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Listed price in listed location currency (USD).
$325,000

000

MLS® 5106946

Overview

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $4,798
Days Active 8
Lot Size 1 Acres
Approx. Age 
MLS® Number 5106946

Property Address: 89 Ferry Rd, Charlotte, VT, 05445-9621

Average square foot calculated using Size range provided by listing agent.

Description

A unique redevelopment opportunity in the heart of Charlotte Village. Situated on approximately one acre next to the Charlotte Town Offices and Library, 89 Ferry Road offers a highly visible village location with prior due diligence completed for potential commercial and mixed-use redevelopment. The property currently includes an older 2-bedroom home and detached garage. The property is being marketed primarily for its land value and redevelopment potential. The seller previously engaged Civil Engineering Associates to prepare a conceptual redevelopment plan for a 3, 500-square-foot retail building with a one-bedroom apartment. The project progressed through sketch-plan review with the Town of Charlotte, and supporting engineering, wetland and wastewater materials are available for review. The property is identified in Town records as being within the Village Commercial District. Prior Town review found retail and residential uses permitted under the regulations applicable to the proposal at that time. Approximately two-thirds of the parcel contains Class II wetlands, and prior wetland delineation and engineering work have been completed. An existing drilled well serves the property, and the seller also pursued preliminary municipal sewer allocation as part of the proposed redevelopment. An intriguing opportunity for a buyer looking for a well-located commercial, mixed-use or village redevelopment project in central Charlotte.
MLS® Number5106946
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

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