Price Reduced 19.82%
Listing courtesy of Leigh Horton, Your Journey Real Estate Phone: 802-483-4187
Price History
$560,000
5/11/2023
$499,000
7/17/2023
$449,000
1/11/2024
88-96 Swanton Road, St. Albans Town, VT, 05478
+/- 46 Acres with frontage along a major thoroughfare, providing the opportunity for Commercial and/or Multi-Family Residential Development. This property is located in the St. Albans Town Commercial District with Conditional Use Review of Multi-Family Residential Uses as it is in the Growth Center Overlay. Public Sewer + Water, Electric, and Gas are located at the street. Three Potential Site Development scenarios have been surveyed, creating a possibility of +/- 35 residential multi-units. Should Commercial Development be of interest, the options are innumerable. The Commercial District Conditional Uses list is included with the listing documents. Some of the uses noted are: Research and Testing Facility, Storage and Distribution Facility, Warehousing, Light Industry, Multi-Use Building, PUD, and Multi-Unit Dwelling. It's important to note that this lot currently is comprised of 3 parcels (ref. map + original deed), therefore providing the potential for boundary line adjustments for development purposes. This property provides a tremendous opportunity for developers, growing businesses, new businesses, and ultimately our greater communities!
Status:
Active
Type:
Commercial
Zoning:
Commercial Growth Center
Frontage:
288
Acreage:
46
Est. Taxes:
$9,133
MLS #:
4952243