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Listed by Cam Tu Thai • Ridgeline Real Estate
$ 699,000
Est. payment | /mo
2,760 SqFt
$ 699,000
Est. payment | /mo
2,760 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $253
MLS Listing ID 5052744
Year Built 1980
Annual Tax Amount $11,837
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Prime Mixed-Use Investment in the Heart of Essex Junction! Located in the vibrant Central Business District near the high-visibility Five Corners intersection (Routes 15, 117, and 2A), this fully leased property offers a rare and versatile opportunity for investors and developers. Currently configured with two income-producing units: Unit 1: A well-established nail salon occupying 1,344 sq ft of street-level commercial space. Unit 2: A spacious 2-bedroom, 1-bath residential apartment, also 1,416 sq ft. In the rear of the building, a large storage space presents strong potential for conversion into a third unit—an additional 2-bedroom apartment to further maximize ROI. With flexible zoning and high-traffic exposure, the property offers potential for redevelopment to suit a range of residential, commercial, or mixed-use visions. Don't miss this opportunity to invest in one of Chittenden County's most central and connected location.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning mixed use
Rooms
Basement Slab
Interior
Cooling Central AC
Inclusions Land/Building
Exterior
Utilities Available Cable Available, Gas On-Site, Multi Phone Lines, Telephone at Site
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Metal
Building
Sewer Public
