Properties Near 478 Hegeman Avenue Colchester, VT

Prime Mixed-Use Investment in the Heart of Essex Junction! Located in the vibrant Central Business District near the high-visibility Five Corners intersection (Routes 15, 117, and 2A), this fully leased property offers a rare and versatile opportunity for investors and developers. Currently configured with two income-producing units: Unit 1: A well-established nail salon occupying 1,344 sq ft of street-level commercial space. Unit 2: A spacious 2-bedroom, 1-bath residential apartment, also 1,416 sq ft. In the rear of the building, a large storage space presents strong potential for conversion into a third unit—an additional 2-bedroom apartment to further maximize ROI. With flexible zoning and high-traffic exposure, the property offers potential for redevelopment to suit a range of residential, commercial, or mixed-use visions. Don’t miss this opportunity to invest in one of Chittenden County’s most central and connected location.

Here's an investment opportunity in the bustling Fort Ethan Allen complex with a 2400SF commercial space on the main level and three residential units (1) - 1 br/1ba, and (2) 2 br/1ba - with leases on the second level. Owner/user can take advantage of the industrial space to promote their own business or lease out for more income. there's 12 parking spaces and the availability to use part of the common land/area on the corner of Barnes and Hegeman. Zoning is General Development with possible uses to include light industrial, office, residential, manufacturing, storage and more. Bring your business here and have the tenants help pay the mortgage.