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5138 Shelburne Rd

13,125 SF 58% Leased Office Building Shelburne, VT 05482 $1,100,000 ($84/SF) 7.29% Cap Rate

Investment Highlights

  • High traffic area
  • On a bus route
  • Near route 7
  • Lots of parking

Executive Summary

Approximately 12,000 square feet, 4 story commercial building in the heart of Shelburne, Vermont. This distinct property, often referred to as "The Shelburne Creamery", offers great sign exposure and is located on Shelburne Rd/ VT Route 7 (with average daily traffic over 17,000). 12 unique units with a few available for lease. Tenants are a mix of office, fitness and medical. Ample on site parking(35+). Multiple newly fit up offices. Building offers natural gas heating, municipal water and sewer. Take advantage of this historic property with an excellent location. Seller is a licensed salesperson, with Lake Point Properties LLC.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
13,125 SF
Building Class
C
Year Built
1919
Price
$1,100,000
Price Per SF
$84
Cap Rate
7.29%
NOI
$80,201
Percent Leased
58%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,281 SF
Slab To Slab
10’
Building FAR
0.43
Land Acres
0.70 AC
Zoning
VC - Village Center Mixed Use
Parking
50 Spaces (10.42 Spaces per 1,000 SF Leased)

Amenities

  • Natural Light

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 21
  • 3,175 SF
  • Office
  • -
  • Now

The commercial property at 5138 Shelburne Rd, Shelburne, VT 05482, often referred to as “The Shelburne Creamery,” offers approximately 12,000 square feet of leasable space across four stories. Located on Shelburne Rd/VT Route 7, this property benefits from high visibility with an average daily traffic count of over 17,000 vehicles. The building features 12 unique units, accommodating a mix of office, fitness, and medical tenants. Several units are currently available for lease, providing flexible options for various business needs. The property includes ample on-site parking with more than 35 spaces, ensuring convenience for tenants and visitors. Additionally, the building is equipped with natural gas heating and municipal water and sewer services

  • 2nd Fl-Ste 22B
  • 900 SF
  • Office
  • -
  • Now

Small Office Space is Available - Monthly Rent is $750/Full Service Gross.

  • 3rd Fl-Ste 31
  • 1,500 SF
  • Office
  • -
  • Now

Spacious 1,500 SF office suite with 3 single offices, large open space, kitchenette, and private bathroom with a shower. Third floor walk up. Everything but internet is included in rent price. Landlord offering limited fit up with new flooring and paint of tenant's choice. Large parking lot onsite. Great signage and exposure to vehicle traffic on Shelburne Rd/ VT Route 7 (with average daily traffic of 17,500). Other tenants in the building include counseling therapists, medical practice, and a movement studio.

Space Size Space Use Condition Available
2nd Fl-Ste 21 3,175 SF Office - Now
2nd Fl-Ste 22B 900 SF Office - Now
3rd Fl-Ste 31 1,500 SF Office - Now

2nd Fl-Ste 21

Size
3,175 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 22B

Size
900 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 31

Size
1,500 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 21

Size 3,175 SF
Space Use Office
Condition -
Available Now

The commercial property at 5138 Shelburne Rd, Shelburne, VT 05482, often referred to as “The Shelburne Creamery,” offers approximately 12,000 square feet of leasable space across four stories. Located on Shelburne Rd/VT Route 7, this property benefits from high visibility with an average daily traffic count of over 17,000 vehicles. The building features 12 unique units, accommodating a mix of office, fitness, and medical tenants. Several units are currently available for lease, providing flexible options for various business needs. The property includes ample on-site parking with more than 35 spaces, ensuring convenience for tenants and visitors. Additionally, the building is equipped with natural gas heating and municipal water and sewer services

2nd Fl-Ste 22B

Size 900 SF
Space Use Office
Condition -
Available Now

Small Office Space is Available - Monthly Rent is $750/Full Service Gross.

3rd Fl-Ste 31

Size 1,500 SF
Space Use Office
Condition -
Available Now

Spacious 1,500 SF office suite with 3 single offices, large open space, kitchenette, and private bathroom with a shower. Third floor walk up. Everything but internet is included in rent price. Landlord offering limited fit up with new flooring and paint of tenant's choice. Large parking lot onsite. Great signage and exposure to vehicle traffic on Shelburne Rd/ VT Route 7 (with average daily traffic of 17,500). Other tenants in the building include counseling therapists, medical practice, and a movement studio.

  • Listing ID: 25906548

  • Date on Market: 6/10/2022

  • Last Updated:

  • Address: 5138 Shelburne Rd, Shelburne, VT 05482

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