Hinesburg, VT 05461,14312 Route 116
Hinesburg, VT 05461,14312 Route 116
Hinesburg, VT 05461,14312 Route 116
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Listed by Lipkin Audette Team • Coldwell Banker Hickok and Boardman • Off: 802-863-1500
$879,000
Est. payment /mo
1.4 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5048450

Year Built 1948

Annual Tax Amount $8,546

Tax Year 2025

Lot Size 1.400 Acres

Acres 1.4

Property Description

Rare mixed-use commercial investment opportunity in Hinesburg, Vermont. Approximately 11,000 sq ft on 1.4 acres with high visibility and ample parking, priced below appraised value. Existing commercial infrastructure, residential income, and expansion potential offer multiple value-add paths. The property is currently configured as a mixed-use commercial building with an operating retail/restaurant layout and an attached 3 bedroom 2 bath apartment providing immediate income potential. Commercial improvements include a full commercial kitchen, multiple walk-in coolers/freezers, and a Large dual oven commercial wood-fired pizza oven, significantly reducing startup costs for future tenants or owner-operators. Situated on 1.4 acres in the Agricultural Zoning District, the property offers substantial unfinished space suitable for storage, additional commercial use, or potential residential expansion (subject to zoning and permitting). Former fuel tanks have been inspected and environmentally cleared, allowing optional reactivation of the gas station component. Recent capital improvements include geothermal heat and A/C, All new plumbing and electrical upgrades, All energy assessment recommendations were addressed lowering long-term operating costs. This asset presents a compelling opportunity for an investor seeking current utility with long-term redevelopment or repositioning upside in a high-visibility corridor.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Agricultural

Rooms

Basement Entrance Interior

Basement Interior Stairs, Unfinished

Interior

Cooling Central AC

Inclusions Land/Building, Other

Exterior

Utilities Available Telephone Available

Roof Type Shingle

Building

Sewer 1500+ Gallon, Private, Septic

Others

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Jolene Greene

Jolene Greene

+1(802) 495-6036

REALTOR | License ID: 082.0134587

REALTOR License ID: 082.0134587

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