Randolph VT Commercial for Sale
$1,350,000
3722 Route 14S Randolph, VT 05061
- Type:
- Other
- Sq.Ft.:
- 1,396
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 109 Acres
- Year built:
- 2019
- Baths:
- MLS#:
- 5008986
ADDITIONAL INFORMATION
Fantastic income opportunity! This 109+/- acre parcel has 7 subdivided lots and is run as a cabin and tiny home AirBnB community. Currently 4 park model cabins, 1 tiny home, 1 yurt and 2 camp platforms producing a gross of about $156,000 per year (2024 estimate). Two undeveloped lots, one with a 2- bedroom septic permit and the other with soils showing substantial additional capacity. If these and the yurt lot had single park models, gross income may be well over $200,000 per year. Over 4000â?? of excellent roads, driveways, water lines, ECFiber, and DSL lines. Community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and lots of wooded uplands. Would be a great place for a retirement home on the upper lot with long distance views while managing the AirBnB community. Installed septic sites have not been maxed out, so there is room for organic growth on the existing systems. Currently owner managed and they are willing to teach new owners the ins and outs of the property. Up to date state and town permits, fully surveyed, utility drawings, and the engineer who designed everything is sill working and available for expansion. Future owner may take advantage of further subdivision. Future owner may also sell the lots independently. So much potential for expansion of cabins, campers, building lot or excellent just as it is.
$299,000
10 Prince Street Randolph, VT 05060
- Type:
- Other
- Sq.Ft.:
- 6,833
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 4.57 Acres
- Year built:
- 1820
- Baths:
- MLS#:
- 4967930
ADDITIONAL INFORMATION
Investors, entrepreneurs, and restauranteurs take notice! Nearly 7000 ft.² of opportunity awaits at 10 Prince St. This is an incredible opportunity to own a turn-key restaurant with potential for expansion of the space. Currently known as The Forge, this restaurant and bar is looking for a new entrepreneur! Wonderful ambience, room for 85 seats as it is currently setup, a stage for live music or comedy, and plenty of parking and outdoor seating. All restaurant equipment and furniture will convey with the sale. The east side of the building has a newly poured concrete slab â?? ready to either add additional seating to the restaurant or perhaps utilize as a separate space in a whole new way. The opportunities are endless. Take advantage of Randolphâ??s buzzing food scene and put your creative spin on this space!
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Randolph Real Estate
The median home value in Randolph, VT is $385,500. This is higher than the county median home value of $274,400. The national median home value is $338,100. The average price of homes sold in Randolph, VT is $385,500. Approximately 62.49% of Randolph homes are owned, compared to 25.44% rented, while 12.07% are vacant. Randolph 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 Randolph real estate agent to arrange a tour today!
Randolph, Vermont has a population of 4,777. Randolph is more family-centric than the surrounding county with 29.14% of the households containing married families with children. The county average for households married with children is 25.82%.
The median household income in Randolph, Vermont is $70,000. The median household income for the surrounding county is $67,906 compared to the national median of $69,021. The median age of people living in Randolph is 40.1 years.
Randolph Weather
The average high temperature in July is 77.9 degrees, with an average low temperature in January of 5.1 degrees. The average rainfall is approximately 44.4 inches per year, with 94.6 inches of snow per year.