1598 US Route 302, Berlin, VT, 05602 | $1,475,000

Prime Commercial Opportunity in Berlin, VT – Land, Building & Business Included! Seize a unique opportunity to acquire a fully operational business along the high-traffic US Route 302 corridor in Berlin, VT. This offering includes the land, building, and an established business, making it a turnkey investment for any entrepreneur looking to step into a successful operation. The property boasts excellent visibility and a prime location just minutes from downtown Barre and I-89, ensuring strong customer access and high exposure. The building is well-suited for a variety of commercial uses, with plenty of space for retail, office, or service-based operations. With ample parking and a generous lot size, there is potential for expansion or future development. Whether you’re looking to take over an existing business or reimagine the space for something new, this property offers endless possibilities. Property Highlights: Includes land, building, and established business Prime location with high visibility on US Route 302 Business ready for immediate operation or transition Flexible space ideal for retail, office, or service industries Close to I-89 and downtown Barre for easy access Ample parking for customers and employees Large lot with room for future expansion or redevelopment Don’t miss this rare opportunity to own both a thriving business and a prime commercial property.

Features

  • Property Type: Business,Development,Investment,Land,Retail
  • Parking: On-Site,Parking Spaces 11 - 20
  • Zoning: Commercial
  • Frontage: 151
  • Year Built: 1972
  • Approx Sq. Feet: 12,320
  • Acreage: 1.26
  • Est. Taxes: $15,840
  • MLS#: 5028167
  • Website: https://www.raveis.com
    /prop/5028167/1598usroute302_berlin_vt?source=qrflyer
©2025 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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 4/8/2025

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Carl SchmittVice President of Business Development

203.952.4997

Carl.Schmitt@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Theresa GivensVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1870734

203.225.2554

Theresa.Givens@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Mark GreeneVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 115078

860.305.7387

Mark.Greene@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1598 US Route 302, Berlin, VT, 05602

$1,475,000

Carl Schmitt

Vice President of Business Development

William Raveis Real Estate

Phone: 203.952.4997

Carl.Schmitt@raveis.com

Theresa Givens

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.225.2554

Theresa.Givens@raveis.com

NMLS Mortgage Loan Originator ID 1870734

Mark Greene

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.305.7387

Mark.Greene@raveis.com

NMLS Mortgage Loan Originator ID 115078

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,180,000 $1,180,000 $1,180,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.375% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.565% 6.475% 6.183%
Monthly Tax Payment $1,320 $1,320 $1,320
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,608 $7,362 $9,958
Total Monthly Payment $8,053 $8,807 $11,403

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.