938-950 Shelburne Road, South Burlington, VT 05403
Local realty services provided by:ERA Key Realty Services
938-950 Shelburne Road,South Burlington, VT 05403
$1,950,000
- 10 Beds
- 7 Baths
- 8,136 sq. ft.
- Multi-family
- Active
Listed by: paul cannizzaro
Office: cannizzaro real estate802-862-9700
MLS#:5071105
Source:PrimeMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$186.25
About this home
Perfect high visibility retail/office location. See attached pro forma. Enjoy a 7.6% cap rate and well maintained buildings. This rare offering features 10 bedrooms over six residential units and two commercial units, providing an exceptional opportunity for both investors and owner-users. Rental Fire Safety inspections have been completed, and the property is positioned for a business owner seeking a highly visible location w/ excellent signage, strong traffic counts, and easy self-management. The property consists of two buildings: a 3,458 SF brick building containing four apartments, and a 4,672 SF wood-frame building that includes two upstairs apartments and two first-floor commercial spaces with full heated basement and additional garage door access. The commercial area is currently divided into multiple offices but can be easily opened up to create a showroom-style layout. The lot offers 148 feet of frontage on Shelburne Road and 128 feet of depth on Brewer Parkway. This investment package includes some vacancy that makes it particularly attractive for an owner-user who can occupy approximately 2,334 SF of commercial space while collecting rent from the six residential units. Onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License...
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Home facts
- Year built:1966
- Listing ID #:5071105
- Added:305 day(s) ago
- Updated:October 05, 2026 at 10:59 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:7
- Full bathrooms:7
- Basement Description:Bulkhead, Climate Controlled, Concrete Floor, Exterior Access, Full, Insulated, Interior, Storage Space, Walkout
- Living area:8,136 sq. ft.
Heating and cooling
- Cooling:Central AC
- Heating:Hot Air
Structure and exterior
- Year built:1966
- Building area:8,136 sq. ft.
- Lot area:0.43 Acres
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$186.25
- Tax amount:$25,538 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
- Garage spaces:1
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