Tremendous commercial investment opportunity in historic Castleton Village! Turn-key commercial real estate ready to occupy for immediate operation or as a development opportunity, you decide! Large spacious rooms. First time offered. PRICED TO SELL! Don’t miss this unique opportunity to own an establishment in the heart of western Rutland County. Proximity to dining in the area, Lake Bomoseen, Castleton University, Amtrak rail service, many other Town attractions, and affords easy access from the Route 4 Interstate.
The Towns of Castleton and Hubbardton hereby officially place the former Castleton Village School located at 47 Mechanic Street for sale. The sale includes an approximately 22,000/ft2 building and approximately 1-acre of land. The building is serviced by municipal sewer and drinking water through a local fire district. It is primarily a brick and concrete block structure. Buyer must consider leasing a portion of the building to the Town of Castleton & Hubbardton for municipal use. The amount of space determined for lease is negotiable.
The asking price of the building and land is $660,000. The building is currently vacant and available for immediate occupancy. It is heated by a heating oil fired boiler and has a 10,000-gallon underground storage tank that was recently tested for leaks and passed the inspection. A building appraisal and building inspection are available upon request.
24 VSA §1061 requires that the Towns of Castleton and Hubbardton provide notice of its intent to convey real estate at least 30 days prior to the transfer of said real estate.
Call today to inquire about this amazing opportunity and schedule your tour! Point of contact is Castleton Town Manager, Michael Jones, at (802) 468-5319, ext., 203 or Karen Stewart at ext., 202.
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