70 Winooski Ave Burlington, VT 05401
- Commercial real estate
- 10,190 SF
- 0.47 lot acres
Current Use by Public Records
- The UPS Store / Freight Forwarding Service / Notary Public
- HG Skis / Manufacturer
- Audra Socinski / Counselor / Practitioner Service Location
- Green Mountain IT Solutions / Computer Service
- Camp Downer, Inc / Office
Property Details for 70 Winooski Ave
- Year built
- 1899
- Lot size
- 0.47 lot acres
- Property size
- 10,190 SF
- Property type
- Commercial real estate
Description
This exceptional Burlington, Vermont commercial property at 70 South Winooski Avenue offers a unique investment opportunity. Boasting approximately 10,190 square feet of combined office and retail space, the building is currently fully leased, providing immediate and consistent income. The property sits on a 0.47-acre lot and includes ample parking—over 23 spaces—a significant advantage in this highly desirable area. Its convenient location near the University of Vermont and the UVM Medical Center ensures high visibility and accessibility. The building features a recently renovated interior and updated building systems, enhancing its appeal and functionality. Accessibility for individuals with disabilities is fully compliant with ADA standards. Excellent signage opportunities further enhance the property's marketing potential. A key feature is the existing ground lease, which includes renewal options extending well into the future, specifically through 2059 and beyond, providing long-term security for the investment. This property presents a rare combination of features—ample parking, prime location, and a strong lease—making it an attractive investment for discerning buyers. The building's current condition and lease terms offer a stable and potentially lucrative return.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.2107
- Latitude
- 44.4784
