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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.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/2/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $519,120 | $519,120 | $519,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $1,058 | $1,058 | $1,058 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,154 | $3,278 | $4,311 |
| Total Monthly Payment | $4,304 | $4,428 | $5,461 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.