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$2,200,000
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Property Description
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 Housing Fire Safety inspections have been completed, and the property is ideally positioned for a business owner seeking a highly visible location with excellent signage, strong traffic counts, and easy self-management. Residential units are currently rented below market, with all but one tenant on a month-to-month lease, and a recently renovated 1,500± SF unit with new flooring, paint, and countertops is ready for occupancy. 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 with 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 (plus full basement) of commercial space while collecting rent from the six residential units. Additional highlights include onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License
Full Property Details
Full Property Details for 938-950 Shelburne Rd
General
- Price: $2,200,000
- Taxes: $25,648
- Status: Active
- Type: Retail
- Source: PrimeMLS
- MLS ID: 5089444
- Updated: 5/18/2026
- Added to Site: 8 day(s) ago
Parking
- Parking: Garage, On-Site, Parking Spaces 11 - 20
Location
- County: Chittenden
- Driving Directions: Corner of Shelburne Road and Brewer Parkway
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Hot Air
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Climate-Controlled, Concrete Floor, Exterior Access, Full, Insulated, Interior Stairs, Unfinished, Walkout
- Roof: Architectural Shingle
- Square Feet: 8,136
- Finished Total: 8,136 Sq. Ft.
Unit Information
- Units in Building: 8
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,731
- Frontage: Yes Road Frontage
- Frontage Feet: 148
- Zoning: Higher Scale Mixed Use
Financial Considerations
- Price Per Sq. Ft.: $270.4
- Tax Amount: $25,648
Disclosures and Reports
- APN: 600-188-11034
Listed by Cannizzaro Real Estate, Paul Cannizzaro
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Price & Sales History for 938-950 Shelburne Rd
Date
Details
Price
Change
Source
5/18/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 938-950 Shelburne Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,279
15%
$512,000
—
2022
$9,820
143%
$512,000
—
2020
$4,038
-58%
$512,000
186%
2021
$9,594
138%
$179,300
—
2019
$4,037
3%
$179,300
—
2018
$3,909
15%
$179,300
—
2017
$3,397
-8%
$179,300
—
2016
$3,707
1%
$179,300
—
2015
$3,674
—
$179,300
—
2015
$3,673
3%
$179,300
—
2014
$3,550
—
$179,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 938-950 Shelburne Rd
938-950 Shelburne Road, South Burlington, VT 05403 (MLS# 5089444) is a Retail property. 938-950 Shelburne Road is currently listed for $2,200,000 and was received on May 18, 2026. Want to learn more about 938-950 Shelburne Road? Do you have questions about finding other Retail real estate for sale in South Burlington? You can browse all South Burlington real estate or contact a Coldwell Banker agent to request more information.
