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    207 Riverside Ave Burlington, VT 05401

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    For Sale
    $1,250,000

    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

    Source: Donahue & Associates Agent Steve Donahue

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

    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 Used Car Dealer Laundromat Laundromat

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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

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    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 is the asking price?
    The asking price for this property is $1,250,000.
    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) 324-0937
    Request Owner's contact information
    207 Riverside 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
    207 Riverside Ave Burlington, VT 05401
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