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  • Listed by: Coldwell Banker Hickok and Boardman • Lipkin Audette Team
    Price cut: $80K (6/1)
    $799,000

    14312 Route 116, Hinesburg, VT 05461

    3beds
    9,000sqft
    : 
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    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $89/sqft
    $-- HOA

    What's special

    High visibilityFull commercial kitchenHigh-visibility corridorAmple parking
    Rare mixed-use commercial investment opportunity in Hinesburg, Vermont. Approximately 11,000 sq ft on 1.4 acres with high visibility and ample parking, priced below appraised value. Existing commercial infrastructure, residential income, and expansion potential offer multiple value-add paths. The property is currently configured as a mixed-use commercial building with an operating retail/restaurant layout and an attached 3 bedroom 2 bath apartment providing immediate income potential. Commercial improvements include a full commercial kitchen, multiple walk-in coolers/freezers, and a Large dual oven commercial wood-fired pizza oven, significantly reducing startup costs for future tenants or owner-operators. Situated on 1.4 acres in the Agricultural Zoning District, the property offers substantial unfinished space suitable for storage, additional commercial use, or potential residential expansion (subject to zoning and permitting). Former fuel tanks have been inspected and environmentally cleared, allowing optional reactivation of the gas station component. Recent capital improvements include geothermal heat and A/C, All new plumbing and electrical upgrades, All energy assessment recommendations were addressed lowering long-term operating costs. This asset presents a compelling opportunity for an investor seeking current utility with long-term redevelopment or repositioning upside in a high-visibility corridor.
    380 days
    |
    343
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lipkin Audette Team,

    Coldwell Banker Hickok and Boardman Phone:802-846-8800

    Source: PrimeMLS,MLS#: 5048452MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      Heating
      • Geothermal, Heat Pump
      Cooling
      • Central Air
      Features
      • Flooring: Concrete, Vinyl Plank
      • Basement: Partial,Unfinished,Interior Entry
      Interior area
      • Total structure area: 11,300
      • Total interior livable area: 9,000 sqft
      • Finished area above ground: 9,000
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 21
      • Parking features: Dirt, Parking Spaces 21+, Unpaved
      Features
      • Levels: Two
      • Patio & porch: Patio, Covered Porch
      • Exterior features: Deck, Garden
      • Fencing: Partial
      Lot
      • Size: 1.4 Acres
      • Features: Country Setting, Level, Major Road Frontage, Near Golf Course
      Details
      • Zoning description: Agricultural

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Block, Stone
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1948

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: 1500+ Gallon, Private Sewer, Septic Tank
      • Water: Drilled Well, Private
      • Utilities for property: Cable Available, Telephone at Site

      Community & HOA

      Location
      • Region: Hinesburg

      Financial & listing details

      • Price per square foot: $89/sqft
      • Annual tax amount: $8,546
      • Date on market: 6/25/2025
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/1/2026Price change$799,000-9.1%$89/sqft
        Source: PrimeMLS #5048452 Report a problem
        1/2/2026Price change$879,000-2.2%$98/sqft
        Source: PrimeMLS #5048452 Report a problem
        12/1/2025Price change$899,000-5.3%$100/sqft
        Source: PrimeMLS #5048452 Report a problem
        10/31/2025Price change$949,000-4.7%$105/sqft
        Source: PrimeMLS #5048452 Report a problem
        9/9/2025Price change$996,000-8.2%$111/sqft
        Source: PrimeMLS #5048452 Report a problem
        9/8/2025Price change$1,085,000-1.3%$121/sqft
        Source: PrimeMLS #5048452 Report a problem
        7/30/2025Price change$1,099,000-2.3%$122/sqft
        Source: PrimeMLS #5048452 Report a problem
        6/25/2025Listed for sale$1,125,000-22.4%$125/sqft
        Source: PrimeMLS #5048452 Report a problem
        6/24/2025Listing removed--
        Source: Owner Report a problem
        5/16/2025Price change$1,450,000+3.6%$161/sqft
        Source: Owner Report a problem
        4/14/2025Listed for sale$1,400,000$156/sqft
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 05461

        Getting around

        7 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hinesburg Community School
        • Middle: Hinesburg Community School
        • High: Champlain Valley UHSD #15
        • District: Champlain Valley UHSD 15

        Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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