Commercial Real Estate Market in Burlington, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
102 active listings and 1,193 off-market properties in Burlington, VT. Commercial property asks $274/SF to buy and $15.00/SF/Yr to lease (based on 9 listings).
Market Trends
Burlington, VT spans 10.3 square miles in Chittenden County, Vermont. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Burlington, VT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Burlington, VT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Burlington, VT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Chittenden County, multifamily space asks $287/SF to buy. Multifamily vacancy in Burlington, VT runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 39.8%
- Open space 29.6%
- Commercial 10.9%
- Civic 10.5%
- Industrial 5%
- Mixed use 4.2%
Largest Zones share of zoned land by district
Burlington, VT zones 7,046 acres across 19 districts. Commercial zoning covers 10.9% of zoned land, residential 39.8%, open space 29.6% and industrial 5%. The largest single district is Residential Low Intensity at 30.5%. For commercial buyers the practical constraint is that only 15.9% of land carries a commercial or industrial designation.
The Institutional District (I) as illustrated in Map 4.4.4-1 allows for increased development scale and intensity than would typically be found in the adjacent residential districts to support continued growth and flexibility of the city’s major public and higher education and health care institutions within their respective institutional missions. New devel…
Market overview
Demographics & Economy
Burlington, VT has 44,835 residents in 18,361 households. Density runs 4,337 people per square mile. Median household income here is $69,887 and median gross rent $1,604 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Burlington?
How much does it cost to lease commercial space in Burlington?
What zoning applies to commercial property in Burlington?
Where does Realmo's Burlington market data come from?
Methodology & data sources
- Asking prices and medians
- There are 49 active for-sale and 53 active for-lease listings in Burlington, VT. The medians are based on 37 of the for-sale and 9 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 7,046 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
