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POWERED BY PURLIN.AI

1713 Industrial Pkwy Lot #7

lyndon, VT 05851

$1,795,000

    Interested? Let's Connect

    Owner/User or Value-Add Investment Opportunity. Charles E. Carter Business Resource Center is FOR SALE!! Operated as an economic development business incubator building, this is a fully occupied building with mostly SHORT-TERM leases in place and BELOW MARKET VALUE. Featuring a 2.98 AC landscaped site with high parking capacity, and a fully sprinklered 20,848 SF Building with a highly-functional design. 4,904 SF is climate controlled office space while the remaining 15,944 SF is heated/insulated warehouse/manufacturing/distribution space. 55+ Parking spaces, 4 dock doors (8'x8' w/1 leveler), 1 drive-in door (8'x9'6"), 6 electric meters, public water/sewer, propane heat, accessibility features. 6,605 SF is currently Common Area (approx. 31%+) with Visitor Entrance, 2 multi-stall bathrooms, and central spine in warehouse so Tenants can access Drive-In Door and Dock Door. New Owner/User could quickly occupy large portions of the building while collecting rental income, or an Investor could raise unit rents, recapture some common area, and pass-through expenses via a NNN-lease structure to add great value. Owner/User could occupy/grow into the full building SF upon lease expirations. Great opportunity to be well-located in the Lyndon-St Johnsbury Industrial Park, with easy access to I-91 and just north of the I-91/I-93 interchange. Submarkets include Saint Johnsbury, VT and Littleton, NH. Financials and Tenant Info are available to well-qualified Buyers upon vetting. This is your chance to acquire one of the best industrial buildings around and well-below replacement cost. 48 Hr Notice required to show. Easy to reconfigure partial demising walls in warehouse upon lease expirations. As-built drawings and plans are available (Architectural, Structural, Landscape, Mechanical, etc, etc). Great existing tenants and couple good anchor tenants that expressed dire to stay, if new owner desires.

    Details

    20,848 Sq Ft

    2.98 Private Acres Lot Size

    commercial

    Built in 2004

    MLS/Listing ID 5100028

    Charles E. Carter Business Resource Center

    Amenities & Features

    Parking - Unassigned

    Parking - Paved

    Parking - On Site

    Parking - Reserved

    Metal

    Accessibility Features

    Construction - Metal Siding

    Cooling - Central Air

    Heating - Zoned

    Heating - Propane

    Heating - Forced Air

    Lot - Subdivided

    Lot - Near Golf Course

    Lot - Landscaped

    Lot - Corner Lot

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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    Interested In 1713 Industrial Pkwy Lot #7?