Property summary
The property at 2 Gregory Drive in South Burlington includes an upper-level leased configuration totaling 12,000 square feet, combining street-level retail/office space with warehouse space. The layout provides 4,000 square feet of finished office or showroom area and 8,000 square feet of warehouse space, including a 6,840 square foot storage mezzanine accessible by stairs and forklift, and approximately 5,000 square feet with high ceilings. Warehouse functionality includes a 12' x 14' overhead drive-in door with a ramp and two 8' x 8' trailer-height loading docks. The building sits on 1.9 acres with 42 parking spaces and frontage/visibility along Williston Road, and it was constructed in 1986 with renovations completed in 2023. The building is configured to support a range of mixed-use, industrial, and commercial uses, including customer-facing showroom or office functions and warehouse, storage, manufacturing, or distribution activities, and it is described as allowing flexible use with multiple tenancy options; the lower level consists of four smaller warehouse units.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Distribution Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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