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Commercial > Other
Active
05/17/2022
List Price
$800,000

368 River St
Springfield, VT 05156

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    • -
      Bed
    • -
      Bath
    • 19,500
      ft²
      Living Area
    • 1.1
      ac
      Lot Size
    • -
      Pool
    • -
      Car
    • 1986
      Year Built
    • 1,169
      DOM
    • -
      Permit
    Malobo BannerMalobo Banner Square
    368 River St, Springfield, VT 05156 is a 19,500 ft² property built in 1986 on a 1.120 acre lot. This property is currently for sale for $800,000.

      MLS Description

      The listing agent's description. Original Listing

      GREAT INVESTMENT PACKAGE--100% occupancy, recent needed siding work and HVAC upgrades completed, good condition, low maintenance (roof replaced 2018-19), town water and sewer, great parking, with potential for additional income. This 1-story building currently offers 12 office/retail units, plus 38 storage units at the basement level. Net income based on 2024 income and expenses approx. $104,960, projected to be higher in 2025 due to full occupancy. Basement has a drive-in, garage door access, with room to add additional storage units. Building has a truss roof frame, which would allow floorplan alterations if needed. With room for additional basement storage units, it makes this investment prospect even more attractive. Leases are a mix of partial net and gross rents. Tenants are a mix of primarily professional offices. There are 10 propane-fired HVAC units and 9 total electric services, but not all zoned specifically for individual units, as the floorplan has changed over time. Seller will consider only PREQUALIFIED OR APPROVED BUYERS, and buyers should be prepared to offer a satisfactory financial statement/proof of funds.

      Listing Agents

      The listing agent for 368 River St is William Johnson.

        WJ

        William Johnson

        Big Green Real Estate

        Phone: (603) 643-3942

      Current Ownership

      Information about the current owner(s).

      • Taxes Billed

        Taxes billed in 2022$16,516.00
        From latest Total Assessed Value3.23%
        Total Assessed Value$511,800
        =
        Land
        Assessed Value        $85,500
        +
        Additions
        Assessed Value        $426,300

        • In 2022, taxes billed for 368 River St were $16,516, which is 3.23% from latest Total Assessed Value of $511,800.

      Property History

      368 River St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

      Property Events

      Environment

      Environmental factors around 368 River St

      • Hazard Risks

        Wind
        194
        Nat'l Avg
        100
        Carb Mono
        93
        Ozone
        90
        Particulates
        90
        Hurricane
        85
        Air Pollution
        83
        Earthquake
        68
        Weather
        61
        Hail
        51
        Lead
        46
        Tornado
        16

        • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 368 River St.

        Walkability Index

        9 /20

        Car Dependent

        Most Walkable

        20-18

        Very Walkable

        17-15

        Somewhat Walkable

        14-10

        Car Dependent

        9-0

        368 River St has a walkability score of 9 out of 20, which means that it is in a car dependent area.

        Temperature

        Seasonal temperature sampled over multiple years

        Winter
        Average

        21 °F

        Low

        11°F

        High

        31°F

        Summer
        Average

        66 °F

        Low

        53°F

        High

        78°F

        In the winter at 368 River St, temperatures range from 10.68°F to 31.24°F with an average of 20.96°F. In the summer, the temperature ranges from 53.11°F to 78.03°F with and average of 65.57°F.

      School Information

      Public/private schools serving 368 River St

        Public Schools

        Union Street Elementary School
        Grades: 3-5
        2.05  mi
        D-
        Springfield High School
        Grades: 9-12
        3.14  mi
        D-
        Elm Hill School
        Grades: KG-2
        1.56  mi
        Riverside Middle School
        Grades: 6-8
        1.32  mi
        D
        * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

        Nearby public schools serving 368 River St have ratings undefined, undefined, undefined, and undefined.

      Neighborhood

      This property is located in 05156.

        Crime Index for 05156

        112

        Above national average
        112

        The crime index in 05156 is 112, which is 1.1 times higher than national average.

      • Seasonal Housing units 05156

        11%

        of housing is for seasonal rent.

        Daytime Population for 05156

        -7%

        of people during work hours.

      Market Trends

      Historical market data near 368 River St over selected time period.

      Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

      Nearby Properties on River St

      USAVTWindsor CountySpringfieldRiver St