Listing Presented by:
Linda I. Letourneau
Partner
Office: 802-864-2000 x3
Cell: 802-343-2107
208 Flynn Avenue, Studio 2i
Burlington, VT 05401
Contact Linda
| Office Property For Sale | |
| Price: | $3,850,000 |
| Address: | 553 Roosevelt Highway |
| Colchester, VT 05446 | |
| Use: | Zoned: Commercial District- Professional office |
| Type: | For Sale |
| Size: | 19,331 SF on 2.27 Acres |
| Available: | At Closing |
| Parking: | On-site |
Description:
VT Commercial is pleased to offer to the market this professional office building located right at Exit 16, Colchester. Perched just above Route 7, and just below Water Tower Hill. This building was built in 1986 & 1990 and renovated in 2018. Constructed with concrete block & steel, tons of glass, and corrugated metal facade on the Annex (addition). Flat rubber membrane roof on main building and asphalt shingle on Annex. Two story main building with elevator and two internal stairwells. Current occupants are mostly Nuharbor corporate offices (Seller) and Remax (tenant in place) . Nuharbor has multiple locations & has relocated staff from this location freeing up some office space a new owner. Gas HVAC, with electric split systems in the Annex, on site parking and common outside space. Easy access using the 4 way light intersection with the parking ride next door. Modern kitchens and glass conference/breakout rooms throughout the property. Nice ambiance for a cool corporate culture. Fiber optics, Municipal water and sewer. One car garage for maintenance and dry storage.
Mix of private and open floor for work stations. (workstations and some furniture negotiable) Half a dozen conference /training rooms, large open kitchen with break room or informal meeting space. Convenient location just off the highway and near service amenities like Costco, banking and restaurants. Suites for lease at this location as well. $25-26/SF plus utilities.
- Convenient and easy to find location. I89, Exit 16
- Owner flexible with a portion of a lease back.
- Remax lease in place.
- Great signage for high visibility
- RE Taxes $41,575
- Currently professionally managed by Neville.