47 Gauthier Dr 5,400 SF 100% Leased Industrial Building Essex Junction, VT 05452 $1,350,000 ($250/SF)

VT Commercial is pleased to market this three unit commercial condo property. Lot 21 is ideally located in Essex within Gauthier Park. Built in 2012 by the Miller Group. Waste water permit # WW 4-3695. Permits for a 5400 SF building with 25 employees, 338 gpd of water and 300 gpd of septic. A Butler metal frame building with decorative brick on the front facade. Front of the space is built with some 1st & 2nd office space, rear is open warehouse/ shop space with 14’ overhead doors. Municipal W/S, gas heat, and recently updated with LED lighting & some epoxy floors. Full fire walls between the unit, fire alarm, wet sprinkler system, rubber roof & 25 parking spaces. 3 phase power. Excluded but negotiable: 1 ton crane in place. This property is well cared for and in mint condition. Currently fully leased with potential opportunity for owner occupancy in near future. Current NOI is $68,664 with upward potential of $98,100. This investment offers you flexibility to own it all and piecemeal off the condos as you wish.