505 Riverside AvenueBurlington, VT 05401MLS Number 4766577

  • Price: $259,900
  • 89 Days on Market
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Federal 30-year interest rate: 3.69% last updated on Oct 17, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 2.8Acreage
  • 1945Year Built
  • 1,110Square Feet
  • 1Units

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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 Date08/01/2019
  • 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

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
  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden

Property

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

Other

  • AC percent100
  • Transport AccessCity Street, Major Road Access, Near Airport, Public Transportation, State Highway, Paved

Building

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

Exterior

  • ExteriorVinyl Siding
  • RoofMembrane, Shingle - Architectural
Dousevicz Real Estate
Dousevicz Real Estate
Office: 802-879-4477
21 Carmichael St
Essex, VT 05452
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Copyright 2019 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 October 18, 2019.

 

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