$985,000
Active
13 Days Online
0 Beds0 Baths5,763 SQFT
Active

4740 Main Street Waitsfield, VT 05673

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$12,175
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusActive
  • MLS ID Number5004379
  • Home Size Source Public Records
  • Year BuiltN/A
  • Lot Size1.5 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Wood Siding
  • Parking AssignedDrivewayOff StreetOn- Site
  • Sewer Septic Tank
  • Basement ConcreteConcrete FloorInterior AccessStairs - Interior
  • Acreage 1.5
  • Water Well
  • Accessibility Features Accessible Doors
  • Property Sub Type Multi Family
  • Zoning Irasville Village Dist

Interior Features

  • Heating Gas - L P/ Bottle

Exterior Features

  • Roof Asphalt
  • Lot LandscapedLevelMajor Road FrontageMountain ViewNeighbor BusinessView

Community Features

  • Community Features Business DistrictCommercial ZoningIn TownNear Golf CourseNear PathsNear ShoppingNear SkiingValley
  • MLS Area VT-Washington

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Monthly Payment (Est.)

$5,121
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