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57 River Rd
Essex Junction, VT 05452
Pinewood Manor Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Easy access to downtown Essex and VT 289
- Building in great condition, well managed
- Great visibility
EXECUTIVE SUMMARY
Excellent Investment Opportunity!
•Over 50,000 SF of commercial building sitting on 9.6 acres
•Current NOI $316,113 (9.7% CAP)
•Located right on VT Route 117, this property provides easy access to VT-289 and is only 5 minutes from Downtown Essex
•Great visibility from a main commercial corridor
•Building has been well maintained and offers professional and clean common areas
•Ground level access available for both floors as property is constructed on hillside
•Property’s outbuildings feature 17 garage bays
•Several recent property improvements
•Building offers sweeping mountain views!
•Contact agents for full Rent Roll and P&L
•Over 50,000 SF of commercial building sitting on 9.6 acres
•Current NOI $316,113 (9.7% CAP)
•Located right on VT Route 117, this property provides easy access to VT-289 and is only 5 minutes from Downtown Essex
•Great visibility from a main commercial corridor
•Building has been well maintained and offers professional and clean common areas
•Ground level access available for both floors as property is constructed on hillside
•Property’s outbuildings feature 17 garage bays
•Several recent property improvements
•Building offers sweeping mountain views!
•Contact agents for full Rent Roll and P&L
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
50,560 SF
Building Class
C
Year Built
1978
Price
$4,476,258 CAD
Price Per SF
$88.53 CAD
Cap Rate
9.73%
NOI
$435,386 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Lot Size
9.96 AC
PROPERTY TAXES
| Parcel Number | (067) 2024007-000 | Improvements Assessment | $2,940,760 CAD |
| Land Assessment | $500,228 CAD | Total Assessment | $3,440,988 CAD |
PROPERTY TAXES
Parcel Number
(067) 2024007-000
Land Assessment
$500,228 CAD
Improvements Assessment
$2,940,760 CAD
Total Assessment
$3,440,988 CAD
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