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Residential Land for 4 Units
For Sale
$124,000

165 E Spring Street, Winooski, VT 05404

Corner development lot with updated zoning permitting a 4-unit project near Winooski Circle amenities.

Property Size7,405 SF
Price / SF$16.75
Days on Market95

Property Features for 165 E Spring Street

General Information

Standard status Active
Size 7,405 SF
Property subtype Land
Zoning R-C
Listing Agency: Continental Real Estate Group,Inc.
Listed By: Derek Eisenberg · License #RM062792A
Source: Sugarbushrealestate
Added: May 6 Changed: Aug 8 Last Checked: Aug 8 at 8:09AM

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 Continental Real Estate Group,Inc.

Investment Insights

Based on property information with market context.

This is a residential development lot currently approved for a duplex, with recently updated R-C zoning now permitting higher-density construction for a 4-unit development. The site features sloped terrain, which can support multi-level design concepts, including living space above a garage. Subdivision approval is already in place, providing a defined path forward for the next phase of site planning and design.

The property is positioned close to Winooski Circle and is described as being within about an 8-minute drive to the Winooski Rotary dining and shops. It is also noted as being near UVMMC. The area context includes an East Springs streetscape plan described as a “green street” redesign, with a dedicated bike lane on the north side and a sidewalk on the south side, along with narrower traffic lanes intended to reduce traffic velocity.

For developers and builders seeking an already-entitled parcel with the ability to pursue 4 units under current R-C zoning, this lot offers an established entitlement framework and a workable topography for creative, modern layouts. Its location near key daily amenities and employment-related draw points may support a range of residential development strategies consistent with the permitted density.

Key Highlights

  • Updated R‑C zoning permits a higher‑density 4‑unit development on the corner lot at 165 East Springs.
  • Subdivision is approved (originally for a duplex), with density increased to allow 4 units under the updated zoning.
  • Sloped terrain allows for multi‑level unit design options with living space above a garage.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage Real Estate Agency Daycare 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.

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby

Demographics for 05404, VT

7,981
Population
3,952
Households
2
Avg Household Size
34
Median Age
56%
College-Educated
92%
High-School Grad
1.4 sq mi
ZIP Area
5,701
Density / Sq Mi
$77,020
Median Household Income
$42,254
Median Earnings
$1,635
Median Rent
$350,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner development lot with updated zoning permitting a 4-unit project near Winooski Circle amenities.
Where is this residential land & home lot located?
The property is located at 165 E Spring Street Winooski, VT.
What is the asking price?
The asking price for this property is $124,000.
What are key features of this property?
This property features: Updated R‑C zoning permits a higher‑density 4‑unit development on the corner lot at 165 East Springs.; Subdivision is approved (originally for a duplex), with density increased to allow 4 units under the updated zoning.; Sloped terrain allows for multi‑level unit design options with living space above a garage.
More about this property
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