333 Jones Drive Brandon, VT $ 575,000
333 Jones Drive
$ 575,000
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333 Jones Drive

Brandon, VT, 05733
$ 575,000
Baths0.0 Sq 51,700

Monthly Estimate*

$ 4,017

Listed by Ray Ault, Ault Commercial Realty, Inc., 802-773-0600, Ray@AultCommercial.com
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Studio

Commercial Property for sale in Brandon, VT

for $575,000. This 51,700 square foot building was built in 1962 on a lot size of 5.84.

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.

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Commercial Active

Price

$ 575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,740

Style

Office

Lot Size

5.84

Year Built

1962

Town/City

Brandon

County/Region

Rutland

MLS | Web ID

4741672

Features
Interior
Basement Description Concrete Concrete Floor Unfinished Walkout
Basement Yes
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General
Road Frontage Yes
Sewer Public
Utilities Cable - Available Gas - LP/Bottle
Ceiling Height 8'8 -10'9
Roof Rolled
Parking On-Site Parking Spaces 21+ Paved
Flood Zone Unknown
Zoning Commercial - Park Village
Status Active
Year Built 1962
Tax Rate 2.61
Assessment Amount 449900
Tax Year 2024
Building Name Compass Bldg
Area VT-Rutland
Seasonal No
Price Per Sq Ft 11.12
Tax Gross Amount 11740.59
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Exterior
Lot Size Area 5.84
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* Excluded Features
List By
Ray Ault

Listing Agent

Ault Commercial Realty, Inc.

Broker

(802) 773-0600

Phone

Ray@AultCommercial.com

Email

Affordability Calculator

$4,995
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,017
Monthly Property Taxes
$978
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$575,000 -16.06% Price Down
6/24/2023$685,000 Listed Price

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333 Jones Drive, Brandon, VT, 05733 is a Commercial Property for sale at $575,000 with 51,700 sqft and a lot size of 5.84. 333 Jones Drive is a studio with 0.0 baths and was built in 1962. The property's zip code is 05733 which is in Brandon, VT