Large turn of the century post and beam building, and two outbuildings, on flat one half acre Industrial (IND-2) district zoned lot on "No Outlet" road down to the Long Point Corp. summer community on lake Champlain. Formerly a Country Store on first floor with owner's three bedroom apartment on second floor with unobstructed views of corn fields to the south and lovely views to the west from the screened in second floor porch. The main building and the two outbuildings have been structurally repaired, and all have new roof systems. The interiors have been gutted and are a blank canvas. The property includes a drilled well and a 1,000 gallon concrete septic tank and leach field. The main building has a large attic and a poured concrete foundation and concrete cellar floor slab. The two bay garage outbuilding has a stand up second floor and could be easily converted into a two bedroom cottage. The property has been gutted and is ready for renovation and many opportunities abound with this commercial location for potential Cannabis manufacturing/retail, restaurant, antique shop or other specialty business with owner's residence and multi-unit rental potential. For the savvy investor this property is a perfect candidate for several grants available through the Vermont Housing Improvement (VHIP) program and the VHIP addendum for the Healthy Homes Initiatives (VHIP-HHI).
4988970
Single Family, 2 Story
VT-Addison
1900
0.5
Acres
Well, Private
2
Wood
Septic Tank
3,064
Sq. Ft.
Yes
- 2
spaces
School Information
Vergennes UHSD 5
Ferrisburgh Central School
Vergennes UHSD #5
Vergennes UHSD #5
Interior Features
- Square FootageAbove (approx)
- 3,064 Sq. Ft. Above Ground. Sq. Ft. Below Ground.
- Heating
- Other. None.
- Basement
- Finished, Unfinished
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 2 Parking Spaces. Gravel.
- Exterior
- Wood
- Roof
- Shingle
- Zoning
- RES
- Additional Exterior/Lot Features
- Level.
Auctioneer Information
From the Mobil Gas Station on Route 7 in North Ferrisburgh go west on Stage Road to Greenbush Road. Bear left on Greenbush Road. Bear Right on Long Point Road. Property is approx. 1 mile on left at 401 long Point Road.
Financial Considerations
$2,497
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