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495 Colchester Ave 8,456 SF 100% Leased Retail Building Burlington, VT 05401 $2,373,175 CAD ($280.65 CAD/SF)



Investment Highlights
- Lots of natural light
- Located right along the Winooski River
Executive Summary
Own a piece of Burlington’s History. 495 Colchester Avenue is located in an historic district and was built around 1840 using brick and post and beam construction for use as a Blacksmith and Wheelwright shop. It is currently thought to be the oldest industrial building in Burlington. At the turn of the 20th century, it was used as a grocery store and second hand store. In the years before World War I, the cellar housed a pool hall that was frequented by cavalry soldiers from nearby Fort Ethan Allen. In the aftermath of the historic flood of 1927, the road and bridge on Colchester Ave were raised, essentially encasing the ground floor in dirt and sand for nearly a 100 years.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
8,456 SF
Building Class
B
Year Built
1822
Price
$2,373,175 CAD
Price Per SF
$280.65 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.10 AC
Zoning
NMU - Neighborhood Mixed Use
Frontage
140’ on Mill Street
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | (035) 041-4-017-000 | Improvements Assessment | $996,455 CAD |
| Land Assessment | $345,596 CAD | Total Assessment | $1,342,050 CAD |
Property Taxes
Parcel Number
(035) 041-4-017-000
Land Assessment
$345,596 CAD
Improvements Assessment
$996,455 CAD
Total Assessment
$1,342,050 CAD
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495 Colchester Ave
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