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Listed by Daire Gibney • Barrett and Valley Associates Inc.
$ 799,000
Est. payment | /mo
4,930 SqFt
$ 799,000
Est. payment | /mo
4,930 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,930 sqft
Price per Sqft $162
MLS Listing ID 5053976
Year Built 1960
Annual Tax Amount $12,522
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Description
This well-maintained commercial property in the heart of Springfield, VT, offers a unique opportunity for both investors and owner-operators. The building consists of three units: two fully renovated, income-generating 2-bedroom rental apartments that provide steady cash flow, and a highly adaptable ground-floor space. Currently operating as a 25-seat restaurant, the space doubles as an event venue with a spacious, modern kitchen that is perfect for catering. The building has been meticulously cared for, ensuring it will require minimal investment for future use. The ground floor offers immense potential for a variety of businesses, whether you choose to continue with the restaurant or repurpose the space for a neighborhood market, deli, or retail store—its history as a local deli proves its versatility. A convenient service window enhances the space's functionality for quick service, take-out, or drive-through offerings, adding even more appeal to potential operators. Situated in a prime location, this property boasts excellent foot traffic, strong community ties, and easy access to nearby amenities. The combination of well-maintained residential units and prime commercial space makes this an outstanding opportunity for those looking to capitalize on Springfield's growing market. Don't miss out on the chance to own a piece of this thriving community!
Location
State VT
County Vt-windsor
Area Vt-Windsor
Zoning comm/Res
Interior
Inclusions Equipment, Land/Building/Business, Furnishings
Exterior
Utilities Available Cable Available
Roof Type Architectural Shingle
Building
Sewer Public
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