20 Kimball Ave South Burlington, VT 05403
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South Burlington VT Office Condo Investment
Property size:
29,000 SFProperty Features for 20 Kimball Ave
General Information
- Property type
- Office space
- Square Feet
- 29,000 SF
- Class
- B
- Lot Size
- 81,893 SF
Building Details
- Stories
- 3
Listing Agency: Donahue & Associates Listing Agent: Steve Donahue
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional commercial office condominium investment opportunity, located at 20 Kimball Avenue in South Burlington, Vermont, presents a unique chance to acquire a multi-tenant property. The property boasts a total of 29,000 square feet of space, distributed across three floors and encompassing 25 individual office suites. The building's flexible layout caters to a diverse range of tenants, with suite sizes varying from approximately 300 square feet to several thousand square feet, making it ideal for businesses of all scales. Currently, the building enjoys a 70% occupancy rate, generating a stable income stream. Built in phases between 1981 and 1987, the Class B building sits on a sizable 1.88-acre lot, zoned Commercial 1—Limited Retail, offering potential for future expansion or redevelopment. The property's convenient location provides easy access to Interstate 89, Burlington International Airport, and Williston Road, ensuring high visibility and accessibility for tenants and clients. Ample parking is available with 132 spaces provided on-site. The asking price for this prime South Burlington commercial property is $2,550,000. The gross lease structure simplifies management and maximizes return on investment. This is a rare opportunity to acquire a well-located, established multi-tenant office building in a thriving Vermont market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office space
Location Insight
- Map
- Local Demand
- City
- South Burlington
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.1536358
- Latitude
- 44.4602158
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FAQs
What type of property is this?
Office space - South Burlington VT Office Condo Investment
Where is this office space located?
The property is located at 20 Kimball Ave South Burlington, VT.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Exceptional multi-tenant office condominium investment opportunity in South Burlington, VT.; 29,000 square feet across three floors, comprised of 25 individual office suites ranging from 300 to several thousand square feet.; 70% occupancy rate generating stable income.
