Hinesburg, VT | 14312 Route 116

$879,000
MLS#: 5048452
2
# of Units
9,000
Total Sq. Feet
1.40
Acres
$8,546
Taxes
1 of 39

General Property Information

Price:
$879,000
County:
VT-Chittenden
Acres:
1.40
Property Type:
Multi-Family
Property Status:
Active
# of Units:
2
Agency/Brokerage:
Lipkin Audette Team
Coldwell Banker Hickok and Boardman

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.

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
1948
Parking:
Road Frontage:
0
Acres:1.40
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
9000
Sq Ft (Below Ground):
0
Total Sq Ft:
9000
Land Description:Country Setting,Level,Major Road Frontage,Near Golf Course
Elementary School:
Hinesburg Community School
Middle School:
Hinesburg Community School
High School:
Champlain Valley UHSD #15
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
17
#Bedrooms:
0
#Baths:
1
Sq. Ft.:
0
Floor:
1-2
Unit Style:
Commercial
Monthly Rent:
0.00

Unit 2

#Rooms:
8
#Bedrooms:
3
#Baths:
2
Sq. Ft.:
0
Floor:
1-2
Unit Style:
Apartment
Monthly Rent:
0.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-06-25
Last Updated:
2026-01-02 20:17:50

Stowe Office

Debby Burnor

(P) 802.253.9771
(F) 802.253.9993
email

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