1. Vermont
2. Winooski
3. 150 East Allen Street

150 East Allen Street, Winooski, VT 05404

Property Description

This listing courtesy of Flex Realty Group, Flex Realty

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.

Listing Status:

Active

Date Added:

May 1, 2025 at 05:00AM

Listing Office:

Flex Realty : 802-399-2860

Listing Agent:

Flex Realty Group :

MLS ID:

5038808

Construction

• General: Other Exterior

Location

Lot

Utilities

This listing courtesy of Flex Realty Group, Flex Realty