131 Church

Burlington, VT 05401

Price
$4,750,000
Listed On
Jul 1, 2019
Type
For Sale
Status
Active
Slide 1 of 10
29269 sqft
Asking $4,750,000
Snapshot
Property Type
Other
Lot Size
0.21
Property Sqft
29,269
MLS Number
4762143
Year Built
1931
Days On Market
160
Description

We are pleased to offer for sale 123-131 Church Street in Burlington, Vermont. This is an 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. Property Highlights: - Long term income producer with stable tenant roster including RiRa Irish Pub, Von Bargen's Jewelers and SE Group. - Location, Location - Fronting on the award winning Church Street Marketplace and Burlington's City Hall Park to the west. - A trophy property - The beautiful white marble Harper & West design evokes old world design and high quality construction. - Strong investment market - Burlington is ranked in the Top 100 Best Places to Live - Federal Opportunity Zone: In 2017, 131 Church Street was included in a new tax-incentive zone aimed at in- creasing private investment in low income census tracts.

Features
Basement
History
DateEventPrice$/SqftSource
09/17/2019Price Changed$4,750,000 $162.29Donahue & Associates, LLC
07/01/2019Listed For Sale$4,750,000 $162.29Donahue & Associates, LLC
05/08/2019Listing Removed For Rent$0 0Donahue & Associates, LLC
02/21/2018Listed For Rent$0 0Donahue & Associates, LLC
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Nearby Schools

Middle School

Edmunds Middle School

0.2 miles away06 - 08Edmunds Middle School

Elementary School

Edmunds Elementary School

0.3 miles awayKG - 05Edmunds Elementary School

Elementary School

Lawrence Barnes School

0.6 miles awayKG - 05Lawrence Barnes School
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Kendra Kenney
Listing Agent
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4.75M
Kendra Kenney
Listing Agent
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.