This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Factory Point Square Associates 4975 - 4977 Main Street

3,295 SF 100% Leased Retail Building Manchester Center, VT 05255 $275,000 ($83/SF) 11.20% Cap Rate

Investment Highlights

  • Perfectly located in Manchester's vibrant downtown business district for convenient access to the highly successful service businesses tenants.

Executive Summary

Busy 3 unit 100% occupied commercial property with 14 parking spaces that support highly successful service business tenants with long term leases. $80,000 completed renovation project 2023 - 2024.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,295 SF
Building Class
B
Year Built/Renovated
1990/2024
Price
$275,000
Price Per SF
$83
Cap Rate
11.20%
NOI
$30,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.36 AC
Zoning
DN - Downtown Business District
Parking
14 Spaces (4.25 Spaces per 1,000 SF Leased)

Nearby Major Retailers

TD Bank
Price Chopper
Community Bank
Shaw's
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
(116)1093
Land Assessment
$297,700 (2023)
Improvements Assessment
$647,000 (2023)
Total Assessment
$944,700 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 33246690

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 4975 - 4977 Main Street, Manchester Center, VT 05255

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}