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14312 Route 116, Hinesburg, VT 05461
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$879,000
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Home Details for 14312 Route 116
Price
$879,000
Type
Commercial/Industrial
Year Build
1948
Lot Size
1.4
County
Chittenden
Basement
Finished, Unfinished
Tax
$8,546.32
MLS®️ Listing#
5048450
On exitrealty.com
212 days
Listing Courtesy: Coldwell Banker Hickok and Boardman - Off: 802-863-1500. Presented by: The Steve Audette Team - Off: 802-863-1500
Property Description
Rare mixed-use commercial investment opportunity in Hinesburg, Vermont. Approximately 11,000 sq ft on 1.4 acres with high visibility and ample parking, priced below appraised value. Existing commercial infrastructure, residential income, and expansion potential offer multiple value-add paths. The property is currently configured as a mixed-use commercial building with an operating retail/restaurant layout and an attached 3 bedroom 2 bath apartment providing immediate income potential. Commercial improvements include a full commercial kitchen, multiple walk-in coolers/freezers, and a Large dual oven commercial wood-fired pizza oven, significantly reducing startup costs for future tenants or owner-operators. Situated on 1.4 acres in the Agricultural Zoning District, the property offers substantial unfinished space suitable for storage, additional commercial use, or potential residential expansion (subject to zoning and permitting). Former fuel tanks have been inspected and environmentally cleared, allowing optional reactivation of the gas station component. Recent capital improvements include geothermal heat and A/C, All me plumbing and electrical upgrades, All energy assessment recommendations were addressed lowering long-term operating costs. This asset presents a compelling opportunity for an investor seeking current utility with long-term redevelopment or repositioning upside in a high-visibility corridor.
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- Heating Information
- Geothermal
- Heat Pump
- Water Features
- Well
- Private
- Parking
- On Site
- Unpaved
- Basement
- Finished
- Unfinished
- Cooling Information
- Central Air
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