938-950 Shelburne Road South Burlington, Vermont - For Sale

938-950 Shelburne Road South Burlington, Vermont 05403 MLS# 5071105

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For Sale Status

$2,200,000 List Price

Multi Type

10 Beds

7 Baths

8,136 Sqft

Listed By Paul Cannizzaro of Cannizzaro Real Estate
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South Burlington

938-950 Shelburne Road
938-950 Shelburne Road
938-950 Shelburne Road
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See attached pro forma for numbers using market rents. This rare offering features 10 bedrooms over six residential units and two commercial units, providing an exceptional opportunity for both investors and owner-users. Rental Fire Safety inspections have been completed, and the property is positioned for a business owner seeking a highly visible location w/ excellent signage, strong traffic counts, and easy self-management. Residential units are currently rented below market. A recently renovated 1,500± SF unit with new flooring, paint, and countertops is ready for occupancy. The property consists of two buildings: a 3,458 SF brick building containing four apartments, and a 4,672 SF wood-frame building that includes two upstairs apartments and two first-floor commercial spaces with full heated basement and additional garage door access. The commercial area is currently divided into multiple offices but can be easily opened up to create a showroom-style layout. The lot offers 148 feet of frontage on Shelburne Road and 128 feet of depth on Brewer Parkway. This investment package includes some vacancy that makes it particularly attractive for an owner-user who can occupy approximately 2,334 SF of commercial space while collecting rent from the six residential units. Onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License

Property Location

938-950 Shelburne Road South Burlington

Property Details

List Price  2,200,000 Bedrooms  10 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  7 Year Built  1966
MLS#  5071105 Lot Size  0.43 Acres Taxes $25,648
Type  Multi-Family Days on Market  190 Days Tax Year 2025
Units  8 Stories  2 Road Frontage  148
Annual Income  $0 Style  Near Public Transportatn Water Frontage  
Annual Expenses  $0 Finished  8,136 Sqft Construction  No, Existing
Zoning   Higher Scale Mixed Above Grade  8,136 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  Dec 3rd, 2025
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,975/Monthly Unit 2   2 Beds, 1 Baths, $1,800/Monthly
Unit 3   2 Beds, 1 Baths, $1,650/Monthly Unit 4   1 Beds, 1 Baths, $1,300/Monthly
Unit 5   2 Beds, 1 Baths, $1,000/Monthly Unit 6   1 Beds, 1 Baths, $1,300/Monthly
Unit 7   Beds, 1 Baths, $3,500/Monthly Unit 8   Beds, Baths, $2,500/Monthly
Construction
BasementInterior, Bulkhead, Climate Controlled, Storage Space, Full, Insulated, Interior Stairs, Storage Space, Walkout, Exterior Access, Basement Stairs
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors   Building Certifications  
Roof  Architectural Shingle HERS Index  
DirectionsCorner of Shelburne Road and Brewer Parkway
Lot Description, Near Bus/Shuttle, Level, Neighbor Business, Sidewalks, Near Shopping, Near Hospital, Near School(s)
Garage & Parking  Yes
Road Frontage  148 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Higher Scale Mixed
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  Central Air, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  600-188-11034
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† The remarks published on this webpage originate from Listed By Paul Cannizzaro of Cannizzaro Real Estate 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.