Listing courtesy of Gary Coger, Four Seasons Sotheby's Int'l Realty gary.coger@fourseasonssir.com


23 School Street, Chester, VT, 05143

23 School Street, Chester, VT, 05143

1880

6,894 sqft

Unlock the potential of this exceptional mixed-use property, offering a solid income stream and tremendous future upside. Ideally situated in the heart of town, this well-maintained building spans over 6,800 sq. ft. and is currently home to 5 residential units and 6 office units, with potential for retail conversion. Located in the center of town, providing excellent visibility and foot traffic, with easy access to amenities, and major roadways. The property currently generates solid monthly rental income from the residential and office units, with significant potential for increased rents after updates and improvements. The 5 residential units are in good condition but could benefit from updates, offering an opportunity to increase rental rates and enhance value through renovations. The 6 office units offer flexibility for a variety of businesses, with the added benefit of retail potential on the ground floor. Spanning over 6,800 sq. ft., this property offers ample space for both residential and commercial tenants, with room for potential expansion or redevelopment.


Status:

Active

Type:

Commercial

Units:

11

Zoning:

mixed

Frontage:

500

Acreage:

0.5

Est. Taxes:

$13,586

MLS #:

5023262


Community Info

School Info

Walk Score

Mass Transit

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