Listing courtesy of Erik Reisner, Mad River Valley Real Estate erik@mrvre.com


4740 Main Street, Waitsfield, VT, 05673

4740 Main Street, Waitsfield, VT, 05673

5,763 sqft

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.


Status:

Active

Type:

Commercial

Units:

4

Zoning:

Irasville Village Dist

Frontage:

308

Heating:

Propane

Parking:

Assigned, Driveway, Off Street, On-Site

Acreage:

1.5

Est. Taxes:

$12,175

Construction

Wood Frame,Wood Siding

MLS #:

5004379


Community Info

School Info

Walk Score

Mass Transit

Yelp