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401 Longpoint Road, Ferrisburgh, VT 05473
$260,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3,064
sqft
Built in
1900
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 community 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 outbuilding 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).
Features & Amenities
Interior
- Basement:
- Unfinished
- A/C:
- None
- Heating:
- None
Exterior
- Parking:
- Detached
Construction
- Roofing:
- Shingle - Architectural
- General:
- 2, Block
Location
- Road/Access:
- Paved
- School District:
- Vergennes UHSD 5
- County:
- VT-Addison
Lot
- Driveway:
- Gravel
- Zoning:
- RES
Utilities
- Utilities:
- Cable - Available,Other
- Sewer:
- Septic
This listing courtesy of:
Listwithfreedom.com, Ralph M Harvey
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About North Ferrisburgh, VT
Housing
- Number of Units
- 411
- Median Home Value
- $311,203
- Median Rent
- $1,106
14.17% of housing units are renter occupied.
15.10% are vacant.
Commute
- Car
-
79.84%
- Public Transportation
-
0.11%
- Walk to Work
-
0.99%
- Work from Home
-
18.27%
- Other
-
0.72%
The median travel time to work is 25 minutes.
People
- Population
- 845
- Median Age
- 44.00
- Median Household Size
- 2.62
Education
- High School
-
20.90%
- Associate’s Degree
-
9.20%
- Bachelor’s Degree
-
33.50%
- Graduate Degree
-
18.69%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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