Corner Flex Building with Drive-In
134 Archibald Street Burlington, VT 05401
134 Archibald Street, Burlington, VT, 05401
$650,000
For Sale
$650,000
Dual-metered corner building with two overhead drive-in doors, paved and gated parking, and office-plus-flex interior layout.
Property Size3,240 SF
Price / SF$200.62
Days on Market122
Property Features for 134 Archibald Street
General Information
- Standard status
- Active
- Size
- 3,240 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing agency
Coldwell Banker Carlson Real Estate
Listed by
Smith Macdonald Group
(802) 862-6677
Source
Buyvtrealestate
Added: Mar 22 Updated: Jul 20 at 10:27PM Checked: Jul 21 at 7:06AM
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 Coldwell Banker Carlson Real Estate
Investment Insights
Based on property information with market context.
This corner commercial building offers a flexible office and flex configuration designed to support multiple operating scenarios. The property includes rubber roofing, hardy board siding with vinyl above, concrete and epoxy flooring, and an open floor plan. Two separate gas and electrical meters support an arrangement across two independent tenant spaces, and the building features two overhead drive-in doors.
Good signage and paved, gated parking are available on site. The property is located at Archibald Street near Bright Street in Burlington’s Old North End, providing convenient access for business operations that benefit from direct drive-in functionality.
With its dual-metered setup and drive-in improvements, the building is well suited to a range of commercial uses, including light industrial, contractor or trade services, auto-related operations, creative or maker workspace, retail, professional office, or combinations of uses across the two tenant areas.
Good signage and paved, gated parking are available on site. The property is located at Archibald Street near Bright Street in Burlington’s Old North End, providing convenient access for business operations that benefit from direct drive-in functionality.
With its dual-metered setup and drive-in improvements, the building is well suited to a range of commercial uses, including light industrial, contractor or trade services, auto-related operations, creative or maker workspace, retail, professional office, or combinations of uses across the two tenant areas.
Key Highlights
- Corner commercial building in Burlington’s Old North End at Bright and Archibald Street
- Currently configured with office space plus a flexible open floor plan suited to multiple uses
- Dual‑metered setup with two separate gas and electrical meters and two independent tenant spaces
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.9k | $24.96 |
| − Vacancy | −$970 | −$0.30 |
| EGI | $79.9k | $24.66 |
| − OpEx | −$28.0k | −$8.63 |
| NOI | $51.9k | $16.03 |
3,240 SF · lease $24.96/SF/yr · vacancy 1.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$741.9K
$649.2K – $865.6K
NOI $51,935 @ 7.0% cap · market cap 7.99%
Second Best
Office B
$649.9K
$568.6K – $758.2K
NOI $45,490 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$888.7K
$777.6K – $1.04M
NOI $62,208 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- INTI — 83 N Champlain St, Burlington, VT 05401
- Bluebird Barbecue — 317 Riverside Ave., Burlington, VT 05401
FAQs
What type of property is this?
Flex space - Dual-metered corner building with two overhead drive-in doors, paved and gated parking, and office-plus-flex interior layout.
Where is this flex space located?
The property is located at 134 Archibald Street Burlington, VT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Corner commercial building in Burlington’s Old North End at Bright and Archibald Street; Currently configured with office space plus a flexible open floor plan suited to multiple uses; Dual‑metered setup with two separate gas and electrical meters and two independent tenant spaces
