158-164 Cherry St Burlington, VT 05401
- Retail properties
- 20,092 SF
Current Use by Public Records
- Retail properties
Property Details for 158-164 Cherry St
- Year built
- 1965
- Property size
- 20,092 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional Class A retail property, located at 158-164 Cherry St in Burlington, Vermont, offers 20,092 square feet of space, with a minimum divisible unit of 6,000 square feet and a maximum contiguous space of 10,300 square feet. Currently, 16,300 square feet is vacant, presenting a significant opportunity for a single tenant or multiple occupants. The property sits on a 0.817-acre lot and boasts 40 parking spaces, a significant advantage in a bustling downtown area. Built in 1965, this single-story building is zoned Downtown—FD-6 and features a convenient drive-thru. Its prime location at the intersection of Cherry Street and South Winooski Avenue places it just steps from Burlington's renowned Church Street Marketplace, benefiting from high visibility and foot traffic. The property's proximity to the University of Vermont (12,000 students), Champlain College (2,000 students), and St. Michael's College (2,500 students) ensures a consistent flow of potential customers. Furthermore, Burlington's vibrant downtown, featuring attractions like the waterfront, Hotel Vermont, and numerous restaurants, bars, and festivals, draws over 1.5 million tourists annually, creating a substantial market for retail businesses. This presents a unique chance to tap into a diverse customer base, including students, residents, businesses, and tourists. The property's APN is 044-4-037-000, and it is located in Chittenden County, Vermont, zip code 05401.
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
- -73.2116
- Latitude
- 44.4798
