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Welcome to 197-203 North Winooski Avenue, a distinguished staple Commercial/Residential investment property in the center of the O.N.E. of Burlington, VT. This historic building seamlessly blends residential comfort with the joys of commercial offerings, making it an exceptional investment opportunity. Located on the corner of N Winooski Ave and Crombie St it is a high traffic building due to the popular bakery located on the first level that has offered its neighborhood exceptional treats, beverages, vibes and so much more for so many years that we all have grown to love. This property contains a first level commercial space and 4 prime residential units on the second and third levels. The commercial space boasts a prime retail/kitchen space that sprawls at 1,680 sq/ft with 2 half bathrooms, office, ample storage space, retail counter, full kitchen and has access into the buildings full basement. Being in a prime location the storefront gathers significant foot traffic on a daily basis. Each residential unit boasts spacious layouts with abundant natural light, hardwood floors, and modern amenities, ensuring tenant satisfaction. The residential units all are 840 sq/ft that offer 2 bedrooms, 1 bathroom, private deck, storage, separate entries and so much more. The O.N.E. is renowned for its rich history and dynamic community, making this property highly desirable for both residential and commercial tenants. Make sure to book your showing today! Great investment opportunity! †
Property Location
197-203 North Winooski Avenue Burlington
Property Details
List Price 1,139,000
Bedrooms 8
Garage Size 0 Car
Cooperation Fee Unknown
Total Bathrooms 6
Year Built 1910
MLS# 5029628
Lot Size 0.05 Acres
Taxes $22,433
Type Multi-Family
Days on Market 30 Days
Tax Year 2025
Units 5
Stories 3
Road Frontage 94
Annual Income $85,560
Style Near Paths
Water Frontage
Annual Expenses $0
Finished 5,040 Sqft
Construction No, Existing
Zoning CR
Above Grade 5,040 Sqft
Seasonal No
Total Rooms 8
Below Grade 0 Sqft
List Date Feb 17th, 2025
Gross Income $85,560
Operating Expenses $0
Net Income $47,374
Expenses Includes
Unit 1 2 Beds, 1 Baths, 840 SqFt, $1,500/Monthly
Unit 2 2 Beds, 1 Baths, 840 SqFt, $1,550/Monthly
Unit 3 2 Beds, 1 Baths, 840 SqFt, $680/Monthly
Unit 4 2 Beds, 1 Baths, 840 SqFt, $1,500/Monthly
Unit 5 0 Beds, 2 Baths, 1,680 SqFt, $1,900/Monthly
Lot DescriptionUnknown, Near Bus/Shuttle, Neighbor Business, Other, Sidewalks, Street Lights, Near Shopping, Near Public Transportatn, Near Hospital, Near School(s)
Garage & Parking No, Paved, On Street
Road Frontage 94
Water Access
Driveway None
Water Type
Flood Zone No
Water Body
Zoning CR
School District Burlington School District
Middle Edmunds Middle School
Elementary Integrated Arts Academy
High Burlington High School
Heat Fuel , Wall Furnace
Excluded
Heating/Cool None, Space Heater, Individual
Negotiable
Sewer Public
Parcel Access ROW Unknown
Water
ROW for Other Parcel Unknown
Water Heater
Financing
Cable Co
Documents Other, Deed, Tax Map
Electric 100 Amp, 200 Amp, Circuit Breaker, On-Site
Tax ID 114-035-15112
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† The remarks published on this webpage originate from Listed By The Conroy Group of KW Vermont via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.
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