3319 US Route 5
Derby, VT, 05829 $ 320,000
Baths0.0 Monthly Estimate*
$ 2,021
Listed by Dexter Degre, Jim Campbell Real Estate, 303-854-7083, Dexter@JimCampbellRealEstate.com
Studio for $320,000. The lot size is 1.99.
Prime 1.99-acre commercial development opportunity located on highly visible and heavily traveled US Route 5 (Derby Road) in Derby, Vermont. Situated at 3319 US Route 5, this property offers outstanding exposure in one of the area's most desirable commercial corridors, making it an ideal location for retail, office, service, mixed-use, or residential development. Property is served by public water and public sewer and benefits from existing utility and infrastructure improvements remaining from its previous use as a bowling alley, potentially reducing future development costs. The existing building is in poor condition but the 3,630 +/- SF structure on and 100' x 33' concrete slab may present a redevelopment or salvage opportunity, or remove the structure and start fresh. Approx. 0.51+/- acres are encumbered by a power company easement; however, a substantial portion of the parcel remains available for development, including the majority of the valuable road frontage. Preliminary site planning has demonstrated the property's development potential, with recent conceptual plans accommodating a retail building of approximately 9,100 square feet along with on-site parking. Located within the Village Commercial Derby Center (VC/DC) Zoning District, the property allows for a broad range of permitted commercial and residential uses, providing flexibility for investors, developers, or owner-users. Whether you're planning retail, professional offices, hospitality, multi-family housing, or another permitted use, this property offers the location, visibility, municipal services, and development potential to bring your vision to life. Take advantage of this exceptional opportunity to secure a highly visible commercial parcel in one of Derby's busiest traffic corridors with an Annual Average Daily Traffic (AADT) count of approximately 8,335 vehicles (2025 data, Location ID P140, VT Agency of Transportation)
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FeaturesGeneralRoad Frontage Yes
Sewer Public
Utilities Other
Possession At Closing
Flood Zone No
Zoning VC/DC (Derby)
Exclusions Seller's Personal Property
Electric On-Site
Tax Year 2026
Status Detail 0
Covenants No
Directions From I-91 N take exit 28 for Derby Center and head east along US Route 5 (Derby Road) for approximately 0.7 miles and the Property will be on your right.
City Derby
DOM 1
Price Per Sq Ft Total AG 160804.02
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ExteriorLot Features In Town Near Country Club Near Golf Course Near Shopping Near Snowmobile Trails Interior Lot Major Road Frontage Neighbor Business Near Hospital Near ATV Trail Near School(s)
Lot Size Area 1.99
Water Source Public
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* Excluded FeaturesList ByDexter DegreListing Agent
Jim Campbell Real EstateBroker
Dexter@JimCampbellRealEstate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,021
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyLots and land listings in Derby, VT
Average List Price $377,338
Percent of Sale Price 18%
About Derby, VT 4,535 Population
-2% Since 2002
$ 52,429 Median Income
46.92 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $320,000 | | Listed Price |