120 Hegeman Avenue, Colchester, VT

Name: 120 Hegeman Avenue, For Sale in Colchester - Zoocasa
Brand: Artisan Realty of Vermont
SKU: 5080240
Price: 975000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$975,000

000

MLS® 5080240

Overview

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes

Days Active 6

Approx. Age 1898

MLS® Number 5080240

Property Address: 120 Hegeman Avenue, Colchester, VT, 05446

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic investment opportunity with significant upside potential. Fort Ethan Allen Mini Storage is a well positioned, 126 unit self storage facility made up of three buildings in a highly accessible location. The primary brick building totals approximately 15, 224 SF and offers a mix of climate controlled and non climate controlled units on both the first and second floors, providing flexible options for a variety of tenant needs. A local church currently leases gathering space in this building under a lease running through October 2030, providing stable income. Historically, many of the climate controlled units have been leased as both storage and office spaces, creating diversified revenue streams. Two additional metal buildings, totaling approximately 2, 646 SF and 2, 200 SF, contain 47 self storage units with roll up doors and direct drive up access, which are highly desirable for tenants seeking convenience and ease of loading. Inside the complex, there are currently two larger spaces that could be reconfigured to increase both the unit count and gross rentable area, offering a clear path for future income growth. One unused area, already served by a garage door, is ideally suited for a contractor or user needing dedicated drive up access. Operations are streamlined through modern online self storage management software, allowing for efficient leasing and rent collection. The asking price reflects a 6.6% cap rate, making this an attractive option for investors seeking stable cash flow with room to grow.

MLS® Number5080240

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1898

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 22, 2026List Date

$975,000List Price

Map

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