Bought with Ray Ault • Ault Commercial Realty, Inc.
$250,000
$575,000
56.5%For more information regarding the value of a property, please contact us for a free consultation.
333 Jones DR Brandon, VT 05733
25,991 SqFt
Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 25,991 sqft
Price per Sqft $9
MLS Listing ID 4741672
Sold Date 09/06/24
Year Built 1962
Annual Tax Amount $11,740
Tax Year 2024
Lot Size 5.840 Acres
Acres 5.84
Property Description
Desirable 50,000+ sq. ft. brick 2-level building with at-grade access to both levels, on large 5.8-acre lot. Highly motivated seller just dropped asking price by $110,000! Its well worth a look! Located just 1.5 miles north of Brandon Town center, (2.2 mile drive including Park Village streets), this great property offers many possibilities: redevelopment opportunity / income property or site for your business! The 51,700 sq. ft. building on 5.8 acres includes approx. 26,000 sq. ft. on the main floor, plus a walk-out partially finished Lower Level space (that once housed a dental office) for future expansion. Owners recently vacated about 10,000 sq. ft. of 18,000 sq. ft. total finished area. The balance, 8,000 sf was rented at rents ranging from $3.15/sf to $13.50/sf, Gross Rent. The remaining 8,991 sq. ft. on the main floor is finished to 1960's standards, but is sprinklered and could be upgraded to code for many commercial uses. Operating Costs recently ran less than $3.00 per sq. ft., including heat and electricity. Documents available include: An SPIR - Sellers Property Info Report (Item 2a is amended to replace the 1992 furnace with a leased furnace, so new owner will likely install a new state of the art system). Floor Plans, including earlier owner's architectural schematic for conversion of main floor to 20-unit residential use (subject to permitting), and aerial photos, drone video; Assessors Record, Deed and 2024 Property Tax Bill for $11,741.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Commercial - Park Village
Rooms
Basement Entrance Walkout
Basement Concrete, Concrete Floor, Unfinished, Walkout
Exterior
Garage On-Site, Parking Spaces 21+, Paved
Garage Description On-Site, Parking Spaces 21+, Paved
Utilities Available Cable - Available, Gas - LP/Bottle
Roof Type Rolled
Building
Sewer Public
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