Listing Provided Courtesy Of:
Cecile Provost with Coldwell Banker Hickok and Boardman.

$949,000 1035 Us Route 5 Derby, VT

MLS: 4644938   Type: Commercial   County: Orleans   City: Derby   Area: Orleans   Zip: 05829   Style: Investment,Land,Multi-Family     Taxes: $8,762

Mortgage $4,455 /mo



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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)

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Price History

7/3/2017 Listed $949,000

Building Name Provost Farm
Construction Wood Frame
Features - Commercial Additional Outbuildings, Living Space Available
Type Commercial Sale
Zoning Commercial and R2

Interior Features

Basement Yes
Basement Access Type Walk-up
Basement Description Bulkhead, Concrete Floor, Crawl Space, Dirt Floor, No Tenant Access, Storage Space
Electric Circuit Breaker(s)
Gas - Natural Available No
Heating Baseboard, Energy Star System, Forced Air, Hot Water, Individual, Monitor Type
Heating Fuel Gas - LP/Bottle, Oil
Total Number of Units 7

Exterior Features

Exterior Aluminum, Vinyl
Foundation Fieldstone
Lot Description Agricultural, Country Setting, Farm, Field/Pasture, Hilly, Landscaped, Major Road Frontage, Open, Rental Complex, Stream
Lot Size Area 16.36
Parking Assigned, Driveway, Parking Spaces 6+, Paved, RV Accessible, Visitor, Covered
Road Frontage Yes
Roof Metal
Sewer 1500+ Gallon, Leach Field - On-Site, Septic Design Available, Septic
Water Drilled Well

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Listing Provided Courtesy Of:
Cecile Provost with Coldwell Banker Hickok and Boardman.

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Property vs Zip Code Avg (05829)

Price 949K Avg 607K

Sqr Feet 6,750 Avg 3,479

Cost / Sqr Ft $141 Avg $175

Taxes $8,762 Avg $6,768

Acres 16.36 Avg 7.83

Visits 2 Avg 0

Days on Site 142 Avg 668

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Listing Provided Courtesy Of: Cecile Provost with Coldwell Banker Hickok and Boardman.

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Location & Address

Element Real Estate
139 Bank Street
Burlington, VT