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Two-Building Flex Space Property
For Sale
$900,000

118 Shippee Lane, Sharon, VT 05065

Commercial Sale, Sharon, VT

Property SizeContact for details
Lot Size2.70 Acres
Days on Market184

Property Features for 118 Shippee Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Less than 5 minutes from I-89 Exit 2 in Sharon > north on Route 14 to Shippee Lane (turn at Sharon Health Center). Stay right on Shippee Lane, the land and two buildings are at end of road.
Standard status Active
Lot size 2.70 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5926

Utilities

Utilities Propane
Water source Well
Listing Agency: Bassette Real Estate Group
Listed By: Terry Boone
Added: Feb 26 Changed: Aug 19 Last Checked: Aug 29 at 6:06AM
MLS# 5077643

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex space property includes two steel buildings situated on 2.7 acres. The primary building contains 1,140 square feet, with an additional 350 square feet above the ceiling. Its layout includes an office, bathroom with shower, mechanical closet, and two-bay garage area with high ceilings and overhead doors. Two separate entrances serve the building, and the structure is positioned on a pad.

The second building provides 1,200 square feet of warehouse space on a separate pad and includes an overhead door. The property is located in Sharon near I-89 Exit 2, with an extra-wide area on the lot that accommodates large truck turnaround. Utilities include propane service and a well water source. Zoning is Commercial.

Key Highlights

  • Two steel buildings on 2.7 acres
  • Main building: 1,140 sq ft plus 350 sq ft above the ceiling
  • Main building includes office, bathroom with shower, mechanical closet, and two‑bay garage

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Well-served
Demand for This Use

Demographics for 05065, VT

1,096
Population
522
Households
2.1
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
39
Density / Sq Mi
$69,850
Median Household Income
$40,855
Median Earnings
$1,152
Median Rent
$265,600
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Four Corners Kitchen 6316 VT-14, South Royalton, VT 05068

Frequently Asked Questions

What type of property is this?
Flex space - Steel commercial buildings offer office space, garage bays, overhead doors, and well-water service on a 2.7-acre parcel.
Where is this flex space located?
The property is located at 118 Shippee Lane Sharon, VT.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two steel buildings on 2.7 acres; Main building: 1,140 sq ft plus 350 sq ft above the ceiling; Main building includes office, bathroom with shower, mechanical closet, and two‑bay garage
More about this property
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