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Courtesy of Duncan Harris of The Kingsland Company.

495 Colchester Avenue

Burlington, VT 05401
  • $1,500,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 4905351
UPDATED: 40 min ago
$1,500,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,564
    SQFT
  • $198
    $/SQFT
Type:
Multi-Family
Built:
1840
County:
Area:

School Ratings & Info

Description

Award Winning Historic Preservation! Recently restored, this historical property includes four apartments as well as a restaurant/caf space. Known as one of Burlingtons oldest industrial buildings, 495 Colchester Avenue was built circa 1840 as a blacksmith shop. Sometime around the turn of the century it transitioned to Lamare and Abares Grocery. After the historic flood of 1927, Colchester Avenue and the bridge connecting it to Winooski were raised. In 2016 the current owners undertook a two-year historic restoration project which included raising the building 10 feet and completely restoring the structural integrity of the building with brick and timber framing. This resulted in an extra level of useable space which has since been converted into a restaurant, currently leased to The Boardroom Caf. The balance of the building was also completely renovated and includes two two-bedroom apartments and two three-bedroom units with views of the Winooski River. Upon completion of the project the owners received a Historic Preservation Award from the City of Burlington. This is a first-class mixed-use property located within walking distance to UVM, the hospital and downtown Winooski. Please call the agent to discuss more of the wonderful details of this property that are too numerous to fit in this description.

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© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-25T19:06:15.14.
www.livingvermont.com/homes/127754552
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495 Colchester Avenue Burlington, VT 05401

  • Price: $1,500,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 40 min ago
  • MLS #: 4905351
0
Beds
0
Baths
0
½ Baths
0.09
Acres
7,564
SQFT
$198
$/SQFT
1840
Built
County:
Chittenden
Area:
Burlington
Property Description
Award Winning Historic Preservation! Recently restored, this historical property includes four apartments as well as a restaurant/caf space. Known as one of Burlingtons oldest industrial buildings, 495 Colchester Avenue was built circa 1840 as a blacksmith shop. Sometime around the turn of the century it transitioned to Lamare and Abares Grocery. After the historic flood of 1927, Colchester Avenue and the bridge connecting it to Winooski were raised. In 2016 the current owners undertook a two-year historic restoration project which included raising the building 10 feet and completely restoring the structural integrity of the building with brick and timber framing. This resulted in an extra level of useable space which has since been converted into a restaurant, currently leased to The Boardroom Caf. The balance of the building was also completely renovated and includes two two-bedroom apartments and two three-bedroom units with views of the Winooski River. Upon completion of the project the owners received a Historic Preservation Award from the City of Burlington. This is a first-class mixed-use property located within walking distance to UVM, the hospital and downtown Winooski. Please call the agent to discuss more of the wonderful details of this property that are too numerous to fit in this description.
Exterior Features

Construction Timber Frame Driveway Gravel Exterior BrickStone Has Garage No Lot Description City Lot Road Frontage Yes Road Frontage Length 115 Roads PavedPublic Roof Slate Style Historic VintageMulti-Family

Interior Features

Basement Access Type Interior Basement Description Climate ControlledFinishedStairs - InteriorInterior Access Cooling None Foundation Concrete Has Basement Yes Heating Hot AirHot Water Unit1 Approx Sq Ft 945 Unit2 Approx Sq Ft 945 Unit3 Approx Sq Ft 945 Unit4 Approx Sq Ft 945 Unit5 Approx Sq Ft 3377 Water Heater Gas - Natural

Property Features

Construction Status Existing Electric 200 Amp Flood Zone Unknown Gross Income 129000 Heat Fuel Gas - Natural Pre Construction No Seasonal No Sewer Public Tax Gross Amount 22311.28 Tax Year 2021 Taxes Tbd No Total1 Bed Units 0 Total2 Bed Units 2 Total3 Plus Bed Units 2 Unit1 Rental Amount 1700 Unit2 Rental Amount 1775 Unit3 Rental Amount 2100 Unit4 Rental Amount 1775 Unit5 Rental Amount 3400 Utilities Cable Water Public Zoning Neighborhood Mixed Use

Courtesy of Duncan Harris of The Kingsland Company: 802-658-0088.


© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-25T19:06:15.14.
 
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RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446