524 US Route 7 South · Milton · Under Contract

Commercial Industrial Opportunity
Price:$575,000
Address:524 US Route 7 South
 Milton, VT 05468
Use:Commercial, retail, industrial, manufacturing, storage
Type:Under Contract
Size:23,951 SF in multiple buildings on 1.94 +/- Acres
Available:Immediately
Parking:Ample on-site

Description:

Formerly the home of Milton Building Supply, this property offers over 23,000 SF of retail, warehouse and storage space on 1.94 acres. Current layout is approximately 13,851 SF in front retail building -7,909 +/- SF of showroom and5,942 +/- SF drive-through warehouse. A second structure boasts an additional 10,080 +/-SF of double-drive through racking storage. 150’ of Route 7 frontage with a traffic count of 12,500 vehicles per day, as well 252’ of additional frontage at the back of the property. Great signage and ample parking. Don’t miss out on this great investment, development and/or business opportunity!

Located only 3 miles from Interstate I89, the front of the store has high visibility and easy access from Route 7. A back exit of the property makes it especially convenient for receiving & dispatching delivery trucks. The front entrance opens into a large retail area with two offices, a storage room, mechanical room and building supply area. The storage/receiving area has an exterior garage door. The attached warehouse wraps around the majority of the retail structure. Two drive-in doors are located opposite one another creating a drive-through allowing easy access from the warehouse into the lumber yard. A third drive-in is located on the south side. A warehouse mezzanine of approximately 1,000 square feet is also located in this area. The detached double drive-thru lumber storage building is located in the back of the property.

Improvements made:
2010 – Vinyl Siding
2010 – Windows, Store Front Entry Door, Warehouse Garage Doors
2010 – Natural Gas Hot Air Furnace
2010 – Energy efficient lighting
Other Features:
– ceiling height in 80% of retail area is 13ft, remaining area is 11-12ft
– property has deeded rights to free water from adjacent property well
– property has deeded easement on south side of building allowing access to back yard
– on-site septic
– connection to Town sewer is available
– attic storage space over retail area


Location Map