505 Riverside AvenueBurlington, VT 05401MLS Number 4766577

  • Price: $259,900
  • 433 Days on Market
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Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
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505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401505 Riverside Avenue Burlington VT 05401
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  • 2.8Acreage
  • 1945Year Built
  • 1,110Square Feet

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Listed by Matt Hurlburt of RE/MAX North Professionals - Burlington
This high visibility commercial property is situated on the edge of the Old North End, on one of Burlington's highest traffic count arteries, and has been reduced in price for quick sale. It offers 248 feet of road frontage on Riverside, and exceptional parking. Formerly owner occupied as the Little Red Kitchen, it is now occupied by a tenant operating as another restaurant, with a lease in place through 05/31/20. Renovations in 2014 include floors, cabinets, baseboard, paint, renovated prep kitchen with 3 bay stainless sink, upgraded refrigeration system, new Ansel system, emergency lighting, new bathroom with self-close door and handicap roll-in access, etc. Some fixtures and equipment are the property of the tenant. Phase 1-A report by GeoDesign, Inc is available. Building ONLY for sale, not business.

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More Info

Basic Information

  • StatusACT
  • Modification Date09/22/2020
  • TypeBusiness, Hospitality, Investment
  • List Price$259,900
  • Broker NameRE/MAX North Professionals - Burlington
  • Listing Agent NameMatt Hurlburt
  • Lister Office NameRE/MAX North Professionals - Burlington
  • MLS Number4766577
  • MLS StatusActive

Amenities

  • Accessibility Amenities1st Floor 1/2 Bathroom,1st Floor Hrd Surfce Flr,3 Ft. Doors, Access Parking, Access Restrooms, Hard Surface Flooring, No Stairs, No Stairs from Parking, Paved Parking

Location

  • Building Number505
  • StreetRiverside Avenue
  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden

Property

  • Acreage2.8
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft121,968
  • Road Frontage248

Building

  • Year Built1945
  • ConstructionTimber Frame
  • Units1
  • FoundationConcrete
  • Square Feet1,110
  • Available Sqft1,110
  • BasementNone
  • Garage Spaces
  • Rail Available Y/NNo

Exterior

  • ExteriorVinyl Siding
  • RoofMembrane, Shingle - Architectural

Other

  • AC percent100
  • Transport AccessCity Street, Major Road Access, Near Airport, Paved, Public Transportation, State Highway
  • View Count5
Mountain Realty
Mountain Realty
Office: 802-297-2100
PO Box 396
54 VT Rte 30
Bondville, VT 05340
Broker Reciprocity

Copyright 2020 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 September 27, 2020.

 

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