150 East Allen St Winooski, VT 05404
Land in downtown Winooski with potential for mixed-use development.
Lot size:
1.39 AcresProperty Features for 150 East Allen St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 1.39 Acres
Source:
Elliman
Listing Agency: Flex Realty Listing Agent: Flex Realty Group
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Winooski Land with Development Potential
Located in the downtown core of Winooski, this property currently consists of five contiguous residential dwellings. It was previously permitted for 186 units, and favorable changes to the Winooski parking requirements may allow for greater density. The project was previously Act 250 approved and is now eligible for an Act 250 exemption through Vermont's priority housing initiative. The location is also deemed an opportunity zone, which may provide other tax incentives. This property offers the opportunity to design and build mixed-use new construction. It is situated on the hillside overlooking the Casavant Nature Preserve and is within walking distance of restaurants, shops, and the riverwalk. This project could complement the ongoing revitalization of the city's corridors.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Winooski
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.1927133
- Latitude
- 44.4911619
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Land in downtown Winooski with potential for mixed-use development.
Where is this commercial land located?
The property is located at 150 East Allen St Winooski, VT.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: - High-density development potential due to favorable changes in parking requirements.; - Act 250 exemption eligibility through Vermont's priority housing initiative.; - Located in a designated opportunity zone with potential tax incentives.
