Listing Courtesy of:
Coldwell Banker Hickok and Boardman
Agency Contact: Phone: 802-846-8800
Associate Name: Lipkin Audette Team
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.
Listed By
Agency Name: Coldwell Banker Hickok and Boardman
Agency Contact: Phone: 802-846-8800
Agent Name: Lipkin Audette Team
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
Choose a date and time to see 14312 Route 116, Hinesburg, VT 05461.
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Estimated Payment
$ 2,924.81 per month $1,956.27 Principal & Interest $712.17 Property Tax $256.38 Homeowner's Insurance
14312 Route 116 | MLS# 5048452
This multi-family property located at 14312 Route 116, Hinesburg, VT 05461 is currently listed for sale with an asking price of $879,000. Route 116 is located within the Champlain Valley UHSD 15 school district. Search Hinesburg real estate on www.masiellogrouprealestate.com today.