GREAT INVESTMENT PACKAGE--100% occupancy, recent needed siding work and HVAC upgrades completed, good condition, low maintenance (roof replaced 2018-19), town water and sewer, great parking, with potential for additional income. This 1-story building currently offers 12 office/retail units, plus 38 storage units at the basement level. Basement has a drive-in, garage door access, with room to add additional storage units. Building has a truss roof frame, which would allow floorplan alterations if needed. With room for additional basement storage units, it makes this investment prospect even more attractive. Leases are a mix of partial net and gross rents. Tenants are a mix of primarily professional offices. There are 10 propane-fired HVAC units and 9 total electric services, but not all zoned specifically for individual units, as the floorplan has changed over time. Seller will consider only PREQUALIFIED OR APPROVED BUYERS, and buyers should be prepared to offer a satisfactory financial statement/proof of funds.
Springfield is located in Vermont. Springfield, Vermont has a population of 9,089. Springfield is less family-centric than the surrounding county with 18.67% of the households containing married families with children. The county average for households married with children is 26.01%.
The median household income in Springfield, Vermont is $57,160. The median household income for the surrounding county is $63,787 compared to the national median of $69,021. The median age of people living in Springfield is 51 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 7.5 degrees. The average rainfall is approximately 44 inches per year, with 67.4 inches of snow per year.
