Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • High traffic location at lighted intersection
  • Multifamily housing, hotel, retail development throughout neighboring area.
  • Busy retail corridor with access from Route 7 and Interstate 89

Executive Summary

Former Walgreens property in a super high profile, high traffic area at lighted intersection. Property to be delivered free and clear for new retailier to occupy or redevelopment. The 15,682 SF first floor is prime retail space ready for other retail concepts. A 10,658 SF second floor office area can be brought to market or redeveloped into high demand residential. Unusual chance to control a key corner on one of areas busiest retail corridors.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
26,482 SF
Building Class
C
Year Built/Renovated
1954/2010
Price
$6,000,000
Price Per SF
$226.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.66
Lot Size
0.92 AC
Zoning
Commercial 1 -R15 - C1-R15 - Mixed use multi story retail, commercial, hospitality, and residential allowed uses.
Parking
47 Spaces (1.77 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Orangetheory Fitness
Starbucks
Shaw's
Charles Schwab
Five Guys
Buffalo Wild Wings
Price Chopper
Chase
KeyBank
Community Bank

Property Taxes

Property Taxes

Parcel Number
(188) 0670-00514
Land Assessment
$0
Improvements Assessment
$5,328,000
Total Assessment
$5,328,000
  • Listing ID: 34757616

  • Date on Market: 2/7/2025

  • Last Updated:

  • Address: 514 Farrell St, Burlington, VT 05401

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}