10/12 Pearl St Essex, VT 05452
- Office Properties & Spaces
- 4,000 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 10/12 Pearl St
- Property size
- 4,000 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Essex
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.1124
- Latitude
- 44.4909
