40 N. Main Street Alburgh, Vermont - Sold in 2021

40 N. Main Street Alburgh, Vermont 05440 MLS# 4841627

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Sold Status

$126,500 Sold Price

Multi Type

5 Beds

3 Baths

6,524 Sqft

Listed By Michael Savage of
Sold By RE/MAX North Professionals
✉ 🖶

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40 N. Main Street

Incredible business opportunity! Former liquor outlet and deli with two rental apartments above. Rental income from the two apartments would easily cover your mortgage while you operate or rent the commercial space down below or owner occupy one apartment and rent the other. The Alburgh Beverage Mart served the area for decades and built a solid reputation for its outstanding food and customer service throughout Northwestern Vermont. The current owners are now looking for someone new to reopen and revitalize the property and carry on that proud tradition. †

Property Location

40 N. Main Street Alburgh

Property Details

Sold Price  $126,500 Sold Date  Aug 6th, 2021
List Price  142,900 Bedrooms  5 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1901
MLS#  4841627 Lot Size  0.26 Acres Taxes $3,311
Type  Multi-Family Days on Market  2018 Days Tax Year 2017
Units  3 Stories  2 Road Frontage  140
Annual Income  $0 Style  Apartment Building, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  6,524 Sqft Construction  No, Existing
Zoning   None Above Grade  6,524 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Dec 13th, 2020
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 1,550 SqFt, $1,300/Monthly Unit 2   2 Beds, 1 Baths, 816 SqFt, $850/Monthly
Unit 3   0 Beds, 1 Baths, 4,158 SqFt, $0/Mo
ConstructionWood Frame
BasementInterior, Concrete, Concrete Floor
Interior Features
Exterior Features
Exterior  Wood, Clapboard Disability Features  
Foundation  Concrete House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom Route 78, turn left onto Route 2. Travel about 1.5 miles into the village of Alburgh. Building is on the left "Beverage Mart".
Lot Description, City Lot, Curbing, Neighbor Business, Sidewalks
Garage & Parking  Yes, ,
Road Frontage  140 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  None
School District  Alburg School District Middle  Assigned
Elementary  Alburgh Community Ed. Center High  Choice
Heat Fuel  , Oil Excluded  
Heating/Cool  Central Air, Other, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Domestic Financing  
Cable Co   Documents  
Electric  200 Amp Tax ID  009-003-10993
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† The remarks published on this webpage originate from Listed By Michael Savage of via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.