For Sale
$2,295,000

62 Cross St Brighton, VT 05846

Profitable ACE Hardware, Lake Views, 4 Units

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity encompasses a thriving Gervais ACE Hardware franchise, a substantial retail and lumber operation, and four income-generating residential rental units. The property, located at 62 Cross Street in Brighton, VT, boasts a total of 23,000 square feet on a 0.41-acre lot. The main retail storefront exceeds 10,000 square feet, showcasing a wide array of products including hardware, plumbing supplies, electrical components, tools, sporting goods, and automotive/marine supplies. A 10,000 square foot, two-story lumber warehouse provides ample storage and operational space, complemented by cantilever racking. The property also features four on-site residential rental units, providing additional income streams. The building itself is constructed with a metal frame and includes a second-floor office space, a convenient loading area with an overhead door, a 27,000 BTU AC system, and a 16kW emergency backup generator. Significant recent improvements include a new TPO roofing system installed in 2020, carrying a 20-year warranty, and interior renovations to the apartment units. The business offers various services such as local delivery, key cutting, and paint matching, fostering strong customer loyalty within the community. With abundant parking and a picturesque lake view, this established business has served the Brighton and Essex County areas for over 25 years, enjoying a virtual monopoly within a 20+ mile radius. The sale includes real estate, business, goodwill, and an inventory valued at approximately $803,000. Detailed financial information and additional property features are available upon request to qualified buyers with a signed NDA. Priced at $2,295,000.

Property Details for 62 Cross St

Property type
Commercial real estate
Square Feet
23,000 SF
Year Built
2004
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Brighton
County
Essex
State
Vermont
Latitude
44.81421
Longitude
-71.88135

FAQs

What type of property is this?
Commercial real estate - Profitable ACE Hardware, Lake Views, 4 Units
Where is the commercial real estate located?
The property is located at 62 Cross St Brighton, VT.
What is the asking price?
The asking price for this property is $2,295,000.
How can I contact the broker?
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62 Cross St
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