+/- 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!
MLS# | 4952243 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 424 |
Listing Provided By | Your Journey Real Estate | Leigh Horton |
Zoning | Commercial Growth Center |
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Acreage | 46.00 |
State | VT |
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County | Franklin |
City | St. Albans Town |
Zip Code | 05478 |
Listing VS Median (in 05478) | |
Price: $449,000 low | high Med: $350,000 On Site: 424 low | high Med: 151 |