60-62 Main Street Middlebury, Vermont 05753 MLS# 5022266

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For Sale Status

$699,000 List Price

Multi Type

0 Beds

0 Baths

4,506 Sqft

Listed By k. Cory Foote of BHHS Vermont Realty Group/Vergennes
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Addison County

60-62 Main Street
60-62 Main Street
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60-62 Main Street
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60-62 Main Street
60-62 Main Street
60-62 Main Street

OWN A PIECE OF HISTORY ON MAIN STREET IN MIDDLEBURY! Commercial building in the heart of downtown Middlebury comprises a vibrant retail store, Buy Again Alley, an architect's office, a one bedroom apartment, two studio apartments, and a space opening onto Frog Alley in the rear that has been used as an office and retail space. With nearly 5,000 square feet, the options are numerous. Renovation will be needed. Superb location in the midst of a thriving business district with Middlebury College less than a quarter mile away. This is a building worthy of significant investment for a lifetime of income. Potential to increase the number of residential units.

Property Location

60-62 Main Street Middlebury

Property Details

List Price  699,000 Bedrooms  0 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  0 Year Built  1900
MLS#  5022266 Lot Size  0.04 Acres Taxes $15,115
Type  Multi-Family Days on Market  25 Days Tax Year 2024
Units  6 Stories  2 Road Frontage  
Annual Income  $65,700 Style   Water Frontage  
Annual Expenses  $0 Finished  4,506 Sqft Construction  No, Existing
Zoning   Commercial Above Grade  3,306 Sqft Seasonal  No
Total Rooms  0 Below Grade  1,200 Sqft List Date  Nov 15th, 2024
Gross Income  $65,700 Operating Expenses  $0 Net Income  $32,000
Expenses Includes 
Construction
BasementWalkout, Partially Finished, Interior Stairs, Full, Walkout
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Stone, Stone House Color  
Floors   Building Certifications  
Roof  Flat HERS Index  
DirectionsFrom Route 7, head west on Main Street in Middlebury. Buy Again Alley occupies the street level rental.
Lot Description
Garage & Parking  No
Road Frontage   Water Access  
Driveway  None Water Type  
Flood Zone  Unknown Water Body  
Zoning  Commercial
School District  Addison Central Middle  Middlebury Union Middle #3
Elementary  Mary Hogan School High  Middlebury Senior UHSD #3
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Steam Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Comcast Documents  
Electric  Circuit Breaker Tax ID  387-120-10966
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† The remarks published on this webpage originate from Listed By k. Cory Foote of BHHS Vermont Realty Group/Vergennes 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.