1713 Industrial ParkwayLyndon, VT 05851Price: $1,795,000

Owner/User or Value-Add Investment Opportunity. Charles E. Carter Business Resource Center is FOR SALE!! Operated as an economic development business incubator building, this is a fully occupied building with mostly SHORT-TERM leases in place and BELOW MARKET VALUE. Featuring a 2.98 AC landscaped site with high parking capacity, and a fully sprinklered 20,848 SF Building with a highly-functional design. 4,904 SF is climate controlled office space while the remaining 15,944 SF is heated/insulated warehouse/manufacturing/distribution space. 55+ Parking spaces, 4 dock doors (8'x8' w/1 leveler), 1 drive-in door (8'x9'6"), 6 electric meters, public water/sewer, propane heat, accessibility features. 6,605 SF is currently Common Area (approx. 31%+) with Visitor Entrance, 2 multi-stall bathrooms, and central spine in warehouse so Tenants can access Drive-In Door and Dock Door. New Owner/User could quickly occupy large portions of the building while collecting rental income, or an Investor could raise unit rents, recapture some common area, and pass-through expenses via a NNN-lease structure to add great value. Owner/User could occupy/grow into the full building SF upon lease expirations. Great opportunity to be well-located in the Lyndon-St Johnsbury Industrial Park, with easy access to I-91 and just north of the I-91/I-93 interchange. Submarkets include Saint Johnsbury, VT and Littleton, NH. Financials and Tenant Info are available to well-qualified Buyers upon vetting. This is your chance to acquire one of the best industrial buildings around and well-below replacement cost. 48 Hr Notice required to show. Easy to reconfigure partial demising walls in warehouse upon lease expirations. As-built drawings and plans are available (Architectural, Structural, Landscape, Mechanical, etc, etc). Great existing tenants and couple good anchor tenants that expressed dire to stay, if new owner desires.