56 Depot Sq - Office/Residential FOR SALE


Barre, VT 05641
$200,000 USD
802-343-0363
56 Depot Sq, Barre, VT for Sale
$200,000 USD
Office/Residential - FOR SALE
1/7
null | Request Cap Rate

56 Depot Sq
Barre, VT 05641


HIGHLIGHTS

  • Historic Train Station Depot
  • Most recently occupied by Granite City Group Fitness & TD Bank

OVERVIEW

$200,000, 56 Depot Square, Barre, Beautiful Architecture, Stand Alone Structure, Historic Train Station Depot. Taxes are believed to be $12,949.88. Most recently occupied by Granite City Group Fitness & TD Bank. 2,338 SF +/- building & 357 SF +/- canopy for two lane bank drive through on .25 +/- acre with 9 parking spaces on site, two of them may or may not be impacted by the subdivision line. Property has been flooded & has been mostly gutted. List of sellers demo work to date is available. What remains of the plumbing & electrical is very limited. Water has been turned off by the City. There is a possibility that the building might have to have the basement filled with concrete, or raised 4' perhaps. Believed to have been subdivided 4/4/23. Tax map ID 0465-0056.0000, SPAN # 036-011-13025, UC-1 Zoning District, Design Review Overlay District, AE Special Flood Hazard Area District, Historic Overlay District, Designated Downtown District, Barre Downtown Historic District. Michelle La Barge-Burke (she/her) Permit Administrator – City of Barre 6 North Main St., Suite 7 Barre VT 05641 permitadmin@barrecity.org Office: (802) 476-0245 www.barrecity.org Online public information civil engineer permit summary available. Here is a quote. “The building is deemed to be a non-conforming structure in the Flood Hazard District since the floor elevation is below the 600 +/- is lower than the Based Flood elevation of 603 +/-.” David S. Marshall, P.E. Civil Engineering Associates, Inc. 10 Mansfield View Lane South Burlington, VT 05403 P 802-864-2323 x310 F 864-2271 dmarshall@cea-vt.com WW permit: WW-5-5086-1. https://www.nps.gov/articles/000/guidelines-on-flood-adaptation-for-rehabilitating-historic-buildings.htm Elizabeth Peebles | Historic Resources Specialist – Architecture Vermont Division for Historic Preservation Department of Housing and Community Development 1 National Life Drive, Davis Building, 6th Floor | Montpelier, VT 05620 802-505-1147 office | elizabeth.peebles@vermont.gov accd.vermont.gov/historic-preservation Resources for Municipal Officials dec.vermont.gov/after-a-flood#KeySD Resources for the Public www.floodready.vt.gov/help-after-flooding Ned Swanberg (he/ki) CFM Vermont Flood Hazard Mapping Coordinator | Regional Floodplain Manager Vermont Agency of Natural Resources | Department of Environmental Conservation Watershed Management | Rivers 1 National Life Dr. | Davis 2 | Montpelier, VT 05620-3522 802-490-6160 ned.swanberg@vermont.gov www.floodready.vt.gov www.floodtraining.vt.gov This property is believed to have the first Boy Scout Troop Marker (granite statue). www.hmdb.org/m.asp?m=143765 The seller is working with the City to draft a ROW/easement for the City to maintain the statue on the property. It is believed the City may own the statue. Environmental engineer summary available. Here is a quote. “The former Howe Cleaners (now identified as the “Enterprise Aly Remediation Project”), was located less than 100 ft to the northwest and had significant leaks/spills of Tetrachloroethene (PCE) during its operation, and was first identified in the late 1990s. Testing for PCE in groundwater on 56 Depot has occurred since 1999, and vapor testing began in 2015; the testing is conducted by the responsible party (RP), and not by the owner of 56 Depot Square. A large scale remediation system was installed in 2016 by the RP and continues to operate, which involves soil vapor extraction (SVE) to extract PCE vapors from the subsurface including two (2) legs that extend onto the subject property. Based on the most recent reporting on the Site, the PCE plume in groundwater extends north and west of the building but does not extend underneath the building. The PCE vapor plume also extends near the building, but most recent testing shows that vapors tested underneath the building are non-detect for PCE, but have low levels of the degradation compound Chloroform.” Miles E. Waite, PhD, PG Senior Hydrogeologist [WHEM_word mark] Waite-Heindel Environmental Management 231 S. Union Street, Suite 201, Burlington VT 05401 Main: (802) 860-9400 Fax: (802) 860-9440 Cell: (802) 310-2979 mwaite@waiteenv.com www.waiteenv.com Lead-Based Paint Inspection Report available. Commercial Structure, 56 Depot Square, Barre, Vermont CPAI Project #15890 Environmental Specialist Christopher Herrmans. Here is a quote. “For your information, lead-based paint was detected on/within the structure.” Herrmans@claypointassociates.com Clay Point Associates, Inc. www.claypointassociates.com PO Box 1254 Williston, Vt 05495 Phone: (802) 879-2600 Information package available. Listing agent is present for all showings. Information is believed to be accurate but not warranted.

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

AE

APN/PARCEL ID

036-011-13025

ASK ABOUT THIS PROPERTY

Esther LotzEstherJ. Lotz, Broker, LLCMore Info
802-343-0363

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Esther LotzEstherJ. Lotz, Broker, LLCMore Info
802-343-0363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.