30 Precision Drive · North Springfield · For Sale

48,912 +/- SF Industrial Building on 19 Acres, For Sale with Partial Leaseback
Price:$2,100,000 w/ est. taxes $61,904.48 for FY 2024
Address:30 Precision Drive
 North Springfield, VT 05150
Use:Zoned Industrial
Type:For Sale
Size:48,812 SF on 19.0 +/- acres
Available:Immediately
Parking:Ample, on-site

Description:

VT Commercial is pleased to offer 30 Precision Drive, North Springfield, VT for sale with the potential for a partial leaseback. Built in 1994 and expanded in 2006, this 48,812 SF industrial property is situated on 19 level acres, 7 acres of which are fully fenced-in with gated access and which are partially paved. The building is comprised of 5,501 SF of newly renovated office space, and 43,311 SF of industrial/ warehouse/ manufacturing space. The Seller of this well-maintained property would look to leaseback approximately 28,000 SF for a 5-year term, if amenable to Purchaser. The property is conveniently located in Precision Industrial Park with easy access via I-91. This location is within a qualified census tract, and is designated as both an Opportunity Zone, and an authorized HUB Zone Area. Additionally, Hartness Field (VTF), a State of Vermont airport, is one mile away. Property is climate- controlled throughout all areas.

3000 Amps, 480v/3-Phase power; clear height 23′-30′; wet sprinkler system throughout the facility; 22′-25′ clear span construction; 6 drive-in doors, 2 docks with levelers; 7″ thick concrete slab throughout; no functional obsolescence observed; propane tank farm provides fuel, outbuildings include former solvent shed and pole barn.


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