4740 Main ST Active Save Request In-Person Tour Request Virtual Tour
Waitsfield,VT 05673
Key Details
Property Type Commercial
Sub Type Investment,Multi-Family,Office,Other,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,763 sqft
Price per Sqft $170
MLS Listing ID 5004379
Annual Tax Amount $12,175
Tax Year 2023
Lot Size 1.500 Acres
Acres 1.5
Property Description
Here is a great investment/business opportunity in the heart of the Mad River Valley. Prime location with very high traffic count and close to two shopping centers, Sugarbush Resort, and Mad River Glen. There are two commercial spaces, one being a physical therapy practice that is part of the Central Vermont Medical Center. The second commercial space is currently a real estate office. There are two residential apartments: a 3-bedroom, 1-bath unit with tenants that have been in residence for 30+ years. The second residential unit has two bedrooms and one bath. There is a shared laundry room in between the units. The building has been very well maintained and a solid investment for the current owners. While currently on a drilled well and private septic, municipal water is at the street, and a bond recently passed for the installation of municipal sewer which opens up tons of potential uses for this building. The apartments have nice easterly views of the Northfield Range, southern views towards Sugarbush Resort, and even pleasant western vista. It could easily become quite the luxury penthouse! Former uses of the commercial space include a restaurant and office space.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Irasville Village Dist
Rooms
Basement Entrance Interior
Basement Concrete,Concrete Floor,Stairs - Interior,Interior Access
Interior
Heating Gas - LP/Bottle
Inclusions Land/Building
Exterior
Garage Assigned,Driveway,Off Street,On-Site
Garage Description Assigned,Driveway,Off Street,On-Site
Utilities Available Cable - Available,Gas - LP/Bottle,Multi Phone Lines
Roof Type Shingle - Asphalt
Building
Foundation Block,Concrete,Fieldstone
Sewer On-Site Septic Exists,Septic