Warehouse Income and Home

Addison, VT (Addison County)

One warehouse

Asking Price:$795,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:$48,000

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1992

Warehouse Income and Home

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Business Description

A great investment. Two parcels of land totaling 3.5 acres known as Addison Four Corners. Located on highly travel VT RT 22A and VT RT 17. Four warehouse of which 2 have offices. Combined ware house square footage is 15,572. 6 loading doors. Same company has leased them since 1992 and will sign a letter of intent for a new owner. The property also has a 3 bedroom home, with living room, dinning room, family room, sun room, 2 full baths, deck and pool with wonderful views of the Green Mountains and spacious lawns and a two car garage with second floor for a work shop or studio. Live in the home or rent it for more income. Rent income is $48,000 per year. If you do not need the home, rent it for an additional $24,000 per year

Attached Documents


Detailed Information

Real Estate:
Owned
Building Sq. Ft.:
N/A
Employees:
1
Facilities:
Four warehouses, two with offices. Private residence with 3 bedrooms, two baths, family room, living room, dining room, sun room, deck, pool and car detached garage.
Competition:
No competition in the area
Growth & Expansion:
Warehouse are all rented to the same tenant since 1992. Home could also be rented.
Support & Training:
As needed by the buyer.
Reason for Selling:
Owner living at the property and is retiring.

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John K. Nelson

Business Listed By:
John K. Nelson

Four Seasons Sotheby's International

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