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Listed by Dexter Degre • Jim Campbell Real Estate
$ 320,000
Est. payment | /mo
1.99 Acres Lot
$ 320,000
Est. payment | /mo
1.99 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5103602
Annual Tax Amount $6,757
Tax Year 2026
Lot Size 1.990 Acres
Acres 1.99
Property Description
Prime 1.99-acre commercial development opportunity located on highly visible and heavily traveled US Route 5 (Derby Road) in Derby, Vermont. Situated at 3319 US Route 5, this property offers outstanding exposure in one of the area's most desirable commercial corridors, making it an ideal location for retail, office, service, mixed-use, or residential development. Property is served by public water and public sewer and benefits from existing utility and infrastructure improvements remaining from its previous use as a bowling alley, potentially reducing future development costs. The existing building is in poor condition but the 3,630 +/- SF structure on and 100' x 33' concrete slab may present a redevelopment or salvage opportunity, or remove the structure and start fresh. Approx. 0.51+/- acres are encumbered by a power company easement; however, a substantial portion of the parcel remains available for development, including the majority of the valuable road frontage. Preliminary site planning has demonstrated the property's development potential, with recent conceptual plans accommodating a retail building of approximately 9,100 square feet along with on-site parking. Located within the Village Commercial Derby Center (VC/DC) Zoning District, the property allows for a broad range of permitted commercial and residential uses, providing flexibility for investors, developers, or owner-users. Whether you're planning retail, professional offices, hospitality, multi-family housing, or another permitted use, this property offers the location, visibility, municipal services, and development potential to bring your vision to life. Take advantage of this exceptional opportunity to secure a highly visible commercial parcel in one of Derby's busiest traffic corridors with an Annual Average Daily Traffic (AADT) count of approximately 8,335 vehicles (2025 data, Location ID P140, VT Agency of Transportation)
Location
State VT
County Vt-orleans
Area Vt-Orleans
Zoning VC/DC (Derby)
Exterior
Utilities Available Other
Building
Sewer Public
Nearby Locations
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Kris Labrake
REALTOR® | Lic# 070372