Multifamily Redevelopment
150 East Allen Street Winooski, VT 05404
150 East Allen Street, Winooski, VT, 05404
$3,250,000
For Sale
$3,250,000
Five contiguous residential dwellings in downtown Winooski with prior approvals and density upside.
Property Size60,548 SF
Price / SF$53.68
Days on Market743
Property Features for 150 East Allen Street
General Information
- Standard status
- Active
- Size
- 60,548 SF
- Property subtype
- Multi Family
Listing agency
Flex Realty
(802) 399-2860
Listed by
Flex Realty Group
(802) 399-2860
Source
Compass
Added: Jul 10, 2024 Updated: Jul 20 at 6:17PM Checked: Jul 21 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flex Realty
Investment Insights
Based on property information with market context.
This offering currently consists of five contiguous residential dwellings in the downtown core of Winooski. The project was previously permitted for 186 units, and favorable changes to the Winooski parking requirement may support greater density. While previously Act 250 approved, the property is described as eligible for an Act 250 exemption through Vermont’s priority housing initiative, and the location is also noted as an opportunity zone.
The site is positioned on a hillside overlooking the Casavant Nature Preserve. The property is described as within walking distance to restaurants, shops, and the riverwalk, supporting a walkable urban redevelopment concept.
For buyers, the stated opportunity is to design and build new construction, with the possibility of mixed-use development in the heart of Chittenden County, building on the area’s ongoing revitalization efforts.
The site is positioned on a hillside overlooking the Casavant Nature Preserve. The property is described as within walking distance to restaurants, shops, and the riverwalk, supporting a walkable urban redevelopment concept.
For buyers, the stated opportunity is to design and build new construction, with the possibility of mixed-use development in the heart of Chittenden County, building on the area’s ongoing revitalization efforts.
Key Highlights
- Five contiguous residential dwellings in the downtown core of Winooski
- Previously permitted for 186 units, with density upside tied to changes in Winooski parking requirements
- Prior Act 250 approval; project is eligible for an Act 250 exemption through Vermont’s priority housing initiative
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five contiguous residential dwellings in downtown Winooski with prior approvals and density upside.
Where is this apartment building located?
The property is located at 150 East Allen Street 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: Five contiguous residential dwellings in the downtown core of Winooski; Previously permitted for 186 units, with density upside tied to changes in Winooski parking requirements; Prior Act 250 approval; project is eligible for an Act 250 exemption through Vermont’s priority housing initiative
