Price Reduced 21.87%
Listing courtesy of Lipkin Audette Team, Coldwell Banker Hickok and Boardman Phone: 802-846-8800
Price History
$1,125,000
6/25/2025
$1,099,000
7/30/2025
$1,125,000
7/31/2025
$1,099,000
7/31/2025
$1,125,000
8/1/2025
$1,099,000
8/2/2025
$1,085,000
9/8/2025
$996,000
9/9/2025
$949,000
10/31/2025
$899,000
12/1/2025
$879,000
1/2/2026
14312 Route 116, Hinesburg, VT, 05461
25 rooms
3 beds
2 Full baths
1948
Multi-Family, Other
9,000 sqft
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.
Status:
Active
Type:
Multi-family
Units:
2
Zoning:
Agricultural
Heating:
Geothermal, Heat Pump
Cooling:
Central AC
Basement:
Partial, Unfinished
Parking:
Parking Spaces 21+, Unpaved
Acreage:
1.4
Est. Taxes:
$8,546
Lot 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
School District:
Champlain Valley UHSD 15
MLS #:
5048452