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495 Colchester Ave 8,456 SF 100% Leased Retail Building Burlington, VT 05401 $1,750,000 ($206.95/SF)



EXECUTIVE SUMMARY
Own a piece of Burlington’s History. 495 Colchester Avenue is located in an historic district and was built around 1840 using brick and post and beam construction for use as a Blacksmith and Wheelwright shop. It is currently thought to be the oldest industrial building in Burlington. At the turn of the 20th century, it was used as a grocery store and second hand store. In the years before World War I, the cellar housed a pool hall that was frequented by cavalry soldiers from nearby Fort Ethan Allen. In the aftermath of the historic flood of 1927, the road and bridge on Colchester Ave were raised, essentially encasing the ground floor in dirt and sand for nearly a 100 years.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
8,456 SF
Building Class
B
Year Built
1822
Price
$1,750,000
Price Per SF
$206.95
Percent Leased
100%
Building Height
2 Stories
Building FAR
2.16
Lot Size
0.09 AC
Zoning
NMU
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | (035) 041-4-017-000 | Improvements Assessment | $738,700 |
| Land Assessment | $256,200 | Total Assessment | $994,900 |
PROPERTY TAXES
Parcel Number
(035) 041-4-017-000
Land Assessment
$256,200
Improvements Assessment
$738,700
Total Assessment
$994,900
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495 Colchester Ave
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