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Listed by Paul Cannizzaro with Cannizzaro Real Estate 802-862-9700
10 Beds
7 Baths
8,136 sqft

$1,950,000

938-950 Shelburne Road, South Burlington VT, 05403

Price per sqft$239.68
Built in1966
Property size8,136 sqft
Property typeMulti-family

Overview

Active

Listed Dec 3, 2025

Updated 3 days ago

Perfect high visibility retail/office location. See attached pro forma. Enjoy a 7.6% cap rate and well maintained buildings. This rare offering features 10 bedrooms over six residential units and two commercial units, providing an exceptional opportunity for both investors and owner-users. Rental Fire Safety inspections have been completed, and the property is positioned for a business owner seeking a highly visible location w/ excellent signage, strong traffic counts, and easy self-management. The property consists of two buildings: a 3,458 SF brick building containing four apartments, and a 4,672 SF wood-frame building that includes two upstairs apartments and two first-floor commercial spaces with full heated basement and additional garage door access. The commercial area is currently divided into multiple offices but can be easily opened up to create a showroom-style layout. The lot offers 148 feet of frontage on Shelburne Road and 128 feet of depth on Brewer Parkway. This investment package includes some vacancy that makes it particularly attractive for an owner-user who can occupy approximately 2,334 SF of commercial space while collecting rent from the six residential units. Onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License

$12,973/mo

Est. mortgage payment based on a $1,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5071105

Interior Features

Bedrooms
10
Bathrooms
7
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.43 Acres

Other Property Details

Taxes
$25,538
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Paul Cannizzaro with Cannizzaro Real Estate 802-862-9700

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