14312 Rte 116, Hinesburg, VT 05461

$799,000
9,000
SqFt

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Listing courtesy of The Steve Audette Team from Coldwell Banker Hickok and Boardman. (Phone: 802-846-8800)

List Price
$799,000
Status
ACTIVE
MLS#
5048452
Price Change
▼ $80,000 1780339368
Living Area
9,000
Lot Size
60,984
Acres
1.40
Year Built
1948

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 new 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.

Additional Information

Taxes
$8,546
Listing Agent
The Steve Audette Team
Listing Office
Coldwell Banker Hickok and Boardman
Style
Multi-Family, Other
School District
Champlain Valley UHSD 15
Elementary School
Hinesburg Community School
Middle School
Hinesburg Community School
High School
Champlain Valley UHSD #15
Exterior Features
Deck, Partial Fence, Garden, Patio, Covered Porch
Electric
Circuit Breakers
Utilities
Cable Available, Phone Available
Basement
Partial, Unfinished
Foundation
Block, Stone
Sewer
1500+ Gallon, Private Sewer, Septic Tank
Roof
Shingle
Zoning
Agricultural
Water
Drilled Well, Private Well

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Calculator source: Real Geeks

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