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276 North Ave
Burlington, VT 05401
Retail Property For Sale
Investment Highlights
- Natural light
- Located along high trafficked road
Executive Summary
Built in 1950, this property was the home of Yankee Medical for many years, and was originally built to house a furniture store. Upper level offers 8,528 +/- SF of space with large windows fronting North Avenue, and lower level has 8,616 +/- SF of storage with an at-grade access from the North side. 400 Amp Three-Phase power. Parking on both the north and south sides of the property, with the parking on the north side leased from the Genesee and Wyoming Railroad. Lot was freshly paved in 2022. Zoning is Residential – Corridor.
On bus route, located directly across from Cambrian Rise, walking distance to downtown and the new Burlington High School.
On bus route, located directly across from Cambrian Rise, walking distance to downtown and the new Burlington High School.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
17,144 SF
Building Class
C
Year Built
1990
Price
$1,245,572 CAD
Price Per SF
$72.65 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
1.00
Lot Size
0.39 AC
Zoning
Residential - Medium Density
Parking
15 Spaces (0.87 Spaces per 1,000 SF Leased)
Frontage
72’ on North Avenue
Property Taxes
| Parcel Number | (035) 038-4-035-000 | Improvements Assessment | $432,401 CAD |
| Land Assessment | $488,487 CAD | Total Assessment | $920,888 CAD |
Property Taxes
Parcel Number
(035) 038-4-035-000
Land Assessment
$488,487 CAD
Improvements Assessment
$432,401 CAD
Total Assessment
$920,888 CAD
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