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Listed by Ryan Pronto • Jim Campbell Real Estate
$2,295,000
Est. payment /mo
24,908 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 24,908 sqft
Price per Sqft $92
MLS Listing ID 4987850
Year Built 2004
Annual Tax Amount $32,451
Tax Year 2025
Lot Size 0.590 Acres
Acres 0.59
Property Description
Thriving retail hardware & lumber store, Gervais ACE Hardware, is offered for sale inclusive of real estate, business & goodwill, inventory (valued at approx. $803K), equipment, etc. This is an opportunity to own/operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and no competition within 20+ miles. Consisting of a storefront of over 10,000 square feet of retail space, a 10,000 square foot, two-story lumber warehouse, a 3-bed, 3-bath home/rental, and four, income-producing, residential rental units on-site. Gervais ACE Hardware sells products ranging from hardware, plumbing, electrical, tools, sporting goods, automotive/marine supplies, and more. This business also offers a variety of services to customers such as local delivery of lumber/building materials, key-cutting, and paint matching. Features include metal frame construction, cantilever racking in outbuildings/warehouse, second-floor office space, loading area with overhead door, 27,000 BTU AC system, and 16kW emergency backup generator. Recent updates include a new TPO roofing system installed in 2020 (20 yr warranty) and interior renovations to attached apartment units/single-family home. This property overlooks the lake, has abundant parking, and has been a staple to the community and neighboring towns of Essex county for over 25 years. Additional property features and business financials available upon request to qualified buyers with a signed NDA.
Location
State VT
County Vt-essex
Area Vt-Essex
Zoning Village
Body of Water Lake
Rooms
Basement Entrance Interior
Basement Concrete Floor, Insulated, Interior Access, Interior Stairs, Partial, Storage Space, Unfinished
Interior
Cooling Other, Wall AC Units
Inclusions Equipment, Inventory, Land/Building/Business, Other, Outbuilding
Exterior
Utilities Available Cable Available, Propane, Telephone at Site
Waterfront Description Yes
View Y/N Yes
Water Access Desc No
View Yes
Roof Type Architectural Shingle,Asphalt Shingle,Membrane,Other
Building
Sewer Public
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