62 Cross St - Freestanding FOR SALE


Brighton, VT 05846
$2,350,000 USD
802-274-9149
62 Cross St, Brighton, VT for Sale
$2,350,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

62 Cross St
Brighton, VT 05846


HIGHLIGHTS

  • Thriving retail hardware & lumber store
  • This is an opportunity to own/operate a profitable ACE franchise
  • This property overlooks the lake and has abundant parking
  • Additional property features and business financials available upon request to well-qualified buyers with a signed NDA.

OVERVIEW

Thriving retail hardware & lumber store, Gervais ACE Hardware is offered for sale and inclusive of real estate, business & goodwill, inventory (valued at approx. $875K), equipment, etc. This is an opportunity to own/operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and virtually no competition within 20+ miles. Consisting of a storefront of over 10,000 square feet of retail space, in addition to a 10,000 square foot, two-story lumber warehouse and four, income-producing, residential rental units on-site. Gervais ACE Hardware sells products ranging from hardware, plumbing, electrical, tools, sporting goods, automotive/marine supplies, and more. This business also offers a variety of services to customers such as local delivery of lumber/building materials, key-cutting, and paint matching. Features include metal frame retail store construction, cantilever racking in outbuildings/warehouse, second-floor office space, loading area with overhead door, 27,000 BTU AC system, and 16kW emergency backup generator. Recent updates include a new TPO roofing system installed in 2020 (20 yr warranty) and interior renovations to the attached apartment units. This property overlooks the lake, has abundant parking, and has been a staple to the community and neighboring towns of Essex county for over 25 years. Additional property features and business financials available upon request to well-qualified buyers with a signed NDA.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ace Hardware

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

090-028-11242

ASK ABOUT THIS PROPERTY

Ryan ProntoJim Campbell Real EstateMore Info
802-274-9149

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Ryan ProntoJim Campbell Real EstateMore Info
802-274-9149

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