217 Pearl St - Freestanding FOR SALE


Essex Junction, VT 05452
$1,600,000 USD
802-318-3869
217 Pearl St, Essex Junction, VT for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

217 Pearl St
Essex Junction, VT 05452


HIGHLIGHTS

  • Route 15 Pearl Street High-Visibility. New Connected Junction Master Plan has been approved up to 10 stories.

OVERVIEW

Property is currently leased for a 16 month term ending July 31, 2027 3200 sq ft commercial retail/office building with 125 ft of frontage, .75 acres, on Pearl Street, Route 15. Essex Junction. Plenty of parking (24 Spaces), building renovated in 2010 with new floors, slatwall, commercial windows, wiring, lighting, HVAC, (2) furnaces with central air, new wiring and more. Full Gigabit Network connections throughout the building, individual rooms, classroom, soundproof studio, office, with recessed power and internet floor connections in classroom and waiting room. Counter, waiting room, office, small kitchen area, restroom, classroom, studio, and individual private rooms in place, but rooms and layout can be modified to suit. New fire alarm system installed in 2020. High visibility area with a bus stop right out front. Future development possibilities with the new Connected Junction plan that’s been approved. https://www.connectthejunction.org/ Will consider purchase offers starting at $1.6M

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

Mixed Use

APN/PARCEL ID

(066) 1040046-000

ASK ABOUT THIS PROPERTY

Dave ContoisContois Properties LLCMore Info
802-318-3869

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Dave ContoisContois Properties LLCMore Info
802-318-3869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.