441 Water Tower Circle Unit 2 · Colchester · Sold

Water Tower Hill Commercial Condominium
Price:$649,000, includes up to $70,000 worth of electrical credits
Address:441 Water Tower Circle, Unit 2
 Colchester, VT 05446
Size:4,165 SF with 1.05+/- acres in common


This wonderful office condominium is in great condition. Because of long-term solar credit offsets, this unit has not paid an electric bill in years. The annual average electrical cost is approximately $5,000, which has been entirely offset since 2015. The estimated remaining life of the solar panels is approximately 17 years representing a significant savings to the next owner. Depending upon the price, these off-site panels can be negotiated as part of the sale. Unit 2 is the top floor of a two-unit commercial condominium. As such the condo association is simple and easy. The space is very well maintained, and features expansive windows, a full kitchen with a break/eating area, two restrooms, multiple offices, a large conference room, and an open bullpen area. All mechanicals are relatively new and in good working condition. Exterior windows and roof have been replaced. Its location on Water Tower Hill provides for extremely favorable access off Exit 16 of Interstate 89. This is a really great opportunity for an owner occupant!

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