Property profile

10/12 Pearl St Essex, VT 05452

OFF-MARKET
Office Spaces
4,000 SF
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Property summary

AI-generated overview

This exceptional commercial investment opportunity presents a three-story, 4,000 square foot office building located at 10/12 Pearl Street in Essex Junction, Vermont. The property, classified as a Class B building, is offered at an asking price of $475,000, translating to a price per square foot of $118.75. The building features a unique layout, divided into two nearly identical, self-contained units. Each unit boasts six individual offices, a full bathroom, a dedicated waiting room, and substantial loft space on the third floor. A total of fourteen plus offices are available across both units. The gross lease structure simplifies management. The building offers dedicated parking, a significant advantage in this desirable location. Situated in the heart of Essex Junction, this property benefits from its central location, providing easy access to Burlington, Williston, and Colchester. This multi-tenant building presents a strong investment opportunity with potential for significant rental income. The property is comprised of three stories and is a traditional office building.

Property profile

Verified
Property type Office Spaces
Total area 4,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10/12 Pearl St Essex, VT 05452
Essex metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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