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    495-497 Colchester Ave Burlington, VT 05401

    For Sale
    $1,750,000

    Historic building with potential for redevelopment in Burlington, Vermont.

    Property size:
    8,456 SF
    Lot size:
    0.10 Acres

    Property Features for 495-497 Colchester Ave

    General Information

    Size
    8,456 SF
    Lot size
    0.10 Acres

    Source: V/T Commercial Agent Tony Blake

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Burlington Building For Sale

    The property at 495 Colchester Avenue is situated within an historic district. Constructed around 1840, the building features brick and post and beam construction. Originally, it served as a Blacksmith and Wheelwright shop and is considered the oldest industrial building in Burlington. At the turn of the 20th century, the building transitioned into a grocery store and second-hand shop. Before World War I, the cellar accommodated a pool hall that was frequented by cavalry soldiers from nearby Fort Ethan Allen. Following the historic flood of 1927, the road and bridge on Colchester Avenue were raised, which effectively encased the ground floor in dirt and sand for nearly a century. The property has a size of 8,456 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Honey Flora, Heavenscent Floral Art

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1863351
    Latitude
    44.4882796

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    FAQs

    What type of property is this?
    Storefront property - Historic building with potential for redevelopment in Burlington, Vermont.
    Where is this storefront property located?
    The property is located at 495-497 Colchester Ave Burlington, VT.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Oldest industrial building in Burlington.; - Historic district location.; - **Brick and post and beam construction (circa 1840).**
    (802) 343-0119
    Request Owner's contact information
    495-497 Colchester Ave Burlington, VT 05401
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    Burlington, VT 05401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    495-497 Colchester Ave Burlington, VT 05401
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