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Mixed-Use Property with Retail
For Sale
Contact for pricing
Pending

215 Riverside Ave., Burlington, VT 05401

Two-level commercial property includes a laundromat, propane business, shop, and office space.

Property Size3,368 SF
Days on Market487

Property Features for 215 Riverside Ave.

General Information

Standard status Pending
Size 3,368 SF
Property subtype Retail, Multifamily, Office, Land, Business for Sale
Zoning NAC-R

Additional Details

Business Included Yes
Road Access Yes

Building Details

Year Built 1965
Year Renovated 2004
Stories 2
Listing Agency: Donahue & Associates
Listed By: Steve Donahue · License #VT 081-0004508
Source: Crexi
Added: May 1, 2025 Changed: Aug 30 Last Checked: Aug 30 at 5:28AM

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 Donahue & Associates

Investment Insights

Based on property information with market context.

This mixed-use property includes a laundromat and propane business, both included with the real estate purchase. The improvements also feature a small shop with office space arranged across a two-level building. The property was built in 1965 and has a reported property size of 3,368.

NAC-R zoning is identified as supporting a housing project, with the possibility of adding an apartment level above the existing commercial uses. The site offers access through a lighted intersection and views of the Winooski River Salmon Hole. UVM Medical Center and the University of Vermont are identified among the area’s major employers with convenient access from the property.

Key Highlights

  • Laundromat and propane business included with the real estate purchase
  • Two‑level building with a small shop and office space
  • NAC‑R zoning identified as supporting a housing project

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Barber Shop Veterinary Clinic Nail Salon

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

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,874
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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level commercial property includes a laundromat, propane business, shop, and office space.
Where is this mixed-use property located?
The property is located at 215 Riverside Ave. Burlington, VT.
What are key features of this property?
This property features: Laundromat and propane business included with the real estate purchase; Two‑level building with a small shop and office space; NAC‑R zoning identified as supporting a housing project
(802) 862-6880 Call to check price and availability
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