MLS Number 4715525
- Year Built 2007
- Acreage 14.8
Stowe's premier commercial building with expansion and addition development possibilities. CAP Rate 8.4% with 14.8 acres!! Excellent visibility from VT Route 100 in Stowe. Building was constructed in 2007, in the Greek Revival style, by Gordon Dixon. Building has an elevator. Build has sprinklers. Shows as new. Beautiful views to Camel's Hump from the offices. (3) floors of office space with elevator access. (22) parking spaces. Ground floor has kitchen and 3/4 bath. Palmer Building has sprinkler system and Town water. Development possibilities exist: High visibility area for development is on Route 100. Existing on site oversized septic system with 780 GPD available capacity. Of the 780 GPD capacity 405 GPD is allocated for Palmer Building with (30) employees and the remaining capacity transfers with the property. The entire 14.8 acre parcel totals 644,000 sq' providing excellent opportunity for a mixed use development, given Stowe Zoning standards.
Listed by George Bambara of Pall Spera Company Realtors-Stowe Village