$260,000 Price Analysis    ♡   Ferrisburgh, VT 05473 0 bed 0 bath 3,064 SqFt ($84/SqFt) 0.5 acre lot. Built 1900 Listed 2024-03-22, Taxes $2,614 | Ⓧ Possibly USDA Ineligible due to property condition near Ferrisburgh |
Large turn of the century post and beam building and two outbuildings
On flat one half acre Industrial (IND-2) district zoned lot on No Outlet road down to the Long Point Corp. summer communty on lake Champlain. Formerly a Country Store on first floor with owner's three bedroom apartment on second floor with unobstructed views of corn fields to the south and lovely views to the west from the screened in second floor porch. The main building and the two outbuildings have been structurally repaired and all have new roof systems. The interiors have been gutted and are a blank canvas. The property includes a drilled well and a 1, 000 gallon concrete septic tank and leach field.
The main building has a large attic and a poured concrete foundation and concrete cellar floor slab. The two bay garage o utbuilding has a stand up second floor and could be easily converted into a two bedroom cottage. The property has been gutted and is ready for renovation and many opportunities abound with this commercial location for potential Cannabis manufacturing/retail, restaurant, antique shop or other specialty business with owner's residence and multi-unit rental potential. For the savvy investor this property is a perfect candidate for several grants available through the Vermont Housing Improvement (VHIP) program and the VHIP addendum for the Healthy Homes Initiatives (VHIP-HHI).
Presented by Ralph Harvey at
Listwithfreedom.Com, Inc.
Property MLS #4988970 from PrimeMLS
Garage Spaces: 2
Garage Features: Yes
Parking Features: Parking: Detached
Lot Size Square Feet: 21780
High School: Vergennes UHSD #5
Middle School: Vergennes UHSD #5
School District: Vergennes UHSD 5
Map directions Map directionsSource Listing Status: Active
County: VT-Addison
Directions: From the Mobil Gas Station on Route 7 in North Ferrisburgh go west on Stage Road to Greenbush Road. Bear left on Greenbush Road. Bear Right on Long Point Road. Property is approx. 1 mile on left at 401 long Point Road.
Tax Year: 2022
Source Property Type: Residential
Area: North Ferrisburgh
Source Neighborhood: North Ferrisburgh
Zoning: RES
Timeshare: No
Property Subtype: Single Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $71,400 + $61,200 $132,600 | $2,614 |
| 2020 | $71,400 + $61,200 $132,600 | $2,571 |
| 2019 | $71,400 + $61,200 $132,600 | $2,482 |
| 2018 | $67,800 + $61,200 $129,000 | $2,360 |
| 2017 | $67,800 + $61,200 $129,000 | $2,232 |
| 2016 | $67,800 + $61,200 $129,000 | $2,243 |
| 2015 | $248,200 + $61,200 $309,400 | $unknown |
| 2015 | $248,200 + $61,200 $309,400 | $5,451 |
| 2014 | $248,200 + $61,200 $309,400 | $unknown |
| 2012 | $241,900 + $69,700 $311,600 | $5,071 |
| 2011 | $241,900 + $69,700 $311,600 | $5,401 |
$260,000
PrimeMLS
Sold 2016-02-01
$66,500
Public Record
Listing removed 2015-12-23
$69,900
PrimeMLS
Listed 2015-11-13
$81,000
PrimeMLS
Year Built: 1900
Above Grade Finished Area: 3064
Construction Materials: Wood Frame, Wood Siding
Foundation Details: Block
Property Age: 124
Property Condition: Existing
Roof: Shingle - Architectural
Levels or Stories: 2
Total Area Sqft: 3064
Architectural Style: Historic Vintage
Sewer: Septic
Cable - Available
Water Source: Drilled Well, Private
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.