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Listed by Yana Walder Cook of KW Vermont

Commercial investment and redevelopment opportunity in the central business district downtown Essex Junction. Two adjacent properties right off Five Corners in Essex, Vermont sold together. Fully leased 8 Pearl Street, 1704 SF, with 5 offices, 1 bathroom, dedicated and shared parking, and 10-12 Pearl St, 4,092 SF, with 14+ offices, 2 bathrooms, and dedicated parking. Building is split into two mirror image autonomous interior spaces on three levels. Each side has a dedicated waiting room, 6 single offices, a full bath, and a large loft space on the top floor. Leases are in place along with the owners' two-year 7 CAP RATE LEASE BACK GUARANTEE. Located in Village Center Zoning District. The downtown area is centered on the intersection of Routes 15, 117 and 2A, commonly referred to as Five Corners. This is a prime commercial location within Essex Junction with a demand for new commercial properties. All three routes are heavily traveled.

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 3, 2020.

 

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