158-164 Cherry StBurlington, VT 05401

For Lease
$45/SF/YR
Property records and analytics
High-traffic retail space, flexible layouts

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional Class A retail property, located at 158-164 Cherry St in Burlington, Vermont, offers 20,092 square feet of space, with a minimum divisible unit of 6,000 square feet and a maximum contiguous space of 10,300 square feet. Currently, 16,300 square feet is vacant, presenting a significant opportunity for a single tenant or multiple occupants. The property sits on a 0.817-acre lot and boasts 40 parking spaces, a significant advantage in a bustling downtown area. Built in 1965, this single-story building is zoned Downtown—FD-6 and features a convenient drive-thru. Its prime location at the intersection of Cherry Street and South Winooski Avenue places it just steps from Burlington's renowned Church Street Marketplace, benefiting from high visibility and foot traffic. The property's proximity to the University of Vermont (12,000 students), Champlain College (2,000 students), and St. Michael's College (2,500 students) ensures a consistent flow of potential customers. Furthermore, Burlington's vibrant downtown, featuring attractions like the waterfront, Hotel Vermont, and numerous restaurants, bars, and festivals, draws over 1.5 million tourists annually, creating a substantial market for retail businesses. This presents a unique chance to tap into a diverse customer base, including students, residents, businesses, and tourists. The property's APN is 044-4-037-000, and it is located in Chittenden County, Vermont, zip code 05401.

Highlights

  • Strong Burlington market investment opportunity.
  • Limited developable land creates high barriers to entry.
  • Dense, affluent population (55,000+ within 3 miles, 22.5% with >$100,000 household income).

Property Details for 158-164 Cherry St

Property type
Retail properties, Land
RSF (Rentable sq. ft)
20,092 SF
Class
A
Year Built
1965
Stories
1

Unit(s) available at that property

Space
First Floor Retail
Size
10,300 SF
Rate per SF
$45
Space
Lower Level Storage
Size
6,000 SF
Rate per SF
$45

Location Insight

City
Burlington
County
Chittenden
State
Vermont
Latitude
44.479768
Longitude
-73.211591
158-164 Cherry St, Burlington, Vermont

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FAQs

What type of property is this?
Retail property - High-traffic retail space, flexible layouts
Where is the retail property located?
The property is located at 158-164 Cherry St Burlington, VT.
What is the lease rate?
The lease rate is $45/SF/YR.
What are key features of this property?
This property features: Strong Burlington market investment opportunity.; Limited developable land creates high barriers to entry.; Dense, affluent population (55,000+ within 3 miles, 22.5% with >$100,000 household income).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Steve Donahue
Steve Donahue
Meg McGovern
Meg McGovern
Visit Broker Website

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Useful Information

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Cherry St
Burlington, VT 05401

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Cherry St
Burlington, VT 05401

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

158-164 Cherry St
  • Steve Donahue
    Steve Donahue
  • Meg McGovern
    Meg McGovern
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