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1599 Monkton Road

Monkton, VT 05473

MLS # 5113390 Multi-Family Active
$8,462
Taxes
2,960
Square feet
3
# of units
8.08
Acres

RARE COMMERCIAL AND RESIDENTIAL OPPORTUNITY! Welcome to 1599 Monkton Road, a unique property combining residential flexibility with substantial commercial potential in a highly desirable location situated between Burlington & Middlebury. Additionally, comes with agricultural zoning for even more potential uses, as the previous owners had horses on property. Set on 8.08 acres, the property features an 1820 Colonial currently configured for multi-family rentals, plus an expansive shop previously utilized as a high-end woodworking production facility. The shop offers approximately 5,000 sq. ft. of space & coveted 3-phase power with 4 separate heating zones, creating an exciting opportunity for a workshop, studio, production facility, storage, home-based business or other commercial pursuits, subject to applicable zoning & approvals. Ample on-site parking exists with no lack of space, 388' of frontage along a paved public road, cable internet & separate utilities throughout the various spaces further enhance the property's versatility and investment potential. The residential dwelling provides additional flexibility for owner occupancy, employee housing, conventional rental income streams, or multi-generational living, while the surrounding acreage offers mountain views, mature shade, a stream & room to expand your vision. The upgrades list is long, highlighted by a metal roof, drilled well, new septics, updated heating units, blown insulation & natural Vermont surroundings. Whether you're an entrepreneur searching for space to operate your business or agricultural endeavors, an investor looking for multiple potential income streams or a buyer seeking a true live/work compound, 1599 Monkton Road offers a combination of acreage, infrastructure & flexibility that is increasingly difficult to find. Bring your business, your ideas & your vision! This is one you don't want to miss!

Property Type Multi-Family
# of Units 3
Subdivision Name N/A
Year Built 1820
Parking N/A
Road Frontage N/A
Acres 8.08
Gross Income N/A
Annual Expenses N/A
# of Gas Meters N/A
# of Electric Meters N/A
Sq Ft (Above Ground) 2960
Sq Ft (Below Ground) 0
Total Sq Ft 2960
Land Description N/A
Elementary School Monkton Central School
Middle School Monkton Central School
High School N/A
Financing Details N/A
Documents Available N/A