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Listed by Erik Reisner of Mad River Valley Real Estate (erik@mrvre.com)
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.

More Info

Tax Information

  • Tax Year2023

Building

  • NumberOfUnitsInCommunity4
  • FoundationBlock, Concrete, Fieldstone
  • Square Feet5,763
  • Available Sqft5,763
  • BasementConcrete, Concrete Floor, Interior Access, Stairs - Interior
  • Rail Available Y/NNo

Exterior

  • RoofShingle - Asphalt

Amenities

  • Accessibility Amenities1st Floor 1/2 Bathroom,1st Floor Hrd Surfce Flr,3 Ft. Doors, Access Parking, Zero-Step Entry Ramp
  • PricePerSqFt170.92

Basic Information

  • StatusACT
  • Modification Date07/15/2024
  • TypeInvestment, Multi-Family, Office, Other, Retail
  • List Price$985,000
  • Broker NameMad River Valley Real Estate
  • Listing Agent NameErik Reisner
  • Lister Office NameMad River Valley Real Estate
  • MLS Number5004379
  • MLS StatusActive

Utilities

  • FuelGas - LP/Bottle
  • Phone CompanyWCVT

Location

  • Building Number4740
  • StreetMain Street
  • TownWaitsfield
  • StateVT
  • Zip05673
  • CountyWashington

Property

  • Acreage1.5
  • Parking Spaces
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Near Golf Course
    • Near Paths
    • Near Shopping
    • Near Skiing
    • Valley
  • Lot Sqft65,340
  • Road Frontage308

Other

  • Date Listed07/10/2024
  • View Count12

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 19, 2024 12:53 AM EDT

 

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