131 Church Street, Burlington, VT 05401

Office for Sale
Catylist Listing ID: 30623698
Property Subtypes: Office Building, General
Building Size (RSF): 29,000 SF
Gross Land Area: 0.21 Acres
Sale Price: $4,250,000
Unit Price: $146.55 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: 131 Church St
Class of Space: Class A
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/17/2020

Overview / Comments

This is a unique opportunity to own one of Burlington’s landmark signature properties, prominently located on the award-winning Church Street Marketplace, adjacent to City Hall Park, and secured by firm long-term lease commitments from its’ retail and office tenants. Located in the heart of Burlington’s Central Business District, the property benefits from flexible zoning regulations and a downtown market that continues to grow and develop. The building stands out on Church Street with its white marble exterior decorated in Beaux-Arts style with symmetry and sculptural elements. The interior spaces with high ceilings, large windows, and wood accents demonstrate that this is an exceptional building.

Size: 29,269 SF

Additional Details

Nearest MSA: Burlington-South Burlington
County: Chittenden
Tax ID/APN: 049-3-115.000
Zoning: D6 – DOWNTOWN CORE. APPROVED USES INCLUDE, BUT ARE NOT LIMITED TO, OFFICE GENERAL/MEDICAL, RETAIL SALES, AND RESTAURANT.
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 3
Parking Type: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,001 65,491 84,995
Median Age: 25.98 32.5 34.22
Households: 9,789 25,752 33,796

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