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5-Unit Apartment Building with Commercial Space
New
For Sale
$1,100,000

28 Clarke St, Burlington, VT 05401

Historic downtown property with off-street parking, commercial space, and RH zoning.

Property SizeContact for details
Days on Market6

Property Features for 28 Clarke St

General Information

Standard status Active
Property subtype Investment
Zoning RH

Property Condition

Severity Repairs Needed
Evidence would benefit from updating and modernization

Additional Details

Public Transit Yes
Multifamily Units 5

Building Details

Year Built 1899
Buildings 1
Units 6
Listing Agency:
Listed By: The Steve Audette Team
Source: Elliman
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 23 at 10:45AM

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 The Steve Audette Team

Investment Insights

Based on property information with market context.

Built in 1899, this downtown Burlington property combines five residential units with commercial space in a mixed-use building. The interiors feature generous room proportions, tall ceilings, original woodwork, stained glass, and other period details. Updating and modernization would be appropriate for the existing improvements.

The property is located one block from Church Street and includes off-street parking, a practical feature in the downtown setting. RH zoning supports consideration of reconfiguring the building and adding residential units, subject to applicable approvals. WalkScore is 84, BikeScore is 99, and TransitScore is 43.

Key Highlights

  • Five residential units plus commercial space
  • Built in 1899 with original woodwork, stained glass, and tall ceilings
  • RH zoning supports potential reconfiguration and additional residential units

Property Analytics

Current Use

Apartment buildings

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

3,529
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic downtown property with off-street parking, commercial space, and RH zoning.
Where is this apartment building located?
The property is located at 28 Clarke St Burlington, VT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Five residential units plus commercial space; Built in 1899 with original woodwork, stained glass, and tall ceilings; RH zoning supports potential reconfiguration and additional residential units
More about this property
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