37
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$2,200,000
Est. payment /mo
8,136 SqFt
New
938-950 Shelburne RD South Burlington, VT 05403
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,136 sqft
Price per Sqft $270
MLS Listing ID 5071098
Annual Tax Amount $25,648
Tax Year 2025
Lot Size 0.430 Acres
Acres 0.43
Property Description
This rare offering features 10 bedrooms over six residential units and two commercial units, providing an exceptional opportunity for both investors and owner-users. Rental Housing Fire Safety inspections have been completed, and the property is ideally positioned for a business owner seeking a highly visible location with excellent signage, strong traffic counts, and easy self-management. Residential units are currently rented below market, with all but one tenant on a month-to-month lease, and a recently renovated 1,500± SF unit with new flooring, paint, and countertops is ready for occupancy. The property consists of two buildings: a 3,458 SF brick building containing four apartments, and a 4,672 SF wood-frame building that includes two upstairs apartments and two first-floor commercial spaces with full heated basement with additional garage door access. The commercial area is currently divided into multiple offices but can be easily opened up to create a showroom-style layout. The lot offers 148 feet of frontage on Shelburne Road and 128 feet of depth on Brewer Parkway. This investment package includes some vacancy that makes it particularly attractive for an owner-user who can occupy approximately 2,334 SF of commercial space while collecting rent from the six residential units. Additional highlights include onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning Higher Scale Mixed Use
Rooms
Basement Entrance Interior
Basement Climate Controlled, Concrete Floor, Full, Insulated, Interior Stairs, Unfinished, Walkout, Exterior Access
Interior
Cooling Central AC
Inclusions Land/Building
Exterior
Utilities Available Cable, Gas On-Site, Multi Phone Lines
Roof Type Architectural Shingle
Building
Sewer Public
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