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120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446120 Hegeman Avenue Colchester VT 05446
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  • 0.82Acreage
  • 1898Year Built
  • 20,078Square Feet
  • 44.78PricePerSqFt
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.
Listed by David Raphael of Artisan Realty of Vermont

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Basic Information

  • StatusACT
  • Modification Date05/17/2026
  • List Price$899,000
  • Broker NameArtisan Realty of Vermont
  • MLS Number5080240

Amenities

  • PricePerSqFt44.78

Other

  • Date Listed03/22/2026

Location

  • Building Number120
  • StreetHegeman Avenue
  • TownColchester
  • StateVT
  • Zip05446
  • CountyChittenden
  • Address120 Hegeman Avenue

Building

  • Year Built1898
  • Square Feet20,078
  • Garage Spaces0.00

Property

  • Acreage0.82
  • Parking SpacesDriveway, Off Street, Parking Spaces 1 - 10
  • Property TypeCommercial Sale
  • AreaVT-Chittenden

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 15, 2026 6:07 AM UTC

 

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