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279 N Winooski Ave 2,720 SF 100% Leased Office Building Burlington, VT 05401 $652,218 CAD ($239.79 CAD/SF)



Executive Summary
The property consists of a 1,995 +/- SF parcel of land improved with a 4,082 +/- SF wood-frame building constructed in 1948. The building has been renovated into a drop-in center and has an open floor plan with a full kitchen and an ADA half bath on the ground floor, as well as an ADA full bathroom (shower only), an office and a large meeting above the latter on the second floor. The building is not sprinklered but has a new fire alarm system. The basement has been renovated as well and is fully insulated and dry. The property has been rewired and replumbed to fully meet code and is heated and air conditioned. The land has a 100-year ground lease with Champlain Housing Trust (CHT). On bus route, located along one of the primary corridors of Burlington’s Old North End. Needs nothing!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,720 SF
Building Class
B
Year Built
1948
Price
$652,218 CAD
Price Per SF
$239.79 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,360 SF
Building FAR
1.25
Lot Size
0.05 AC
Zoning
Neighborhood, Mixed-Use
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Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
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279 N Winooski Ave
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