Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    231 Maple St Burlington, VT

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $725 /Mo

    Single office in shared suite with natural light and parking.

    Type:OFFICE
    Property size:
    150 SF
    Lot size:
    0.31 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    205
    Last Refresh:
    Mar 29 at 8:44 pm

    Property Features for 231 Maple St

    General Information

    Standard status
    Active
    Size
    150 SF
    Lot size
    0.31 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 231 Maple St Contact us

    We can help!

    Listing Contact
    Linda I Letourneau

    Listing agent Linda I Letourneau

    Listing office V/T Commercial

    Listing date Sep 9, 2025

    Source Moodyscre

    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

    Overview

    First Floor Office Space Available

    This is a single office located on the first floor within a shared suite environment. The suite fosters a holistic healing vibe and includes a shared waiting room, a couple of bathrooms, and a kitchenette. Office #3 features windows that open and provide natural light. The space is square in shape and has wood floors and newly painted light grey walls. On-site parking is available. The tenant is responsible for cleaning their space, sharing in common area responsibilities, and adhering to the rules. Directory signage is provided, and the property is professionally managed. The property size is 150 square feet and is located in Burlington, VT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sallie West, MA ... Marriage Or Relationship Counselor Maple Street Associates: ... Physician Formica Pamela Counselor Maple Street Associates Physician Kristin Grasso MFT Marriage Or Relationship Counselor

    Suggested Use

    Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.2099
    Latitude
    44.4734

    Nearby Similar for Lease

    • Contact for pricing

      Historic Office Suite For Rent

      Two-office suite with waiting room near Burlington's waterfront.
      35 King St, Burlington, VT
      View Details
    • Contact for pricing

      Retail Space on Bank Street

      Street-level retail with lower level in Burlington, VT.
      191 Bank Street, Burlington, VT
      View Details
    • Contact for pricing

      Downtown Burlington Office Space Available

      Recently updated office space in the heart of Burlington.
      13-15 Center St, Burlington, VT
      View Details
    • $14/mo

      Historic Chace Mill Office Space

      Office space for lease in historic Chace Mill building.
      1 Mill St, Burlington, VT
      View Details
    • Contact for pricing

      Downtown Burlington Office Space

      Single room office space in downtown Burlington for rent.
      104 Church St, Burlington, VT
      View Details
    • $40/mo

      Downtown Retail Space Available

      Prime downtown location with high traffic and built-in customers.
      5 Burlington Sq, Burlington, VT
      View Details
    • $14/mo

      Renovated Office Space on Main

      Charming, renovated office space in a convenient downtown location.
      65 Main St, Burlington, VT
      View Details
    • Contact for pricing

      Downtown Venue with Kitchen & Bars

      Three-story downtown venue with kitchen, bars, and performance spaces.
      180 Main St, Burlington, VT
      View Details
    • $15/mo

      Burlington Retail Space For Rent

      Retail space available in Ethan Allen Shopping Center.
      1125 North Ave, Burlington, VT
      View Details
    • $15/mo

      Retail Space Available For Rent

      Retail space with great exposure available for Summer 2025.
      1127 North Ave, Burlington, VT
      View Details
    • $15/mo

      Former Market Location in Burlington

      Visible corner location suitable for retail in Burlington's South End.
      457 Saint Paul St, Burlington, VT
      View Details
    • $18/mo

      Waterfront Office Space with Views

      Office space with lake views and natural light in Burlington.
      180 Battery St, Burlington, VT
      View Details

    FAQs

    What type of property is this?
    Office units - Single office in shared suite with natural light and parking.
    Where is this office units located?
    The property is located at 231 Maple St Burlington, VT.
    What is the lease rate?
    The lease rate is $725 /Mo.
    What are key features of this property?
    This property features: On‑site parking for your convenience.; Enjoy abundant natural light from windows that open.; Professionally managed for a worry‑free experience.
    (802) 343-2107
    We can help!
    Listing Contact
    Linda I Letourneau
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!