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8005 VT Route 17 West, Addison, VT, 05491 | $599,900
Realize your dream living and owning your own business within the picturesque setting of the Lake Champlain valley tucked between the NY Adirondacks and the Green Mountains of Vermont. Here sits your perfect opportunity located on the corner of VT. Routes 17 and 125 on the Vermont and New York border at the Crown Point Bridge. This area is a mecca for year-round recreational activities that are presented by Lake Champlain and its Valley. Traffic count is 4100 vehicles per day. And then there is the Vt. West Coast bike byway running along this area through Addison County which is rich in lake, pastoral and mountain beauty. Lake Champlain history comes alive here. This is your chance to take advantage of this rich culture. The property sits on a . 86 acre lot with a 2BR ( currently 1 BR suite) , 2BA home and attached 2 car garage as well as a 1976 square foot commercial building for your business or craft. Whether you are thinking about a potential business in fishing and camping equipment, bike sales and repair shop, groceries, deli, breakfast and lunch counter restaurant, daycare, farm store or farm to table dinner offering - whatever your passion might be – this is your opportunity to make it a reality. It is currently set up and running as a successful restaurant. Many recent upgrades, roof , HVAC and the sand filter system. The price is right, the location is beautiful and the seller is ready to talk business!
Features
- Rooms: 5
- Bedrooms: 1
- Baths: 1 full / 1 three-quarter
- Style: Raised Ranch
- Year Built: 1978
- Garage: 2-car Garage
- Heating: Baseboard
- Cooling: Wall AC Units
- Basement: Concrete Floor,Partially Finished,Stairs - Interior,Walkout,Interior Access,Exterior Access
- Approx Sq. Feet: 1,690
- Acreage: 0.86
- Est. Taxes: $5,200
- Lot Desc: Corner,Country Setting,Curbing,Lake View,Level,Major Road Frontage,Mountain View,View
- Elem. School: Vergennes UES #44
- Middle School: Vergennes UHSD #5
- High School: Vergennes UHSD #5
- School District: Addison Northwest
- MLS#: 4943706
- Website: https://www.raveis.com
/prop/4943706/8005vtroute17west_addison_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/27/2024Listing courtesy of BHHS Vermont Realty Group/Middlebury Phone: 802-388-9836
Listing Agent: Nancy Larrow
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
8005 VT Route 17 West, Addison, VT, 05491
$599,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $479,920 | $479,920 | $479,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.625% | 7.375% | 6.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 8.157% | 7.548% | 6.780% |
| Monthly Tax Payment | $433 | $433 | $433 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,397 | $3,315 | $4,178 |
| Total Monthly Payment | $3,922 | $3,840 | $4,703 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484