Approximately 830 sf street-level space, with great exposure at primary intersection in downtown South Royalton, across the street from Vermont Law School and overlooking the village green. Formerly the dining room for restaurant/bar/pizza shops in more recent years, but, may have other suitable uses; some tables, chairs, booths on premises. Proximity to the Law School is a big bonus. Tenant to pay heat and electric based on square footage proration.
Centrally located, in the picturesque village of South Royalton, is a building lot with multifaceted potential! The desirable attributes of both the ability for connection to the municipal sewer and connection to the municipal water system could present the opportunity for multi-unit residential construction! An extensive level lawn area makes visualizing prospective building sites a simple process. With the parcel being so conveniently situated just off the Village Green, residents on the property would enjoy that within walking distance are the well known Vermont Law and Graduate School as are the amenities of dining, shopping and post office. Historically, there has been a steady demand for housing within the South Royalton Village area. Currently, there is strong demand for housing extending throughout the entire county! Though this parcel is particularly well suited for multi-unit construction, it is equally an excellent candidate as a conveniently located village building lot for a single family residence. The attractive lawn area could provide space for gardening and outdoor recreation. Commercial use of the property is a yet another option! The combination of easy level access to the property and a location nearby to the well known Village Green enhance commercial viability. A building lot with a prime location! The advantages of municipal utilities and easy level access! Potential for commercial use! Level walking to access village amenities! Unlimited potential!
The median home value in Royalton, VT is $450,000. This is higher than the county median home value of $334,800. The national median home value is $338,100. The average price of homes sold in Royalton, VT is $450,000. Approximately 58.27% of Royalton homes are owned, compared to 12.96% rented, while 28.77% are vacant. Royalton 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 Royalton real estate agent to arrange a tour today!
Royalton, Vermont has a population of 2,755. Royalton is more family-centric than the surrounding county with 28.38% of the households containing married families with children. The county average for households married with children is 26.01%.
The median household income in Royalton, Vermont is $67,000. The median household income for the surrounding county is $63,787 compared to the national median of $69,021. The median age of people living in Royalton is 44.2 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 5.2 degrees. The average rainfall is approximately 44.1 inches per year, with 76.8 inches of snow per year.