Perfect high visibility retail/office location. See attached pro forma. Enjoy a 7.6% cap rate and well maintained buildings. 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. 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
Active
Listed by: Cannizzaro Real Estate • Paul Cannizzaro
Price cut: $250K (9/4)
$1,950,000
938-950 Shelburne Road, South Burlington, VT 05403
10beds
8,136sqft
Multi Family
Built in 1966
-- sqft lot
$-- Zestimate®
$240/sqft
$-- HOA
What's special
Four apartmentsFull heated basementStrong curb appealAdditional garage door accessTwo upstairs apartmentsOnsite parking
- 115 days
- 180
- 9
Zillow last checked:
Listing updated:
Listed by:
Paul Cannizzaro,
Cannizzaro Real Estate 802-862-9700
Source: PrimeMLS,MLS#: 5071105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Natural Gas, Hot Air
Cooling
- Central Air
Features
- Basement: Bulkhead,Climate Controlled,Concrete Floor,Full,Insulated,Interior Stairs,Storage Space,Walkout,Exterior Entry,Basement Stairs,Interior Entry
Interior area
- Total structure area: 10,470
- Total interior livable area: 8,136 sqft
- Finished area above ground: 8,136
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, Auto Open, Heated Garage, Garage, On Site, Parking Spaces 11 - 20
- Garage spaces: 1
Features
- Levels: Two
- Frontage length: Road frontage: 148
Lot
- Size: 0.43 Acres
- Features: City Lot, Corner Lot, Curbing, Landscaped, Level, Neighbor Business, Sidewalks, Near Shopping, Near Public Transit, Near Hospital, Near School(s)
Details
- Zoning description: Higher Scale Mixed
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Brick Exterior, Wood Siding
- Foundation: Poured Concrete, Stone
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable at Site, Gas On-Site
Community & HOA
Location
- Region: South Burlington
Financial & listing details
- Price per square foot: $240/sqft
- Annual tax amount: $25,538
- Date on market: 6/10/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,954/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $1,950,000-11.4%$240/sqft |
Source: | ||
| 5/26/2026 | Listed for sale | $2,200,000$270/sqft |
Source: | ||
| 5/2/2026 | Listing removed | $2,200,000$270/sqft |
Source: | ||
| 12/3/2025 | Listed for sale | $2,200,000$270/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







