PRICE REDUCTION--to Sell!!. It is possible to Live rent or mortgage free!!! And HERE it is.This is a 3 unit multi-family, fully rented/money making property now..Live in one and let the other two pay your bills.. Or, use your imagination, create your vision of what this premier location could be. Zoned BOTH commercial AND residential.. this property could be a fabulous restaurant with rivers edge al fresco dining or...a potential location for a new store, exercise studio/hot yoga... or art gallery... Office space and massage therapy business in place now. The dream is yours to make as you will and this land and the 2 houses, 1 apartment unit and office space unit and 4 garages along the Utley Brook branch of the West River. 365 feet of gorgeous water front, 435 feet of Londonderry Market access with loads of parking for access to your retail dream. ALL 3 UNITS FULLY RENTED and making $$$$ There are lots of houses... but there is only ONE location like this and opportunity to create a lifestyle from whatever your vision might be. Great potential!
For more than 20 years, this mixed-use property has been consistently operated and maintained by the same ownerâ??an indicator of stability, reliability, and proven performance. The building features three distinct income channels: a fully equipped small-town diner with loyal local traffic, a well-established general market serving the communityâ??s daily needs, and two rental apartments above that provide steady residential income. Positioned directly on a main road with excellent traffic exposure, the property benefits from continuous visibility and easy access, supporting both the commercial tenants and future growth potential. Whether youâ??re an investor seeking diversified revenue streams or an owner-operator looking to step into a turnkey, multi-income asset, this property offers immediate cash flow with room to expand, modernize, or reposition for even greater returns.
Investment opportunity! This beautiful ski country compound offers 3 potential streams of rental income, or a home where you can enjoy sweeping views of the West River Valley just minutes away from Magic Mountain skiing and a surprising array of amenities in Londonderryâ??s town center. A barn apartment over a garage with a 3/4 bath, and an upstairs and downstairs unit with a full bath each, are all equipped with their own kitchen and come with paying tenants. Keep the property in its current configuration, or combine the main house into one living area, with the barn as an in-law suite. A septic design exists for a subdivision of the property which, if the subdivision is obtained and a septic permit approved, would enable further development. Property to be sold as-is. Owner financing available.
This is your chance to own in downtown Londonderry! You have the option of commercial, residential or BOTH. One unit is currently set up for residential use with living area and 3/4 bath on the first level and three bedrooms and full bath on the second floor. The second unit has been used for commercial use in the past with open space and 1/2 bath on the first floor with 3 rooms and 2 full baths on the second floor. Should you choose to live in all or part you would be close to skiing at Bromley, Magic, Okemo and Stratton as well as nearby shopping/dining in Weston and Manchester. If you like outdoor activities you would have most options near by including hiking, biking and horseback riding. There are separate utilities and some updates have been done including a new furnace and hot water heater on the residential side. There is currently on site septic but there is an approved application in place for town sewer.
Londonderry is located in Vermont. Londonderry, Vermont has a population of 1,886. Londonderry is less family-centric than the surrounding county with 20.74% of the households containing married families with children. The county average for households married with children is 20.95%.
The median household income in Londonderry, Vermont is $55,465. The median household income for the surrounding county is $59,195 compared to the national median of $69,021. The median age of people living in Londonderry is 53.3 years.
The average high temperature in July is 78.9 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 51 inches per year, with 99.3 inches of snow per year.
