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Bean Group
Offered at $325,000Active
beds
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baths
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sq ft
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Built
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89 Ferry Road

Charlotte, VT 05445

About this home

A unique redevelopment opportunity in the heart of Charlotte Village. Situated on approximately one acre next to the Charlotte Town Offices and Library, 89 Ferry Road offers a highly visible village location with prior due diligence completed for potential commercial and mixed-use redevelopment. The property currently includes an older 2-bedroom home and detached garage. The property is being marketed primarily for its land value and redevelopment potential. The seller previously engaged Civil Engineering Associates to prepare a conceptual redevelopment plan for a 3,500-square-foot retail building with a one-bedroom apartment. The project progressed through sketch-plan review with the Town of Charlotte, and supporting engineering, wetland and wastewater materials are available for review. The property is identified in Town records as being within the Village Commercial District. Prior Town review found retail and residential uses permitted under the regulations applicable to the proposal at that time. Approximately two-thirds of the parcel contains Class II wetlands, and prior wetland delineation and engineering work have been completed. An existing drilled well serves the property, and the seller also pursued preliminary municipal sewer allocation as part of the proposed redevelopment. An intriguing opportunity for a buyer looking for a well-located commercial, mixed-use or village redevelopment project in central Charlotte.

Listing last checked: Listing updated:

Listed by Nancy R Warren · Coldwell Banker Hickok and Boardman · MLS #5106946

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Other
Land & utilities5 property facts
Lot size
1 acres
Water
Other
Sewer
Septic Tank
Pool
Not reported
Zoning
Village Commercial Distri
Financial2 property facts
Annual taxes
$4,798
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $325,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,043 / monthAdjust
Principal & interest
$1,643
Property tax
$400
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,798. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Photo-based condition insights

Overall presentation: below average

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About 89 Ferry Road

Can I request a private showing?

Request a tour of 89 Ferry Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.