Property profile

1233 Shelburne Rd Ste C1 South Burlington, VT 05403

OFF-MARKET
Office Spaces
Property ID
US89-0141324
2,544 SF 0.02 ac lot Built 1987
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 13,475 square foot, four-story Class B office building, located in the desirable Lakewood Commons area of South Burlington, offers multiple tenancy options. Built in 1923 and extensively renovated in 2020, the property boasts a blend of historic charm and modern functionality. Two spaces are currently available, ranging in size from 200 to 2,500 square feet, providing flexibility for businesses of various scales. The building features convenient on-site parking, eliminating the hassle of off-site parking searches. Its prime location offers easy access to downtown Burlington, Shelburne, Winooski, and Williston, with a 10-minute drive to Burlington and Shelburne, and a 15-minute drive to Winooski or Williston. The building is zoned for commercial use and includes one elevator for convenient access to all four floors. Rent includes utilities, common area cleaning, and maintenance, simplifying budgeting and operational management. This is an excellent opportunity to secure office space in a well-maintained, conveniently located building with a rich history and modern amenities. The property's strategic location and comprehensive amenities make it an ideal choice for businesses seeking a productive and comfortable work environment. Inquire today to learn more about available spaces and lease terms.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1987
Total area 2,544 SF
Lot 0.02 ac (871 SF)
APN (188) 1540-1233C.001
UPID US89-0141324

Cap rate & NOI

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

Location

1233 Shelburne Rd Ste C1 South Burlington, VT 05403-7780
South Burlington metro Census 3304 BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

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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