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Single-Story Brick Office Building
For Sale
$429,000
Pending

78 Vt Route 15 W, Morristown, VT 05661

Corner-site office property with full occupancy and lease coverage extending through July 31, 2029.

Property Size2,015 SF
Lot Size0.70 Acres
Days on Market12

Property Features for 78 Vt Route 15 W

General Information

Standard status Pending
Size 2,015 SF
Lot size 0.70 Acres
Occupancy 100%

Taxes and HOA fees

Annual Taxes $13,846

Building Details

Buildings 1
Stories 1
Building Size 2,015 SF
Construction brick
Tenancy Single
Owner Occupied No
Listing Agency: Coldwell Banker Hickok & Boardman / E. Montpelier
Listed By: Kevin S Casey
Source: Exprealty
Added: Aug 28 Changed: Sep 7 Last Checked: Sep 7 at 2:54PM

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.

This single-story brick office building contains 2,015 square feet on a 0.70-acre corner parcel. The property is fully occupied by NFP Property & Casualty Services, Inc., with the current lease extending through July 31, 2029 and providing 3.0% annual escalations.

The building is positioned at the roundabout connecting Vermont Route 15 and Route 100 in Morristown, within Lamoille County. Its corner setting places the property at a heavily traveled intersection and the commercial gateway to Morrisville. The combination of an established office tenancy, defined lease term, and accessible corner location provides a straightforward office investment profile.

Key Highlights

  • 2,015‑square‑foot single‑story brick office building
  • 0.70‑acre corner parcel at the Vermont Route 15 and Route 100 roundabout
  • 100% occupied by NFP Property & Casualty Services, Inc.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Catering Service Electrical Service

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

237
Businesses Nearby

Demographics for 05661, VT

5,881
Population
3,276
Households
1.8
Avg Household Size
45
Median Age
40%
College-Educated
94%
High-School Grad
65.3 sq mi
ZIP Area
90
Density / Sq Mi
$65,057
Median Household Income
$40,781
Median Earnings
$1,176
Median Rent
$268,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Corner-site office property with full occupancy and lease coverage extending through July 31, 2029.
Where is this office building located?
The property is located at 78 Vt Route 15 W Morristown, VT.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 2,015‑square‑foot single‑story brick office building; 0.70‑acre corner parcel at the Vermont Route 15 and Route 100 roundabout; 100% occupied by NFP Property & Casualty Services, Inc.
More about this property
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