Peru VT Commercial for Sale
$434,000
3776 VT Route 11 Peru, VT 05152
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.49 Acres
- Baths:
- MLS#:
- 4956813
ADDITIONAL INFORMATION
The buyer of this property would net a CAP RATE OF 6.5%. The well-known Bromley Market property is offered for sale for the first time since 2010. For decades, this freestanding building on the east-west stretch of Route 11 between Londonderry and Manchester has been a convenient stop for travelers and a regular coffee/lunch spot for locals. With Bromley Mountain less than a 2-minute drive and Stratton 13 miles away, this location is highly visible, with traffic counts of over 5K vehicles per day. The first-floor commercial space features a charming country market leased through July 2027. The market currently offers takeaway and prepared food, a 12-seat dining area, a convenience store and a 2-pump gas station. The Bromley Market name transfers with the property. The 2nd floor includes a freshly renovated 1-bedroom apartment with a separate covered stairway entrance & room for expansion. Electric is metered separately for the apartment. This is an opportunity for employee housing at the base of Bromley Mountain. For an investor interested in a diversified investment property, zoning for this existing property allows for additional uses: retail, office space, or conversion to a 5-bedroom residential property. Light industrial may be an option with the Town of Peru input. Septic permitted and replaced in 2022. Building financials upon request. Take a look at the newly renovated 2nd-floor apartment!
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Peru Real Estate
The median home value in Peru, VT is $477,500. This is higher than the county median home value of $315,000. The national median home value is $338,100. The average price of homes sold in Peru, VT is $477,500. Approximately 21.89% of Peru homes are owned, compared to 2.4% rented, while 75.71% are vacant. Peru real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Peru real estate agent to arrange a tour today!
Peru, Vermont has a population of 457. Peru is less family-centric than the surrounding county with 20% of the households containing married families with children. The county average for households married with children is 22.94%.
The median household income in Peru, Vermont is $108,182. The median household income for the surrounding county is $63,448 compared to the national median of $69,021. The median age of people living in Peru is 50 years.
Peru Weather
The average high temperature in July is 79 degrees, with an average low temperature in January of 8.8 degrees. The average rainfall is approximately 50.9 inches per year, with 105 inches of snow per year.