507 Shelburne Street Burlington, Vermont 05401-5008 MLS# 5014820

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For Sale Status

$609,000 List Price

Multi Type

1 Beds

1 Baths

2,270 Sqft

Listed By Kevin Holmes of Blue Slate Realty
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Burlington

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Imagine the perfect balance of work and life, right on the bustling Shelburne Street in Burlington! This versatile property, currently set up as achiropractor’s office, offers a prime location with visibility that businesses dream of. The commercial space boasts six treatment rooms—ideal for professionals—but can beeasily reimagined for your specific needs. Live above in the charming 1-bedroom apartment, currently rented month-to-month for $1,650, and let commercial rental incomeoffset your expenses, or flip the script and lease out the apartment while you run your own business downstairs. Whether you're an entrepreneur ready to take yourbusiness to the next level, or an investor seeking a high-traffic property with built-in income streams, this property offers the flexibility to make it happen. Opportunities likethis don't come around often—grab your chance to create the perfect live-work balance in one of Burlington’s hottest locations! Showings begin 9/14/24.

Property Location

507 Shelburne Street Burlington

Property Details

List Price  609,000 Bedrooms  1 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  1 Year Built  1936
MLS#  5014820 Lot Size  0.18 Acres Taxes $12,552
Type  Multi-Family Days on Market  31 Days Tax Year 2024
Units  2 Stories  2 Road Frontage  
Annual Income  $19,800 Style  Near Paths Water Frontage  
Annual Expenses  $0 Finished  2,270 Sqft Construction  No, Existing
Zoning   commercial Above Grade  2,270 Sqft Seasonal  No
Total Rooms  1 Below Grade  0 Sqft List Date  Sep 9th, 2024
Gross Income  $19,800 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $0/Mo
Construction
BasementWalk-up, Interior Stairs, Concrete
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Block, Poured Concrete House Color  Grey
Floors  Carpet, Other, Wood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Directions
Lot Description, Near Bus/Shuttle, Commercial Zoning, Near Public Transportatn, Near Shopping, Neighborhood
Garage & Parking  No, On Site, Paved, Off Street, 6+ Parking Spaces, Paved
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  commercial
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Xfinity Documents  
Electric  Circuit Breaker Tax ID  114-035-19780
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† The remarks published on this webpage originate from Listed By Kevin Holmes of Blue Slate Realty via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.