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Listed By Kevin S Casey Coldwell Banker Hickok & Boardman / E. Montpelier Cell: 802-272-3266
$ 429,000
Est. payment /mo
Under Contract
78 Vermont Route 15W Morristown, VT 05661-8595
0.7 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 5107255
Annual Tax Amount $13,846
Tax Year 2025
Lot Size 0.700 Acres
Acres 0.7
Property Description
THE OFFERING 78 Vermont Route 15 West is a 2,015-square-foot, single-story brick office building on a 0.70-acre corner parcel at the Route 15/Route 100 roundabout - the commercial gateway to Morrisville and one of the highest-traffic intersections in Lamoille County. The building is 100% occupied by NFP Property & Casualty Services, Inc., which recently extended through July 31, 2029 at 3.0% annual escalations. The offering suits a passive investor seeking in-place income from a nationally-backed tenant, or an owner-user positioning for occupancy at expiration.
Location
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning Comm
Interior
Inclusions Land/Building
Exterior
Utilities Available Cable Available, Propane, Telephone Available
Building
Lot Description Leased, Level
Sewer Public
Water Public
