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372 Vermont Route 67 E

196,000 SF Vacant Industrial Building Shaftsbury, VT 05262 $2,950,000 ($15/SF)

Investment Highlights

  • • Approximately 22,725 SF of office space including 4,000 SF of mezzanine space overlooking manufacturing
  • • 4 dock-height enclosed loading docks; 15 overhead doors
  • • Ceiling Height: 24’ to roof deck in manufacturing area, less in office and other areas
  • • Heat: 10,000 gallon above-ground propane tank
  • • Electrical: Three phase; 2000 KVA transformer; 480 volts distributed via bus ducts across the facility
  • • Roof of manufacturing building replaced in 2011, warranty transferable

Executive Summary

V/T Commercial is pleased to offer for sale or lease the 196,000 SF industrial facility formerly known as Eagle Square Manufacturing located in Shaftsbury, Vermont. Shaftsbury is a picturesque Vermont town north of Bennington and just east of the New York border. The property is currently owned and occupied by Bernstein Display but was the previous home of the Stanley Tool Company and Eagle Square Manufacturing. This large industrial facility is highly functional and well suited for a wide range of distribution and manufacturing uses. The large 41-acre site hosts four different buildings, the largest of which is the +/- 170,000 SF manufacturing facility built in 1972. The manufacturing facility is attached to the 11,685 SF “museum” building which was built in 1891 and is the original home of Eagle Square Manufacturing, one of Shaftsbury’s first industries and the birthplace of the “Carpenter’s Square.” Along the western side of the property, there is a 9,500 SF warehouse, built in 1949, which is used primarily for storage by the current owners. Along the eastern side of the property is a second 1,500 SF warehouse currently used for hazmat storage. There are four dock-height loading docks, 15 overhead doors, and the facility offers ample power for various manufacturing uses. Lease with an option to purchase is a possibility.

Property Facts

Price $2,950,000
Price Per SF $15
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 42.55 AC
Rentable Building Area 196,000 SF
No. Stories 1
Year Built 1972
Parking Ratio 0.12/1,000 SF
Clear Ceiling Height 18 FT
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 15

Amenities

  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 196,000 SF
  • Industrial
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 196,000 SF Industrial - Now

1st Floor

Size
196,000 SF
Space Use
Industrial
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
(180)162019
Land Assessment
$0
Improvements Assessment
$2,189,500
Total Assessment
$2,189,500

zoning

Zoning Code I2 (Industrial - Manufacturing, Processing, Distribution,)
I2 (Industrial - Manufacturing, Processing, Distribution,)
  • Listing ID: 30064198

  • Date on Market: 11/15/2023

  • Last Updated:

  • Address: 372 Vermont Route 67 E, Shaftsbury, VT 05262

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