Williston Road Retail/Warehouse
1717 Williston Rd South Burlington, VT
1717 Williston Rd, South Burlington, VT, 00000
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For Sale
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Retail and warehouse building with recent upgrades and leaseback option.
Property Size17,620 SF
Lot Size1.38 Acres
Price / SF$147.28
Days on Market554
Property Features for 1717 Williston Rd
General Information
- Standard status
- Active
- Size
- 17,620 SF
- Lot size
- 1.38 Acres
- Property subtype
- RETAIL
Listing Agency
V/T Commercial
(802) 343-0119
Listed by
Tony Blake
(802) 343-0119
Source
Moodyscre
Added: Jan 11, 2025 Checked: Jul 19 at 5:31 am
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 V/T Commercial
Investment Insights
Based on property information with market context.
This 17,620 square foot building on Williston Road features both retail and warehouse space. Significant upgrades, totaling over $1 million, have been made in recent years. The property includes 3-phase power, a new 5,000 square foot climate-controlled high bay warehouse with a dock, and an at-grade door. The warehouse also features spray foam insulation. Upgrades include renovated bathrooms, a 16-camera web-connected security system, a fully upgraded retail frontage, a new roof for the back of the building, new flooring, and upgraded LED lighting. The building appears to be turn-key ready for a new tenant. The current owner is willing to lease back the property for a significant amount of time, allowing new ownership time to find a tenant.
Key Highlights
- Over $1 million in recent upgrades and renovations.
- New 5,000 +/- SF climate‑controlled high bay warehouse with dock and at‑grade door.
- Turn‑key condition for a new tenant.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $222.0k | $12.60 |
| − Vacancy | −$2.7k | −$0.15 |
| EGI | $219.3k | $12.45 |
| − OpEx | −$32.9k | −$1.87 |
| NOI | $186.4k | $10.58 |
17,620 SF · lease $12.60/SF/yr · vacancy 1.20% · expense 15.00%
Alternative Uses
Best Use
Retail
$3.69M
$3.23M – $4.31M
NOI $258,422 @ 7.0% cap · market cap 9.96%
Second Best
Warehouse
$2.66M
$2.33M – $3.11M
NOI $186,446 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$4.83M
$4.23M – $5.64M
NOI $338,304 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail and warehouse building with recent upgrades and leaseback option.
Where is this retail space located?
The property is located at 1717 Williston Rd South Burlington, VT.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Over $1 million in recent upgrades and renovations.; New 5,000 +/- SF climate‑controlled high bay warehouse with dock and at‑grade door.; Turn‑key condition for a new tenant.
