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Mixed-Use Building with Basement
For Sale
Contact for pricing
Pending

188 Main Street, Burlington, VT 05401

Main Street property with established NNN tenancy, a vacant third floor, and additional basement space.

Property Size12,274 SF
Days on Market144

Property Features for 188 Main Street

General Information

Standard status Pending
Size 12,274 SF
Property subtype Retail, Office

Additional Details

Gross Income $179,200

Building Details

Buildings 1
Tenancy Single
Listing Agency: VT Commercial
Listed By: Jed Dousevicz · License #VT 082.0006891
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 7:18PM

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 VT Commercial

Investment Insights

Based on property information with market context.

This mixed-use Burlington building provides approximately 12,274 SF plus a full basement. Nectar’s and Club Metronome occupy the property, while the third floor is vacant and could be remodeled for open office use. The building is part of The Brownell Hawley Condominium.

Positioned on Main Street in the heart of Burlington, the property combines an established commercial presence with a currently unoccupied upper level. Existing lease terms include NNN structure, a 3% annual increase each April, expiration in 2027, and 5-year renewal options.

Key Highlights

  • 12,274 +/- SF building plus a full basement
  • Third floor is currently vacant and suited to potential open office remodeling
  • Nectar’s and Club Metronome are established long‑term tenants

Property Analytics

Current Use

Fortune Web Marketing Marketing & Advertising Nectar's Restaurant Club Metronome Nightclub

Suggested Use

Top Pick Locksmith Electrical Service Auto Parts Store Veterinary Clinic Pet Grooming Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,630
Businesses Nearby

Demographics for 05401, VT

32,059
Population
13,898
Households
2.3
Avg Household Size
28
Median Age
63%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
5,256
Density / Sq Mi
$60,532
Median Household Income
$23,422
Median Earnings
$1,614
Median Rent
$463,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main Street property with established NNN tenancy, a vacant third floor, and additional basement space.
Where is this mixed-use property located?
The property is located at 188 Main Street Burlington, VT.
What are key features of this property?
This property features: 12,274 +/- SF building plus a full basement; Third floor is currently vacant and suited to potential open office remodeling; Nectar’s and Club Metronome are established long‑term tenants
More about this property
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