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$2,200,000
116 Days On Site

938-950 Shelburne Road
South Burlington, VT 05403

For Sale|Multi Family|Active
10
Beds
7
Total Baths
7
Full Baths
8,136
SqFt
$270
/SqFt
1966
Built
County:
VT-Chittenden
Listing courtesy of Paul Cannizzaro of Cannizzaro Real Estate

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(603) 264-9808
938-950 Shelburne Road938-950 Shelburne Road938-950 Shelburne Road938-950 Shelburne Road
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See attached pro forma for numbers using market rents. This rare offering features 10 bedrooms over six residential units and two commercial units, providing an exceptional opportunity for both investors and owner-users. Rental Fire Safety inspections have been completed, and the property is positioned for a business owner seeking a highly visible location w/ excellent signage, strong traffic counts, and easy self-management. Residential units are currently rented below market. A recently renovated 1,500± SF unit with new flooring, paint, and countertops is ready for occupancy. The property consists of two buildings: a 3,458 SF brick building containing four apartments, and a 4,672 SF wood-frame building that includes two upstairs apartments and two first-floor commercial spaces with full heated basement and additional garage door access. The commercial area is currently divided into multiple offices but can be easily opened up to create a showroom-style layout. The lot offers 148 feet of frontage on Shelburne Road and 128 feet of depth on Brewer Parkway. This investment package includes some vacancy that makes it particularly attractive for an owner-user who can occupy approximately 2,334 SF of commercial space while collecting rent from the six residential units. Onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License

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Listing Snapshot
Price 
$2,200,000
Days On Site 
116 Days
Bedrooms 
10
Inside Area (SqFt) 
8,136 sqft
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Lot Size 
0.43 Acres
Year Built 
1966
MLS® Number 
5071105
Status 
Active
Property Tax 
$25,648
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.43
Foundation 
Stone
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
2
Parking 
PavedHeated GarageGarageOn Site
Parking Spaces 
1
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
8136
SqFt Total 
10470
Style 
Apartment BuildingMulti-Family
Utilities 
Cable AvailableNatural Gas Available
Water Source 
Public
Zoning 
Higher Scale Mixed
Interior Features
Basement 
ConcreteInterior EntryStorage SpaceExterior EntryFull
Cooling 
Central Air
Electric 
Circuit Breakers
Heating 
Natural GasForced Air
Interior 
High Speed Internet
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Exterior Features
Construction Details 
Wood SidingBrickFrame
Frontage 
148
Lot Features 
Corner LotLevel
Roof 
Shingle
Listing courtesy of Paul Cannizzaro of Cannizzaro Real Estate



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Last checked: 2026-03-30 10:57 AM UTC
Neighborhood & Commute
Source: Walkscore
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