1 Carmichael Street · Essex Junction · Sold

Stand-alone bank building with drive-thru lanes in busy shopping center
Address:1 Carmichael Street
 Essex Junction, VT 05452
Use:Commercial, restaurant, office, daycare, retail-mixed-use
Size:2,442 SF and 5,108 +/- SF plus use of common land of Town Center’s Association
Parking:Ample On-site


Built in 2005, this property offers many potential uses in a high-visibility, high traffic location. No expense was spared in the construction, and the building has been extremely well-maintained. Seller notes that a new roof will be needed soon, as this one is near the end of its useful life. Brick construction on slab, three drive-through lanes, 400 amp three-phase power, full HVAC. Access is at-grade, two ADA bathrooms, handicapped parking on-site.

The front of the building is a large open lobby area with two private offices and a conference room directly off the lobby. In addition, there is a two fixture bathroom for customers off the lobby. There are four teller’s windows separating the lobby from the employee work area. The work area provides access to the drive up window tubes. Off the work area, on the southeast corner of the building is an employee kitchen area. It has a tile floor with wood cabinets along one wall, a sink and lockers for the employees. The second bathroom is located next to the kitchen. The southwest corner of the building contains two storage closets and a utility room. The utility room contains the boiler, controls for the radiant heating system, and the main electrical panel. Attached to the back of the building is a 30’ x 30’ canopy that covers the three drive through lanes. The lane closest to the building is an ATM and night deposit box. The other two lanes use underground tubes from the customer’s car to the interior.

The subject property is located in the mixed use commercial zoning district. Permitted uses in this zone include agricultural, banks, bed & breakfast, restaurants, neighborhood shopping center, as well as retail stores, offices, and personal services in buildings that are not larger than 10,000 SF. Retail stores, offices and personal service uses in buildings larger than 10,000 SF are allowed with a conditional use permit. Other conditional uses include churches, convenience stores, and multi-family dwellings.

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