1035 US Route 5, Derby, VT 05829

$899,000
For Sale
Type: Commercial Sale Lot Size: 16.36 Acres
TODO: Documents

Property Details for 1035 US Route 5, Derby, VT 05829

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Property Overview

Provost Farms is a unique investment opportunity in the North East Kingdom. Ten acres of unused commercial land and the historic barn could easily be developed. The barn has great potential for an event venue with amazing post and beam features. The original farmhouse was renovated in 2012-2013 into 5 apartments and the separate workshop was renovated into 2 apartments. All new insulation, electricity, plumbing, heating, flooring, walls, septic system and drilled well. The original intricate woodwork, medallion ceiling, 16 inch Victorian floor boards and exposed beams have been preserved. There are two 4-stall carports with individual storage for bicycles, tires and all your winter toys. The extensive landscaping with lavish gardens, rolling hills and easy stroll to a beautiful stream and waterfall makes you feel miles away in a country setting yet it is only 2 miles to Derby, 7 miles to Newport, and 1.5 hours to both Burlington or Montreal. Excellent location to access the VT Association of Snow Travelers (VAST) trails, minutes from both Jay Peak and Burke Mountain for all year entertainment. The rental history is excellent with professional tenants mostly from the Border Patrol/Immigration community or visiting doctors and nurses. This is an amazing opportunity to own a piece of Derby history with viable income. One of the owners is a licensed VT Realtor. (See also MLS #4644597)
Courtesy Of Coldwell Banker Hickok and Boardman Realty

Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Amenities: RV Parking
  • Architecture Style: Other
  • Building Units: 7
  • Exterior Type: Vinyl Siding
  • Exterior Type: Aluminum Siding
  • Heating Fuel: Oil
  • Heating Fuel: Natural Gas
  • Heating System: Baseboard
  • Heating System: Hot Water
  • Heating System: Forced Air
  • Lot Size: 712641.6
  • MLSID: 4644938
  • Parking Spaces: 6
  • Parking Type: Assigned
  • Parking Type: Paved or Surfaced
  • Parking Type: Driveway
  • Parking Type: RV
  • Parking Type: Special Needs
  • Parking Type: Covered
  • Roof Type: Metal
  • Rooms: Basement
  • View Type: Hills

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Demographic Data for Derby, VT 05829

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HOUSEHOLD INCOME
$59K
MEDIAN AGE
48
OWNER OCCUPIED DWELLINGS
701
VACANT DWELLINGS
280
HOUSEHOLDS WITH CHILDREN
189
ETHNIC BACKGROUND
POPULATION
1,966
Population per Square Mile
77.2
Population Change Since 2000
4%
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The Commercial Sale property located at 1035 US Route 5, Derby, VT 05829 is currently for sale. 1035 US Route 5, Derby is listed for $899,000. If the property located at 1035 US Route 5, Derby, VT isn't what you're looking for, search Vermont commercial real estate to see other properties for sale or lease in Derby.