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Restaurant Space with Hood System
For Lease
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135 Pearl St, Burlington, VT 05401

Dining and food-preparation areas come with installed restaurant infrastructure and one rear parking space.

Space Size1,706 SF
Days on Market11

Property Features for 135 Pearl St

General Information

Standard status Active
Size 1,706 SF
Total Parking Spaces 1
Property subtype RETAIL

Space & Availability

Space Use Restaurant
Furnished No

Restaurant

Commercial Hood Yes
Grease Trap Yes
Equipment Included No

Spaces For Lease

at 135 Pearl St
Restaurant Space! $4,200/Mo
Size 1,706 SF
Type RETAIL
Lease Type PLUS_UTILITIES
Availability AVAILABLE, Completion
VT Commercial is pleased to offer for lease this small restaurant space located within a few footsteps from top of Church Street at 135 Pearl Street. Currently permitted for 49 patrons and staff. Lots of natural light in the dining room, hood system, large walk in cooler, 3 bay sink, handwashing sink and grease trap in place. Currently operated as Grey Jay. They have been here for nearly 5 years. Complete with 2 bathrooms, entry/hostess counter, small office to run the business, dry storage, prep area, dish washing area (dishwasher is rented) 1 caged storage area in the basement and 1 parking space out back included in the rent. Misc furnishings and misc equipment also for sale.
Contact us
Listing Agency: V/T Commercial
Listed By: Tony Blake
Source: Moodyscre
Added: Sep 25 Changed: Sep 29 Last Checked: Oct 4 at 11:15AM

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 V/T Commercial

Investment Insights

Based on property information with market context.

This 1,706-square-foot restaurant space has a dining room with natural light and a kitchen setup that includes a hood system, walk-in cooler, three-bay sink, handwashing sink, and grease trap. The layout also provides two bathrooms, an entry counter, a small business office, dry storage, prep and dishwashing areas, plus caged basement storage. A dishwasher is rented, and miscellaneous furnishings and equipment are available for purchase.

The property is at 135 Pearl St in Burlington, a short walk from the top of Church Street. One parking space behind the building is included in the rent. The restaurant is currently permitted for 49 patrons and staff.

Key Highlights

  • 1,706 square feet of restaurant space
  • Permitted capacity for 49 patrons and staff
  • Hood system, walk‑in cooler, three‑bay sink, handwashing sink and grease trap

Property Analytics

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Current Use

The Grey Jay Restaurant

Suggested Use

Top Pick Locksmith Veterinary Clinic Pet Grooming Service Tanning Salon Electrical Service (Bike/Boat/Book/etc) Store

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

Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$4.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,529
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Food Not Cops — 149 Cherry St, Burlington, VT 05401

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Dining and food-preparation areas come with installed restaurant infrastructure and one rear parking space.
Where is this conventional restaurant located?
The property is located at 135 Pearl St Burlington, VT.
What is the lease rate?
The lease rate is $4,200/Mo.
What are key features of this property?
This property features: 1,706 square feet of restaurant space; Permitted capacity for 49 patrons and staff; Hood system, walk‑in cooler, three‑bay sink, handwashing sink and grease trap
(802) 343-0119 Call to check price and availability
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