$299,500

This substantial 2-story brick office bldg of approximately 10,344 sq. ft. is located on a 2.7-acre corner lot (on the SW corner of Mulcahy and Jones Drives). The lot is bisected by Faivre Circle town road with approx. 280 ft frontage on both sides of Faivre Circle. Used as a childcare facility since the late 80s, the building has a crawl space basement, 2 finished floors, and there are 2 fenced in playgrounds, an outdoor amphitheatre and a play house. it is offered for sale by its non-profit owner, Rutland County Parent-Child Center, Inc., at an attractive asking price 50% below its Town Appraisal of $596,200. Although owned for over 20 years, upgrades include a modern propane fired steam boiler, a 200-Amp electrical service and the addition of 2 heat pumps providing better climate control; more recent improvements include creation of the aforementioned amphitheater in 2023 for kids to enjoy performing arts on the easterly portion of its 2.7-acre lot; updating the fire supression (sprinkler) system in 2024 and roof repair in 2025. A Vermont Fire Safety inspection was completed in June, 2026. Its current use is considered a Commercial-1 use (not of a high-impact nature), and other commercial uses are permitted in subject property's "Mixed Use" Town Zoning district. Consult the BLUO: Brandon Land Use Ordinance, last amended on 30 Dec 2014. As residential apartments are the prevailing use in the immediate neighborhood, certainly a conversion to residential apartments should be considered, subject to a change of use permit, given the current high demand for housing.