Downtown Retail Space For
21-25 Center St Brandon, VT
21-25 Center St, Brandon, VT, 00000
Contact for pricing
For Sale
Contact for pricing
Retail space with high visibility in the heart of downtown.
Property Size4,040 SF
Lot Size0.11 Acres
Price / SF$120.05
Days on Market475
Property Features for 21-25 Center St
General Information
- Standard status
- Active
- Size
- 4,040 SF
- Lot size
- 0.11 Acres
- Property subtype
- RETAIL
Listing agency
Kingsland Real Estate
(802) 343-4661
Listed by
Duncan S. Harris
(802) 343-4661
Source
Moodyscre
Added: Apr 3, 2025 Updated: Jul 6 at 10:28AM Checked: Jul 20 at 2:16AM
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 Kingsland Real Estate
Investment Insights
Based on property information with market context.
This 4,040 square foot retail space is located in the heart of downtown, offering high visibility. The property is situated next to Brandon Falls, attracting locals and visitors. Recent upgrades include a new roof, LED lighting, additional attic insulation, and two heat pumps. The property currently houses two tenants: Carr’s Gifts and Delilah’s Hairstyling. Carr’s Gifts is considering selling or closing their business upon the building’s sale. Delilah’s Hairstyling is a thriving business that provides revenue and stability. Convenient street parking is available directly in front of the building, with a large municipal parking lot located behind the property.
Key Highlights
- Prime Location: Heart of downtown, next to the popular Brandon Falls.
- Dual Income Opportunity: Currently houses two tenants.
- Recent Upgrades: New roof, LED lighting, attic insulation, and two heat pumps.
Local Financial Insights For Retail
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 | $53.3k | $13.20 |
| − Vacancy | −$6.4k | −$1.58 |
| EGI | $46.9k | $11.62 |
| − OpEx | −$14.1k | −$3.48 |
| NOI | $32.9k | $8.13 |
4,040 SF · lease $13.20/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$469.3K
$410.6K – $547.5K
NOI $32,850 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$703.4K
$615.5K – $820.7K
NOI $49,239 @ 7.0% cap · market cap 10.15%
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 space with high visibility in the heart of downtown.
Where is this retail space located?
The property is located at 21-25 Center St Brandon, VT.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Prime Location: Heart of downtown, next to the popular Brandon Falls.; Dual Income Opportunity: Currently houses two tenants.; Recent Upgrades: New roof, LED lighting, attic insulation, and two heat pumps.
