15-19 Park Street Essex, VT $ 950,000
15-19 Park Street
$ 950,000
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15-19 Park Street

Essex, VT, 05452
$ 950,000
Bedrooms Baths0.0 Sq 32,500

Monthly Estimate*

$ 4,530

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15-19 Park Street, Essex, VT 05452 - Image 1

Commercial Property for sale in Essex, VT

for $950,000. This 32,500 square foot building was built in 1900 on a lot size of 0.55 Acre(s).
Listed by Kendra Kenney, Donahue & Associates, LLC

An exciting investment opportunity in the heart of Essex Junction. The existing 5, 900 SF building is being sold with full architectural and engineering plans completed for a full redevelopment of this property. The property is currently approved for the development of a 32, 500 SF mixed-use building. As approved, the building would contain 28 one-bedroom apartments and 5, 600 SF of ground level commercial space, with associated on-site parking. All architectural and engineering is complete and the property owner has buildable construction plans in hand. The property owner reports that the cost to secure approvals and all plans was $205, 000. Sale includes all approved engineering, architectural prints, etc. The Property Highlights Current Building Size -5, 900 +/- square feet Land: .55 +/- acres with 17 +/- covered parking spaces and 16 surface spaces. Planned Building - 32, 500 SF mixed use building with 28 one-bedroom apartments and one 5, 600 SF commercial space. Zoning - Village Center

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 9,890

Style

Development

Lot Size

0.55 Acre(s)

Year Built

1900

Town/City

Essex

County/Region

Chittenden

MLS | Web ID

4718107

Features
Interior
Basement None
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Exterior
Parking Covered Parking Driveway On Site Parking Parking Spaces
Road Frontage Other
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* Excluded Features
List By
Kendra Kenney

Listing Agent

Donahue & Associates, Llc

Broker

Affordability Calculator

$5,354
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,530
Monthly Property Taxes
$824
Monthly Home Insurance
--
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Default based on a 30-year fixed rate of 3.99% 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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15-19 Park Street, Essex, VT, 05452 is a Commercial Property for sale at $950,000 with 32,500 sqft and a lot size of 0.55 Acre(s). 15-19 Park Street has 0.0 baths and was built in 1900. The property's zip code is 05452 which is in Essex, VT