171 Battery StBurlington, VT 05401

Property Details for 171 Battery St

Year built

1899

Construction

FRAME

Lot size

0.56 AC

Property size (Sq ft)

10,651 SF

Zone code

DW

Property type

Commercial real estate

APN

(035) 049-1-079-000

APU

350491079000

Description

This exceptional office space at 171 Battery Street in Burlington, Vermont offers a rare opportunity. Located in Chittenden County, zip code 05401, this property boasts 3,465 total square feet, with 1,352 square feet currently vacant and immediately available. The space is divisible to a minimum of 1,352 square feet, and up to the entire 3,465 square feet can be leased contiguously. Recently renovated, the ground floor office features a blend of modern design and Vermont charm. Large glass walls maximize natural light, creating a bright and inviting atmosphere. The layout offers a flexible combination of open workspace and private offices, all benefiting from the abundant natural light. Three convenient on-site parking spaces are included with the lease. This professional office space is perfect for a variety of businesses seeking a prestigious location with stunning lake views. The property is classified as a multi-tenant office building.

• CAP approach

  CAP return

  Valuation

  6%

  $2,998,660

  6.5%

  $2,767,990

  7%

  $2,570,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,401,010

  Geo Method

  $1,391,660

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,525,790

  Retail / Commercial

  $2,818,670

  Mixed-Use / Specialty

  $2,796,860

  Hospitality / Lodging

  $2,036,650

  Office

  $2,767,990

  Institutional / Educational

  $2,903,400

  Residential Income

  $3,396,980

  Multifamily

  $4,139,360

  Automotive / Energy

  $2,488,630

  Parking / Income-Based Land

  $870,416

  Restaurant / Food Service

  $1,429,560

  Healthcare / Senior Housing

  $2,880,190

Location Insight

City

Burlington

County

Chittenden

State

Vermont

Latitude

44.4749

Longitude

-73.219

CBSA code

15540

CBSA name

BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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