| Commercial
Real Estate Opportunities |
Commercial Building
Wonderful opportunity to be in downtown Richford, municipal parking adjacent to building. Lots of potential for businesses. Building is a historic preservation building. Three floors for three diverse businesses. Being sold as-is.
Asking $120,000 For
Details |
| Location |
Richford is on the
US-Canadian border at the junction of Vermont Route 105
and Quebec Route 139. These routes provide good highway
access to the Eastern Townships, and the greater
Montreal area via Route 139 and Auto Route 10 and to
northern Vermont and the Champlain valley via Route 105
and Interstate 89. The Northern Vermont Railroad
provides daily freight service between Richford and the
Port of Montreal, Quebec and northern Maine. Dorval
(Montreal) and Burlington (Vermont) airports are a
convenient one hour drive. |
| Infrastructure |
Richford has reliable
electric three-phase power, water supply, and sewer
facilities at its industrial park and other locations
zoned for commercial and industrial use. Additional
industrial park sites have been identified for future
development (two on state highways, one on rail route). |
| Economic Development |
Information and assistance
for businesses interested in locating, expanding, or
trading in Richford is available in many forms. Local,
regional, state and federal agencies, plus several
private organizations are available to help. The
Richford Economic Advancement Corporation is a private,
non-profit corporation chartered to support and promote
economic growth in the area. For more information about
business opportunities in Richford, please contact REAC
at (802) 848-7711 or email us at reac@richfordvt.com. |
Employment Profile
(Information is reflective of a 1998 survey- not
necessarily most current.) |
| Private Sector |
Employers |
Employees |
| Manufacturing |
6 |
220 |
| Retail trade |
14 |
100 |
| Services |
14 |
60 |
| Construction |
6 |
20 |
| Communications |
- |
- |
| Transportation&Utilities |
10 |
20 |
| Agriculture&Forestry |
20 |
40 |
| Subtotal |
70 |
460 |
| |
|
|
| Public Sector |
|
|
| Schools |
2 |
60 |
| Local government |
2 |
20 |
| Federal government |
4 |
40 |
| Health care |
1 |
10 |
| Other |
4 |
10 |
| Subtotal |
13 |
140 |
|
| Workforce/Employment |
Richford developed as a
manufacturing job center. This plus construction,
agriculture and forestry combine to provide nearly half
of the local employment. Retail trade, commercial
services, government (local, federal), schools and
professional services make up the other half. The
available work force has manufacturing and clerical
skills. Work force training is available through local,
state and federal programs. |
| Business Climate |
Richford is a
business-friendly community with a reputation and an
objective of encouraging industry in the town. Recent
initiatives include: 1) The merger of the Town and
Village, 2) renovations of the Jr.-Sr. High School, 3)
improvements to the municipal water and sewer
facilities, and 4) plans to renovate the downtown area.
Tax stabilization, tax credits, and other business
incentives and assistance are available to help
establish or grow businesses in Richford. |
| Natural Setting |
Richford's proximity to
Mount Sutton and Jay Peak ski areas, the Green Mountain
Long Trail, extensive bike paths, and Missisquoi River
are assets to local restaurants, lodging and other
retail trade catering to tourism and outdoor recreation. |
| L.E.A.D. Franklin Grand
Isle |
L.E.A.D. Franklin Grand
Isle is a unique program in which participants explore
community issues and learn directly from Vermont's
business and public sector leaders who are on the front
line of these issues. Deadline for
first-year registrants occurs each May. http://www.fgiunitedway.org/LEAD.htm |
