VT > Winooski
Winooski, VT 05404,150 East Allen ST
Winooski, VT 05404,150 East Allen ST
Winooski, VT 05404,150 East Allen ST
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Listed by Flex Realty Group • Flex Realty
$3,250,000
Est. payment /mo
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1.39 Acres Lot
Active

150 East Allen ST Winooski, VT 05404

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Molly Smith

Molly Smith

+1(508) 980-9042

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5038815

Construction Status Pre-Construction

Lot Size 1.390 Acres

Acres 1.39

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.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Mixed Use

Interior

Cooling None

Exterior

Garage Description Other

Utilities Available Cable - Available

Roof Type Other

Building

Story 2

Foundation Other

Sewer None, Public Available

Architectural Style Apartment Building

Construction Status Pre-Construction

Schools

Elementary Schools Assigned

Middle Schools Winooski Middle/High School

High Schools Winooski High School

School District Winooski School District

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Molly Smith

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+1(508) 980-9042

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150 East Allen ST

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