Rare commercial property with two hundred feet of frontage on Route 100 in Warren, in the beautiful Mad River Valley minutes from Sugarbush Resort. This property works for an owner/operator or an investor. The property should rent for at least $3,000 per month, triple net (prior tenant paid $2,800 per month, which was not raised in over five years). While this area is zoned residential, this property is grandfathered for vehicle sales and repair. Town would consider other uses with comparable impact, such as property management (which was recently approved on a similar property). Lot size is .6 acres and consists of two buildings and a large paved lot. Thereâ??s a small building, generally used as an office, measuring 432 square feet and containing a three quarter bath and a storage room. A separate garage building is 875 square feet and includes a two post automotive lift and an air compressor. Both buildings are heated with propane and are air conditioned. The buildings were originally built around 1980 but were completely rebuilt and extensively insulated in 2002, including new walls inside and out (exterior siding is cedar), new roofs, new plumbing, new wiring including breaker panels, and several exterior lights on light sensors and motion detectors. The property is in excellent condition having just been repainted inside and out. Owner is related to real estate broker.
Over 3,400 square feet of possibilities in the center of Warren Village. Major work done by the current owner has included exterior siding, a large stone wall, gutting most of the interior, spray foam insulation, radiant floor plumbing, two wood fireplaces, one on the main floor, another on the second floor. Now an exalted great room waiting for your dream layout, this historical treasure waits the magic touch and architect. Outstanding work to date performed by W. Phillips Co whose workshop is conveniently in Warren Village. A nearly blank slate; once you've converted to at least five bedroom single family home with ample town septic capacity, a home with an apartment, a creative business or home based business, this diamond will shine shine shine. How often can you find all this, with so many options in a commercial zone to choose from, in the very center of one of Vermont's most storied villages? Look no farther, roll up your sleeves and make your mark. Cobblestones just off your front lawn, the Warren Store and Pitcher Inn a stone's throw, the Mad River in the canyon below, it doesn't get much better.
The median home value in Warren, VT is $434,000. This is higher than the county median home value of $328,700. The national median home value is $338,100. The average price of homes sold in Warren, VT is $434,000. Approximately 42.68% of Warren homes are owned, compared to 16.2% rented, while 41.11% are vacant. Warren 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 Warren real estate agent to arrange a tour today!
Warren, Vermont has a population of 1,632. Warren is more family-centric than the surrounding county with 29.12% of the households containing married families with children. The county average for households married with children is 25.52%.
The median household income in Warren, Vermont is $66,136. The median household income for the surrounding county is $70,128 compared to the national median of $69,021. The median age of people living in Warren is 52.2 years.
The average high temperature in July is 77.6 degrees, with an average low temperature in January of 6.2 degrees. The average rainfall is approximately 47.8 inches per year, with 112 inches of snow per year.