Two-Tenant Professional Office
For Sale
$699,000
752 Granger Rd, Barre, VT 05641
Fully leased office property with fiber service and an unused one-bedroom apartment.
Property Size4,152 SF
Lot Size1.50 Acres
Price / SF$168.35
Days on Market14
Property Features for 752 Granger Rd
General Information
Standard status
Active
Size
4,152 SF
Lot size
1.50 Acres
Zoning
Light Industrial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Gross Income
$97,650
Office Units
2
Taxes and HOA fees
Annual Taxes
$16,599
Amenities
fiber service
Building Details
Year Built
1984
Buildings
1
Building Size
4,152 SF
Tenancy
Multi
Owner Occupied
No
Listing Agency:
Coldwell Banker Hickok & Boardman / E. Montpelier
(802) 863-1500
Listed By:
Kevin S Casey
(802) 752-2139
Source:
Exprealty
Added: Aug 21
Changed: Sep 3
Last Checked: Sep 3 at 1:55AM
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 Coldwell Banker Hickok & Boardman / E. Montpelier
Investment Insights
Based on property information with market context.
Built in 1984, this 4,152 SF professional office building is fully leased to a national insurance brokerage and a national financial services firm. The property includes a 2,304 SF full basement, vinyl siding, a shingle roof, forced-air heat, fiber service, and an unused second-floor one-bedroom apartment. Tenants occupy the suites under separate lease terms, with the anchor lease extending through July 2029 and the second tenancy continuing through August 2028. The anchor lease includes fixed 3% annual escalations.
Positioned on 1.5 acres at the corner of Granger Road and Airport Road, the property has dual frontage adjacent to Edward F. Knapp State Airport. I-89 Exit 7 and Central Vermont Medical Center are minutes away, with the site located between Montpelier and Barre. Light Industrial zoning leaves room for potential expansion, subject to applicable approvals.
Positioned on 1.5 acres at the corner of Granger Road and Airport Road, the property has dual frontage adjacent to Edward F. Knapp State Airport. I-89 Exit 7 and Central Vermont Medical Center are minutes away, with the site located between Montpelier and Barre. Light Industrial zoning leaves room for potential expansion, subject to applicable approvals.
Key Highlights
- 4,152 SF office building with a 2,304 SF full basement
- 100% leased to a national insurance brokerage and national financial services firm
- Anchor lease runs through July 2029 with fixed 3% annual escalations
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Explore this area
Business Placement
Demographics for 05641, VT
16,709
Population
8,053
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
67.1 sq mi
ZIP Area
249
Density / Sq Mi
$70,019
Median Household Income
$46,726
Median Earnings
$1,024
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Fully leased office property with fiber service and an unused one-bedroom apartment.
Where is this office building located?
The property is located at 752 Granger Rd Barre, VT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4,152 SF office building with a 2,304 SF full basement; 100% leased to a national insurance brokerage and national financial services firm; Anchor lease runs through July 2029 with fixed 3% annual escalations
