Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    207 Riverside Ave Burlington, VT 05401

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-traffic location suitable for multifamily, bank, or restaurant development.

    Lot size:
    1.74 Acres

    Property Features for 207 Riverside Ave

    General Information

    Lot size
    1.74 Acres

    We can help!

    Listing Contact
    Steve Donahue
    Steve Donahue
    Source: Moodyscre

    Listing Agency: Donahue & Associates Listing Agent: Steve Donahue

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

    Learn more

    Overview

    Riverside Avenue Development Opportunity

    This newly subdivided lot is located on Burlington’s high-traffic Riverside Avenue corridor. The flexible zoning allows for a diverse range of possibilities, including a multi-story residential unit building with 30 to 60 units, or a drive-thru restaurant, banking, or credit union location. Riverside Avenue is convenient to the University of Vermont and the University of Vermont Medical Center, two of the area’s largest employers. The site overlooks the Winooski River and a natural area with walking trails. With over 15,300 cars driving by the site daily, this location presents a development opportunity.
    Location Intelligence

    Current Use by Public Records

    Burlington Propane Propane Supplier ADA Auto Sales Car Dealership Laundromat (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1915397
    Latitude
    44.4866521

    Nearby Similar for Sale

    • $774,900
      2,619 SF

      Updated Three-Unit Property in Burlington

      Well-maintained three-unit property with strong income potential in Burlington, VT.
      52 Isham St, Burlington, VT 05401
      View Details
    • $489,000
      2,914 SF

      Downtown Burlington Four-Unit Multifamily Property

      Four-unit multifamily property in downtown Burlington with value-add potential.
      27-29 Lafountain St, Burlington, VT 05401
      View Details
    • $695,000
      1,944 SF

      Burlington Multi-Family with Development Potential

      Multi-family property near UVM with development potential and rental income.
      246 East Ave, Burlington, VT 05401
      View Details
    • $844,000
      2,568 SF

      Historic Burlington Multi-Family Investment

      Charming 3-unit property in Burlington's vibrant Old North End.
      103 North Champlain St, Burlington, VT 05401
      View Details
    • $914,000
      3,105 SF

      Burlington Triplex Investment Opportunity

      Well-maintained triplex in Burlington's O.N.E. with income potential.
      227-229 Intervale Ave, Burlington, VT 05401
      View Details
    • $2,650,000
      12,000 SF

      Downtown Burlington Commercial Opportunity

      Versatile 12,000+ sqft building in Burlington's heart.
      108 S Winooski Ave, Burlington, VT 05401
      View Details
    • New
      $300,000
      2,028 SF

      Burlington Duplex: Investor Opportunity

      Duplex in Burlington's Old North End, great investment potential.
      174-176 North Champlain St, Burlington, VT 05401
      View Details
    • $725,000
      1,848 SF

      Burlington Duplex with Income Potential

      Updated duplex near Church Street Marketplace with strong income.
      94 Park St, Burlington, VT 05401
      View Details
    • $799,000
      2,849 SF

      Burlington Multi-Family Near UVM

      Multi-family property in excellent location between UVM and downtown.
      61 South Union St, Burlington, VT 05401
      View Details
    • $684,000
      2,156 SF

      Burlington Triplex Investment Opportunity

      Well-maintained 3-unit property in Burlington's ONE neighborhood.
      35 Saint St Mary's, Burlington, VT 05401
      View Details
    • $695,000

      Residential Income Property Near UVM

      Income-generating property near the University of Vermont Medical Center.
      246 East Ave, Burlington, VT 05401
      View Details
    • $844,000

      Historic Burlington Triplex Investment Property

      Bright, well-maintained 3-unit property in Burlington's Old North End.
      103 North Champlain St, Burlington, VT 05401
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic location suitable for multifamily, bank, or restaurant development.
    Where is this land located?
    The property is located at 207 Riverside Ave Burlington, VT.
    What are key features of this property?
    This property features: - High-traffic location on Riverside Avenue with over 15,300 daily car count.; - Flexible zoning allows for diverse development options including multifamily, restaurant or bank.; - Potential for **30-60 multi-story residential units**.
    (802) 862-6880 Call to check price and availability
    Request Owner's contact information
    207 Riverside Ave Burlington, VT 05401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    207 Riverside Ave
    Burlington, VT 05401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    207 Riverside Ave Burlington, VT 05401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Steve Donahue
    Steve Donahue
    Real Estate License ID: 0810004508
    (802) 862-6880 (802) 324-0937
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!