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$500,000
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Property Description
This spacious commercial building, located in Colchester, Vermont, bordering Essex, offers a versatile and promising opportunity for various businesses. The building's prior use included a medical office on the first floor and an antique shop on the lower level, showcasing its adaptability. Conveniently situated near Interstate 89, this property boasts accessibility and visibility. The lower level of the building features eight offices, perfect for professional services or retail spaces. Additionally, it provides ten treatment rooms, making it an ideal choice for healthcare or wellness businesses. A generous and inviting reception area welcomes clients and customers with a warm ambiance. Ample parking space adds to the convenience for both employees and visitors. This building offers a range of possibilities, from traditional office setups to creative co-working spaces. Its unique combination of historical charm and modern amenities make it a standout opportunity for businesses looking to establish a presence in this vibrant area. Current zoning allows for many Conditional and Permitted uses.
Full Property Details
Full Property Details for 28 Vermont Ave
General
- Sold For: $500,000
- Taxes: $11,100 (2023)
- Status: Closed
- Type: Commercial Investment
- Source: PrimeMLS
- MLS ID: 4943945
- Added to Site: 1, 105 day(s) ago
Parking
- Parking: On-Site, Parking Spaces 11 - 20, Paved
Location
- County: Chittenden
- Driving Directions: Located within the Fort of Ethan Allen, located at the corners of Ethan Allen Avenue, Vermont Avenue and Hegeman Avenue. Sign on property.
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Construction: Wood Frame
- Exterior Const.: Wood
- Basement Entrance: Interior
- Basement Desc.: Concrete, Finished, Full, Stairs - Interior, Storage Space, Walkout, Stairs - Basement
- Roof: Shingle - Asphalt
- Square Feet: 7,323
- Finished Total: 7,323 Sq. Ft.
- Year Built: 1920
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 1.35
- Lot Size (Sq. Ft.): 58,806
- Frontage: Yes Road Frontage
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $68.28
- Tax Amount: $11,100.84
- Tax Year: 2023
Timeshare
- Fractional Own: Adequate
Disclosures and Reports
- APN: 153-048-20823
Listed and Sold by Matt Lumsden Real Estate, Matt Lumsden
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Price & Sales History for 28 Vermont Ave
Date
Details
Price
Change
Source
2/16/2024
Sold
$500,000
-4.76%
MLS
11/10/2023
Price Reduced
$525,000
-24.89%
MLS
2/23/2023
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
28 Vermont Avenue, Colchester, VT 05446 (MLS# 4943945) is a Commercial Investment property that was sold at $500,000 on February 16, 2024. Want to learn more about 28 Vermont Avenue? Do you have questions about finding other Commercial Investment real estate for sale in Colchester? You can browse all Colchester real estate or contact a Coldwell Banker agent to request more information.
