Listed by Warren Palm with BHHS Vermont Realty Group/S Burlington 802-658-5555
Active
0 Bombardier Road Unit: 1
Milton VT, 05468
$2,800,000
Active
Commercial
Large 20+ acre lot centrally located in Milton. High density zoning, only 6000sqft of lot area required for each unit, the owner has gotten a 50% density bonus in the process of subdivision so there is the potential, depending on design and type of housing or mix of housing for up to 160+/- units. See attached sections of zoning regs. and the final subdivision approval. This lot is one of 3 lots subdivided off the original 39 acre parcel. Lot # 3 is under deposit. Lot #2 will be the 6 acres parcel that the town now owns for their new parking garage. There are a lot of pluses with this location, it is adjacent to the towns 30+ acres of recreation area, dog park and events area; short walk to shopping and many other commercial establishments; only a few blocks to the schools; the town library is next door. Because of Lot #3 proposed development the Lot #2 town garage lot, almost half the road separating lots 1 and 3 will be built by developer and town, gas, power, sewer and water will be stubbed to that point, pumping station will be installed by the portion of lot #3 that will be developed but will need to be expanding on existing easement for Lot #1 development. Zoning allows max of 8 units for structure, if multi family are proposed, and each 8 unit structure would have to be on its own lot. There can be single family or any # of multi or condo type up to 8 units. Please, consult the info attached to the listing for more zoning info and plot plans. Land Listing 4950611.
4950613
MLSⓇ ID
May 1, 2023
Listed
November 22, 2024
Updated
Map
0 Bombardier Road Unit: 1
Milton VT, 05468
Interior Features
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
20.86 Acres
Lot Features
Business District, In Town, Near Shopping, Level
Sewer
Public Sewer at Street, Pumping Station
Other Property Details
Area Name
VT-Chittenden
Days on Market
273
Garage
No
Parking
Other
View
No
Water Source
Public, Public Water - At Street
Pool
No
Listed by Warren Palm with BHHS Vermont Realty Group/S Burlington 802-658-5555
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