207 Riverside Avenue Burlington, Vermont 05401

207 Riverside Avenue Burlington, Vermont 05401

Areal view of a development property for sale in Burlington, Vermont at 207 Riverside Avenue.

OVERVIEW:  DEVELOPMENT SITE AVAILABLE   – RIVERSIDE AVE BURLINGTON                                                 SUBDIVISON POTENTIAL—LAND LEASE or OWN

MULTI FAMILY >BANK CREDIT UNION SITE > QUICK SERVE RESTAURANT >        15,300 CARS PER DAY  MANY POSSIBLE USES

The owner of 207 Riverside Avenue is  offering a subdivided parcel to accommodate a multi-family apartment project with 60+/- apartments or site for bank/credit union or restaurant with potential for drive-through.  Riverside Avenue is convenient to two of the areas largest employers, University of Vermont and University of Vermont Medical Center.  Site overlooks Winooski River and natural area with walking trails and more.   A busy commuter route with over 15,300 cars driving by the site daily.   Excellent development opportunity to for a multifamily project or other commercial uses. 

The potential subdivision would provide enough area for a reasonably sized 4 level multi-family structure, with parking under, or bank credit union or food related business.  The owner is interested in subdividing the parcel to accommodate commercial use in former car wash building and provide buyer with parcel to develop multifamily project.   A conceptual multi family concept has been created.  Or bank/credit union with drive through. 

Size:  2-4 + acres

Price: $1,200,000

Details

Price : $1,200,000
Size : 4.01
Property Type : Investment, Land
Status : Available
Purpose : Sell / For Sale
Address : 207 Riverside Avenue
City : Burlington
State : Vermont
Zip Code : 05401

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