4740 Main Street, Waitsfield, VT

List Price: $985,000
Bedrooms:
Bathrooms:
Sq. Ft.: 5763
Acres: 1.5

Mad River Valley Real Estate

5513 Main St, Waitsfield, VT 05673
Phone: 802-496-5000
Email: info@mrvre.com
Website: www.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.

Basic Information

MLS Number:
5004379
List Price:
$985,000

Location

Street:
Main Street
Building Number:
4740
City:
Waitsfield
State:
VT
Zip:
05673
County:
Washington

Property

Acres:
1.50
Zoning:
Irasville Village Dist
Road Frontage:
308
Property Type:
COM

Building

Building Square Feet:
5763
Basement:
Concrete,
Concrete Floor,
Stairs - Interior,
Interior Access
Foundation:
Block,Concrete,Fieldstone
Construction:
Wood Frame,Wood Siding
Square Feet:
5763

Exterior

Roof:
Shingle - Asphalt

Legal

Taxes:
$12,175.44

Other

Broker Name:
Mad River Valley Real Estate
Agent Name:
Erik Reisner
Office Phone:
802-496-5000
Status:
Active
Latitude:
44.188528
Longitude:
-72.830677

Listed by Erik Reisner of Mad River Valley Real Estate

Broker Reciprocity PrimeMLS

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, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/10/2024.
Mortgage calculator source: iHomefinder. Schools info source: GreatSchools. WalkScore source: WalkScore. Market Report Source: iHomefinder with data from PrimeMLS, Inc.