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Listed by Ryan Pronto • Jim Campbell Real Estate
$1,795,000
Est. payment /mo
20,848 SqFt
New
1713 Industrial Pkwy #Lot #7 Lyndon, VT 05851
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,848 sqft
Price per Sqft $86
MLS Listing ID 5100028
Year Built 2004
Annual Tax Amount $20,975
Tax Year 2025
Lot Size 2.980 Acres
Acres 2.98
Property Description
Owner/User or Value-Add Investment Opportunity. Charles E. Carter Business Resource Center is FOR SALE!! Operated as an economic development business incubator building, this is a fully occupied building with mostly SHORT-TERM leases in place and BELOW MARKET VALUE. Featuring a 2.98 AC landscaped site with high parking capacity, and a fully sprinklered 20,848 SF Building with a highly-functional design. 4,904 SF is climate controlled office space while the remaining 15,944 SF is heated/insulated warehouse/manufacturing/distribution space. 55+ Parking spaces, 4 dock doors (8'x8' w/1 leveler), 1 drive-in door (8'x9'6"), 6 electric meters, public water/sewer, propane heat, accessibility features. 6,605 SF is currently Common Area (approx. 31%+) with Visitor Entrance, 2 multi-stall bathrooms, and central spine in warehouse so Tenants can access Drive-In Door and Dock Door. New Owner/User could quickly occupy large portions of the building while collecting rental income, or an Investor could raise unit rents, recapture some common area, and pass-through expenses via a NNN-lease structure to add great value. Owner/User could occupy/grow into the full building SF upon lease expirations. Great opportunity to be well-located in the Lyndon-St Johnsbury Industrial Park, with easy access to I-91 and just north of the I-91/I-93 interchange. Submarkets include Saint Johnsbury, VT and Littleton, NH. Financials and Tenant Info are available to well-qualified Buyers upon vetting. This is your chance to acquire one of the best industrial buildings around and well-below replacement cost. 48 Hr Notice required to show. Easy to reconfigure partial demising walls in warehouse upon lease expirations. As-built drawings and plans are available (Architectural, Structural, Landscape, Mechanical, etc, etc). Great existing tenants and couple good anchor tenants that expressed dire to stay, if new owner desires.
Location
State VT
County Vt-caledonia
Area Vt-Caledonia
Zoning Industrial
Rooms
Basement Slab
Interior
Cooling Central AC
Inclusions Equipment, Land/Building
Exterior
Utilities Available Multi Phone Lines, Propane
Roof Type Metal
Building
Sewer Public
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