Waitsfield, VT | 4740 Main Street

$985,000
MLS#: 5004379
1.50
Acres
308
Road Frontage
5,763
SQ. Feet
$12,175
Taxes
1 of 41

General Property Information

Price:
$985,000
Property Status:
Active
County:
VT-Washington
Agency/Brokerage:
Erik Reisner
Mad River Valley Real Estate

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 Features

Year Built:
# of Stories:
Road Frontage:
308
Zoning:
Irasville Village Dist
Acres:
1.50
Total Sq ft:
5763
# of units:
4
Parking:
Assigned,Driveway,Off Street,On-Site
Basement:
Concrete,Concrete Floor,Stairs - Interior,Interior Access
Location:
Business District,Commercial Zoning,In Town,Near Golf Course,Near Paths,Near Shopping,Near Skiing,Valley
Exterior Features:
Sales Includes:
Land/Building
Roof Style:
Shingle - Asphalt
Type:
Misc:
In-Unit Bathroom
Foundation:
Block,Concrete,Fieldstone
Fuel:
Heating & Cooling:
Propane
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-07-10
Last Updated:
2024-12-26 17:08:49

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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