Listing Provided Courtesy Of:
Terri Edgerley with Beeman Real Estate, LLC.
540 VT Route 15 Morristown, VT
$ 459,000
Property Attributes
  • MLS#4826023
  • TypeCommercial
  • CountyLAMOILLE
  • CityMorristown
  • AreaLamoille
  • Zip05661
  • StyleBusiness,Investment,Office,Opportunity
  • Year Built1975
  • Taxes$ 7181
  • Price$ 459,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3859
  • Lot Size1.1 Acres
Listing Provided Courtesy Of:
Terri Edgerley with Beeman Real Estate, LLC.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

Amazing business and real estate opportunity! The real estate is a 4 unit office building on 1.10+/- acres in the commercial/industrial district of Morrisville. Two businesses are not included in the sale, included 499K; Sunshine Club Tanning and 'My Time Gym' a private gym with updated equipment. The lower portion of the building is rented by a long term business for income security. There are two other office spaces on the second level with a shared bathroom, currently vacant. The tanning salon is a 7 room bed potential with private bath. The gym has a private entrance with a common area for both businesses if buyer wants to keep them integrated, featuring two bathrooms and a staff break room. The building is suitable for business change. Upstairs will be ideal for a real estate company, massage, therapy office or even retail! Located directly off Route 15, traffic and walk in business is ideal with major road frontage. TONS of parking, 20+ cars at one time easily on-site. So much potential profit in the real estate of the sale and the business is a thriving, locally loved gym and tanning salon! This incredible opportunity is ready for its new owner to make these businesses grow into a successful, high demand pillar in the Morristown community! Gym and tanning salon purchased separately, 20K each, sold before the real estate. This is a turn key business and beautiful building at an amazing price. Tax records and profit & loss statements available to qualified buyers!

Price History
9/1/2020 Listed $479,000
5/25/2021 6% - $454,000

General Features

Area Description Commercial Zoning, Near Shopping
Basement Yes
Construction Wood Frame
Features - Accessibility Access Parking, Access Restrooms
Features - Commercial Additional Outbuildings, Furniture Included, Inventory Included, Public Restrooms, Smoke/Heat Detectors, In-Unit Bathroom
Flood Zone No
Listing Area VT-Lamoille
Parking Driveway, On-Site, Unpaved
Price Per Sq Ft 118.94
Road Frontage Yes
Roof Shingle - Architectural
Sewer Septic
Status Active
Tax Year 2020
Utilities DSL - Available, High Speed Intrnt -Avail, Multi Phone Lines
Water Public
Year Built 1975
Zoning Commercial/Res

Interior Features

Basement Access Type Walkout
Basement Description Concrete, Daylight, Finished, Insulated, Storage - Assigned, Walkout, Exterior Access
Gas - Natural Available No

Exterior Features

Exterior Clapboard, Shake
Foundation Concrete
Lot Description Landscaped, Level, Major Road Frontage, Neighbor Business
Lot Size Area 1.1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 05661

Statistics provided by Inside Real Estate

AVG $680K
AVG $8,023
AVG 15
Year Built
AVG 1972

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