 degrees. The average rainfall is approximately 42.6 inches per year, with 79.1 inches of snow per year.
