| Investment Office Building | |
| Price: | $1,299,000 |
| Address: | 4049 Williston Road |
| South Burlington, VT 05403 | |
| Use: | Investment Opportunities, Business Opportunities, Office, Retail, Industrial |
| Type: | Sold |
| Size: | 12,800 +/- sf on 1.84 acres +/- |
| Available: | Sold |
| Parking: | On-Site |
Description:
This is a very rare investment building available for sale in a high traffic South Burlington location. Great tenant mix and currently the building has a small office space vacant for a potential owner/occupier or additional tenant. Building expansion possibilities exist. Interest rates remain low but cannot stay this low for much longer making this a perfect investment property to buy now.
• Centrally located investment property
• 290+/- Williston Rd frontage and 250+/- Gregory Dr frontage
•Williston Rd frontage has a lit sign
• Easy access to Marshall Ave via Gregory Drive allows you to be on Kennedy Drive, the Interstate or beyond in minutes
• Additional growth potential on current lot subject to permits
• 28,000 +/- cars per day. CCTA Bus line. Easy access to Airport, I89
• Views of Green Mountains
• Onsite active solar generator (Even at current rates, solar tracker will generate over $25,000 in free power over the next 15 years. Much more with anticipated power rate increases.)
• 2015-16 NOI forecast to be $106,000
• Recent HVAC upgrades including 3 units replaced in 2010.
• Roof replaced in 2003 (warranty through 2018)
• Flexible building with lower level Loading Dock
• Energy Efficient newer lighting throughout
• Great long-term tenant mix/history
• Simple exterior upgrades possible