401 Longpoint
Ferrisburgh, VT 05473
- – beds
- – baths
- 3,064 sqft
- ~1/2 acre lot
- $84 per sqft
- 1900 build
- – on site
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).
Last checked:
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Last updated Mar 22, 2024
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MLS# 4988970 —
Monthly cost estimate
Asking price
$260,000
| Expense | Monthly cost |
|---|---|
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,392
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| Taxes | $208 |
| Insurance | $71 |
| Utilities | N/A |
| Total | $1,671/mo.* |
| *This is an estimate |
Walk Score®
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Bike Score®
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/22/24
Mar 22, 2024
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Listed / Active | PRIME_MLS | $260,000 | |
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2/29/16
Feb 29, 2016
|
Price Changed | PRIME_MLS | ||
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1/28/16
Jan 28, 2016
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Sold | PRIME_MLS |