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
South Burlington is located in Vermont. South Burlington, Vermont has a population of 20,042. South Burlington is more family-centric than the surrounding county with 32.42% of the households containing married families with children. The county average for households married with children is 31.07%.
The median household income in South Burlington, Vermont is $83,750. The median household income for the surrounding county is $81,957 compared to the national median of $69,021. The median age of people living in South Burlington is 38.7 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 9.2 degrees. The average rainfall is approximately 36.6 inches per year, with 73.6 inches of snow per year.