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5138 Shelburne Rd 13,125 SF 100% Leased Office Building Shelburne, VT 05482 $1,100,000 ($83.81/SF) 7.20% Cap Rate
Executive Summary
Approximately 12,000 square feet, 4 story commercial building in the heart of Shelburne, Vermont. This distinct property, often referred to as "The Shelburne Creamery", offers great sign exposure and is located on Shelburne Rd/ VT Route 7 (with average daily traffic over 17,000). 12 unique units with a few available for lease. Tenants are a mix of office, fitness and medical. Ample on-site parking(35+). Multiple newly fit up offices. Building offers natural gas heating, municipal water and sewer. Take advantage of this historic property with an excellent location. Seller is a licensed salesperson, with Lake Point Properties LLC.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,125 SF
Building Class
C
Year Built
1919
Price
$1,100,000
Price Per SF
$83.81
Cap Rate
7.20%
NOI
$79,200
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,281 SF
Slab To Slab
10’
Building FAR
0.43
Lot Size
0.70 AC
Zoning
VC - Village Center Mixed Use
Parking
50 Spaces (10.42 Spaces per 1,000 SF Leased)
Amenities
- Natural Light
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Property Taxes
| Parcel Number | 582-183-12331 | Improvements Assessment | $650,400 |
| Land Assessment | $221,800 | Total Assessment | $872,200 |
Property Taxes
Parcel Number
582-183-12331
Land Assessment
$221,800
Improvements Assessment
$650,400
Total Assessment
$872,200
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5138 Shelburne Rd
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