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150 East Allen Street, Winooski, VT 05404

$3,250,000
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Active
MLS#5038808
STATUSActive PROPERTY TYPECommercial - Multiple

Listing Courtesy of: Flex Realty
Agency Contact: Dan@FlexRealtyVT.com
Associate Name: Flex Realty Group
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Property Description

Currently five contiguous residential dwellings, located in the downtown core of the city of Winooski. Once permitted for 186 units, favorable changes to the Winooski parking requirement presents greater density potential. While previously Act 250 approved this project is eligible for an Act 250 exemption through Vermont's priority housing initiative. Other tax incentives exist with this location being deemed an opportunity zone. This is the perfect opportunity to design and build mixed-use new construction in the heart of Chittenden County. The project benefits from being nestled on the hillside overlooking the Casavant Nature Preserve, is walking distance to numerous restaurants, shops and the riverwalk. This project would be a perfect compliment to the continuing revitalization of the city's corridors. Owners are licensed real estate professionals.

150 East Allen Street | MLS# 5038808

This commercial property located at 150 East Allen Street, Winooski, VT 05404 is currently listed for sale with an asking price of $3,250,000. Search Winooski real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Multiple

Feature Descriptions

Days on Site: 356
Exterior: Other Exterior
Sale Inclusions: Land/Building, Other
Sewer: Public
Water: Public
Zoning: Mixed Use

Listed By / Shown By

Listed By

Agency Name: Flex Realty
Agency Contact: Dan@FlexRealtyVT.com
Agent Name: Flex Realty Group

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