Building Details

Building Size 16,274 SF

Stories 2

Listing Agency: The Marcelino Team s***@themarcelinoteam.com Show Phone

Listed By: Shannon D Marcelino Show Phone

Source: Elliman

Added: Jul 24 Changed: Aug 8 Last Checked: Jul 24 at 7:28AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Marcelino Team

Investment Insights

Based on property information with market context.

This offering includes a 5.35-acre commercial land parcel in Vergennes, along with an included two-story barn totaling 16,274 square feet. The barn can support existing storage or workspace needs, or be redeveloped as part of a future project plan.

The property is described as being equipped with public water, public sewer, and natural gas, which can support planned infrastructure needs for prospective development. The seller notes the property may accommodate development options such as a Planned Unit Development (PUD) or commercial/residential use, with preliminary concepts indicating the possibility of up to approximately 350+/- residential units.

All intended use, zoning requirements, and the feasibility of proposed plans must be confirmed through buyer due diligence with the City of Vergennes. Buyer to complete all necessary due diligence regarding approvals and requirements for any development concept.

Key Highlights

• 5.35‑acre parcel in Vergennes with public water and public sewer, plus natural gas
• Existing 16,274 SF two‑story barn included with the sale
• Potential development concepts include a PUD or commercial/residential use

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon Plumbing Service Dental Office Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

313

Businesses Nearby

Explore this area Business Placement

Demographics for 05491, VT

5,784

Population

2,900

Households

2

Avg Household Size

47

Median Age

40%

College-Educated

95%

High-School Grad

87.5 sq mi

ZIP Area

66

Density / Sq Mi

$91,053

Median Household Income

$45,494

Median Earnings

$1,157

Median Rent

$306,000

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - 5.35-acre parcel in Vergennes with public water, sewer, natural gas, and an existing 16,274 SF two-story barn.

Where is this commercial land located?

The property is located at 16 New Haven Rd Vergennes, VT.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: 5.35‑acre parcel in Vergennes with public water and public sewer, plus natural gas; Existing 16,274 SF two‑story barn included with the sale; Potential development concepts include a PUD or commercial/residential use