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$2,295,000

For Sale

2 years ago

62 Cross St, Island Pond, VT

House

MLS® 4987850

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 640
Lot Size 
Approx. Age 2004
MLS® Number 4987850

Property Address: 62 Cross St, Island Pond, VT, 05846

Average square foot calculated using Size range provided by listing agent.

Description

Thriving retail hardware & lumber store, Gervais ACE Hardware, is offered for sale inclusive of real estate, business & goodwill, inventory (valued at approx. $803K), equipment, etc. This is an opportunity to own/operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and no competition within 20+ miles. Consisting of a storefront of over 10, 000 square feet of retail space, a 10, 000 square foot, two-story lumber warehouse, a 3-bed, 3-bath home/rental, 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 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 attached apartment units/single-family home. 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 qualified buyers with a signed NDA.
MLS® Number4987850
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2004
BasementConcrete Floor, Insulated, Interior Access, Partial, Storage Space, Interior Stairs, Unfinished
DrivewayOn-Site, On Street, Parking Spaces 11 - 20, Paved, Unassigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2024List Date
$2,295,000List Price
  • Commute

Commute

Starting Address
Destination Address
62 Cross St, Island Pond, VT

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