938-950 Shelburne RD, South Burlington, VT 05403
938-950 Shelburne RD, South Burlington, VT 05403
938-950 Shelburne RD, South Burlington, VT 05403
938-950 Shelburne RD, South Burlington, VT 05403
938-950 Shelburne RD, South Burlington, VT 05403
938-950 Shelburne RD, South Burlington, VT 05403
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
Listed by Paul Cannizzaro • Cannizzaro Real Estate
$ 1,950,000
Est. payment | /mo

10 Beds

7 Baths

8,136 SqFt

Save
$ 1,950,000
Est. payment | /mo
Save

10 Beds

7 Baths

8,136 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,136 sqft

Price per Sqft $239

MLS Listing ID 5071105

Bedrooms 10

Full Baths 7

Construction Status Existing

Year Built 1966

Annual Tax Amount $25,538

Tax Year 2025

Lot Size 0.430 Acres

Acres 0.43

Property Description

Perfect high visibility retail/office location. See attached pro forma. Enjoy a 7.6% cap rate and well maintained buildings. 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 Fire Safety inspections have been completed, and the property is positioned for a business owner seeking a highly visible location w/ excellent signage, strong traffic counts, and easy self-management. 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 and 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. 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

Rooms

Basement Entrance Interior

Basement Basement Stairs, Bulkhead, Climate Controlled, Concrete Floor, Exterior Access, Full, Insulated, Interior Stairs, Storage Space, Walkout

Interior

Cooling Central AC

Exterior

Garage Spaces 1.0

Utilities Available Cable at Site, Gas On-Site

Roof Type Architectural Shingle

Building

Story 2

Sewer Public

Architectural Style Apartment Building, Multi-Family

Construction Status Existing

PrimeMLS

NEARBY SCHOOLS & PROPERTIES

Guillermo A Molina Jr

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA 01950, United States

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938-950 Shelburne RD

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