62 Cross Street Brighton, VT
$2,295,000
Acres 0.41
Description
Thriving retail hardware & lumber store, Gervais ACE Hardware is offered for sale and 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 virtually no competition within 20+ miles. Consisting of a storefront of over 10,000 square feet of retail space, in addition to a 10,000 square foot, two-story lumber warehouse 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 retail store 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 the attached apartment units. 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 well-qualified buyers with a signed NDA.
Listed by Jim Campbell Real Estate, Ryan Pronto & Luke Sykes
Details
MLS 4987850
Price $2,295,000
Status Active
DOM 276 days
Type Commercial
Lot Size 0.41 acres
Year Built 2004
Taxes Paid $18,886
Lot & Building Features
Utilities Cable - Available, Telephone At Site, Gas - LP/Bottle
Construction Metal Siding, Wood Frame, Vinyl Siding, Steel Frame
Cooling Other, Wall AC Units
Heating Baseboard, Radiant, Oil, Hot Water
Parking Description On Street, Unassigned, Paved, Parking Spaces 11 - 20, On-Site
Sewer Public
Tax Year 2024
Taxes Paid $18,886
Water Public
Basement Description Concrete Floor, Unfinished, Storage Space, Stairs - Interior, Partial, Interior Access, Insulated
Foundation Concrete, Stone, Slab - Concrete, Granite
Lot Description City Lot, Trail/Near Trail, Other, Neighbor Business, Near Snowmobile Trails, Near Railroad, Near ATV Trails, Lake View, In Town, Corner
Roof Membrane, Shingle - Asphalt, Other
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
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