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222 College St 12,444 SF 100% Leased Retail Building Burlington, VT 05401 $2,650,000 ($212.95/SF)
INVESTMENT HIGHLIGHTS
- Downtown Burlington
- Busy Intersection - S. Winooski Ave and College Street
- Lake Champlain
EXECUTIVE SUMMARY
Prime Downtown Burlington Opportunity! This building, formally known as Merrill's Roxy Cinemas, has been a staple in the community for many years and has been been well maintained throughout the years. Located at the high-visibility corner of College Street and South Winooski Avenue, this property offers unmatched potential in the heart of downtown Burlington. Offering over 12,000 square feet of versatile space! Whether you're looking to renovate the existing structure or explore redevelopment possibilities. The current zoning supports a wide range of uses. An exceptional investment for the visionary buyer ready to take advantage of one of Burlington’s most sought-after areas. This property is also known as 108 S Winooski Ave Burlington, VT.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theater
Building Size
12,444 SF
Building Class
B
Year Built
1981
Price
$2,650,000
Price Per SF
$212.95
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.32
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
FD5 - Downtown Center Zoning. FD5.
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | (035) 049-3-162-000 | Improvements Assessment | $165,800 |
| Land Assessment | $1,396,500 | Total Assessment | $1,562,300 |
PROPERTY TAXES
Parcel Number
(035) 049-3-162-000
Land Assessment
$1,396,500
Improvements Assessment
$165,800
Total Assessment
$1,562,300
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Presented by
Flex Realty
222 College St
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