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1889 Williston Rd 2,505 SF 100% Leased Office Building South Burlington, VT 05403 $5,851,000 ($2,335.73/SF) 7.43% Cap Rate
Executive Summary
Discover the exceptional potential of 1889–1891 Williston Road, a standout investment property in one of South Burlington’s most visible and well-traveled corridors. The property is approximately 3.41-acre parcel of land improved with two buildings including a two-story wood frame office building comprising of 5,096 SF and one-story steel frame industrial building comprising of 42,968 SF.
Positioned along the city’s primary commercial artery, this property offers unmatched accessibility, steady traffic flow, and proximity to I-89, Burlington International Airport, and a wide range of retail, dining, and service destinations.
Positioned along the city’s primary commercial artery, this property offers unmatched accessibility, steady traffic flow, and proximity to I-89, Burlington International Airport, and a wide range of retail, dining, and service destinations.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
2,505 SF
Building Class
B
Year Built
1980
Price
$5,851,000
Price Per SF
$2,335.73
Cap Rate
7.43%
NOI
$434,809
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,252 SF
Slab To Slab
8’
Building FAR
0.02
Lot Size
3.41 AC
Zoning
Commercial - Office, Retail, Commercial
Parking
6 Spaces (2.4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Drop Ceiling
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Property Taxes
| Parcel Number | (188) 1810-01891 | Improvements Assessment | $2,145,000 |
| Land Assessment | $338,100 | Total Assessment | $2,483,100 |
Property Taxes
Parcel Number
(188) 1810-01891
Land Assessment
$338,100
Improvements Assessment
$2,145,000
Total Assessment
$2,483,100
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1889 Williston Rd
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