444 Un Stc1 Burlington, VT 05401-4859
- Office Properties & Spaces
- 6,000 SF
Current Use by Public Records
- BurlingtonBodyworks / Massage Therapist
- White + Joyal Creative / Marketing Agency
- Union Street Media / Website Designer / Internet Marketing Service
- Scout Digital / Website Designer / Internet Marketing Service
- Vandrimmelen Babara PHD / Psychologist
Property Details for 444 Un Stc1
- Year built
- 1899
- Property size
- 6,000 SF
- Zone code
- RL
- Property type
- Office Properties & Spaces
- APN
- (035) 054-1-045-001
- APU
- 350541045001
Description
This charming 900-square-foot office suite, located on the first floor of the historic Adams School building on South Union Street, offers a unique and convenient workspace. The west-facing suite boasts exposed brick, large windows providing excellent natural light, and is ideally suited for a variety of professional services, including medical practices, therapy offices, or similar businesses. The space is available as a single-tenant occupancy. Four parking spaces are included with the lease, with additional parking available if needed. The building features convenient handicap-accessible parking. Situated a short walk from downtown, the Adams School building offers easy access to local amenities while maintaining a peaceful atmosphere. All utilities, including heat and air conditioning, are included in the lease, along with access to shared conference and meeting rooms, high-speed WiFi, and a fully equipped kitchen. The lease also covers property taxes, common area fees, and building maintenance, eliminating additional triple-net charges. The space can be furnished or unfurnished to suit your needs, and offers 24/7 access. Enjoy the unique character of this mid-1800s brick building and the vibrant community of businesses already established within the Adams School, including software and creative services companies, a chiropractor, and various wellness professionals. Unlimited coffee is also provided!
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $290,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $275,000
- Mixed-Use
- $340,000
- Hospitality
- $260,000
- Educational
- $310,000
- Residential Income
- $290,000
- Energy
- $285,000
- Income-Based Land
- $255,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.2078
- Latitude
- 44.4677
- CBSA code
- 15540
- CBSA name
- BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA