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    OFF-MARKET
    Office Spaces

    1233 Shelburne Rd Ste C1, South Burlington, VT 05403-7780

    2,544 SF 0.02 ac lot Built 1987
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US89-0141324
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Charles Davis · 5 yrs held
    Charles Davis
    since 2020
    1 recorded transaction
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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