48,578 SF Office on 10+/- Acres with Development Potential

Online Bidding Opens: November 10 | 12pm Online Bidding Closes: November 17 | 12pm Link to Matterport Virtual Tour: https://my.matterport.com/show/?m=4WSv1rGdHor&lang=en A 48,578 sq. ft. steel-frame building of precast concrete and glass sits on 10+/- acres in South Burlington, with westerly views of Lake Champlain and the Adirondacks from the upper floors. Built in 1987 as a trophy office and meticulously maintained, the three-story building is organized around a two-story atrium lobby, with an elevator and three stair towers. Upper floors hold conference rooms, an event space, a kitchen and break room, private offices and open work areas. The ground level adds a shipping area with an overhead door. The building benefits from 60 HVAC zones, full sprinklers, three-phase power, natural gas and municipal water and sewer. The site has 170 surface parking spaces and sits just off Route 7/Shelburne Road, a short drive from the University of Vermont Medical Center, UVM, Burlington International Airport and downtown Burlington. The 10.12+/- acre lot extends well beyond the building and parking area, with cleared lawn to the west and wooded land to the south and east. Vermont has relaxed Act 250 review for certain housing projects and this property may benefit depending on final decisions by the city of South Burlington. Buyers should confirm local approvals process, status of existing permit conditions and Act 250 jurisdiction with the City of South Burlington and the District Coordinator. Michael B. Carey - VT AUC Lic. # 057-0060459 | Samantha Kelley - VT RE Lic. # 081.0133082 Proudly offered in conjunction with Donahue & Associates Commercial Real Estate Advisors Contact: Michael Riggins, mriggins@tranzon.com, 860-713-8897