495 Colchester AvenueBurlington, VT 05401MLS Number 4905351

  • Price: $1,500,000
  • Est. Mortgage of $/month
  • 40 Days on Market
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Federal 30-year interest rate: 5.25% last updated on May 19, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401495 Colchester Avenue Burlington VT 05401
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  • 0.09Acreage
  • 1840Year Built
  • 7,564Square Feet

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Listed by Duncan Harris of The Kingsland Company
Award Winning Historic Preservation! Recently restored, this historical property includes four apartments as well as a restaurant/café space. Known as one of Burlington's 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 Abare's 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 Café. 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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More Info

Basic Information

  • StatusACT
  • List Price$1,500,000
  • MLS Number4905351
  • MLS StatusActive

Property

  • Acreage0.09
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet7,564
  • APX Fin AG Sqft5,673
  • Road Frontage115
  • RoadsPaved, Public

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningNeighborhood Mixed Use
  • Flood Zone Y/NUnknown

Interior

  • APX Fin Below Grade1,891

Exterior

  • ExteriorBrick, Stone
  • RoofSlate

Other

  • Taxes$22,311
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,700
  • Unit 2 Rent Amount$1,775
  • Unit 3 Rent Amount$2,100
  • Unit 4 Rent amount$1,775
  • Unit 5 Rent amount$3,400
  • View Count3

Building

  • Year Built1840
  • Building ConstructionTimber Frame
  • StyleHistoric Vintage, Multi-Family
  • Units5
  • # of 2 Bedrooms2
  • # of 3+ Bedrooms2
  • BasementClimate Controlled, Finished, Stairs - Interior, Interior Access
  • FoundationConcrete

Utilities

  • Heat FuelGas - Natural
  • Heat SystemHot Air, Hot Water
  • UtilitiesCable
  • WaterPublic
  • Water HeaterGas - Natural
  • Electric200 Amp
  • SewerPublic

Your Local Office

Brian French Real Estate

Brian French Real Estate

1993 Williston Road,
South Burlington, VT 05403
Broker Reciprocity

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 for sale on this web 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 May 25, 2022.

 

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