Listed by Paul Cannizzaro • Cannizzaro Real Estate.
For sale
$1,950,000
Est. $13,478/mo —
10
bd
•
7 ba
•
8,136
sq ft
938-950 Shelburne Rd, South Burlington, VT 05403
About this home
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
South Burlington South, located between Shelburne Road and Spear Street, is a residential and commercial South Burlington neighborhood with wooded edges and a campus-adjacent feel. The neighborhood’s character concentrates around the Shelburne Rd–Dorset St corridor, where local cafés, small eateries, and everyday services line a car-friendly strip. Higher Ground anchors the cultural calendar with live shows in an intimate venue. Healthy Living Market & Café serves as a local staple for groceries and a casual lunch counter. Sidewalks and short connectors lead toward parks and trail segments, while housing ranges from mid-century neighborhoods to newer townhome-style pockets. The landscape shifts from busy arterials to quieter streets framed by mature trees and small green spaces.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Basement with interior access
Basement has bulkhead, exterior access, walkout, insulated concrete floor, climate controlled areas, storage space, and interior stairs
Laundry hookups in multiple units
Surveyed
Bedrooms
Units include two 2-bedroom units on the 2nd level
Additional 2-bedroom units on 1st and 2nd levels
Several 1-bedroom units
Studio units
Bathrooms
Seven full bathrooms across units
Most units have one bathroom each
Kitchen
No specific appliances listed
Laundry & utility
Laundry hookups provided in several units
Flooring
Basement concrete floor
Heating & cooling
Natural gas heating with hot air distribution
Central air conditioning
Exterior features
City corner lot with curb, sidewalks and landscaping
Level lot near shopping, public transportation, hospital and schools
Neighboring business presence
Paved driveway
Dumpster and recycling service
Home design
Apartment building / multi-family property
Existing construction
Corner of Shelburne Road and Brewer Parkway
Parking
1-car garage capacity
Security
No specific security features listed
Construction
Built in 1966
Brick exterior with wood frame and wood siding
Architectural shingle roof
Utilities
Public water
Public sewer
Electric service with circuit breakers (GMP)
On-site gas (Vermont Gas)
Cable and high-speed internet available
Phone service (Choice)
HOA & community
No HOA information listed
Financial info
Operating expenses include insurance, maintenance, snow removal, trash, and water/sewer
Other
Property is comprised of 8 total units (mix of flats, studios and commercial/commercial space)
Some units designated as commercial/commercial space
Units generally leased on an annual basis
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Chittenden County
APN
600-188-11034
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Dec 3, 2025.
Historical weather
South Burlington, VT • 05403
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Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in South Burlington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 938-950 Shelburne Rd
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