Description
Prime Mixed-Use Investment in the Heart of Essex Junction! Located in the vibrant Central Business District near the high-visibility Five Corners intersection (Routes 15, 117, and 2A), this fully leased property offers a rare and versatile opportunity for investors and developers. Currently configured with two income-producing units: Unit 1: A well-established nail salon occupying 1,344 sq ft of street-level commercial space. Unit 2: A spacious 2-bedroom, 1-bath residential apartment, also 1,416 sq ft. In the rear of the building, a large storage space presents strong potential for conversion into a third unit—an additional 2-bedroom apartment to further maximize ROI. With flexible zoning and high-traffic exposure, the property offers potential for redevelopment to suit a range of residential, commercial, or mixed-use visions. Don’t miss this opportunity to invest in one of Chittenden County’s most central and connected location.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
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2,760SQFT
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$235$/SQFT
School Ratings & Info
Description
Prime Mixed-Use Investment in the Heart of Essex Junction! Located in the vibrant Central Business District near the high-visibility Five Corners intersection (Routes 15, 117, and 2A), this fully leased property offers a rare and versatile opportunity for investors and developers. Currently configured with two income-producing units: Unit 1: A well-established nail salon occupying 1,344 sq ft of street-level commercial space. Unit 2: A spacious 2-bedroom, 1-bath residential apartment, also 1,416 sq ft. In the rear of the building, a large storage space presents strong potential for conversion into a third unit—an additional 2-bedroom apartment to further maximize ROI. With flexible zoning and high-traffic exposure, the property offers potential for redevelopment to suit a range of residential, commercial, or mixed-use visions. Don’t miss this opportunity to invest in one of Chittenden County’s most central and connected location.
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Courtesy of Cam Tu Thai of Ridgeline Real Estate: .