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4740 Main Street, Waitsfield, VT 05673

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Listing Type
Commercial/Industrial
Listing Status
active
41
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Transportation
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$885,000

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Home Details for 4740 Main Street
Price
$885,000
Type
Commercial/Industrial
Sq. Ft.
5763
Lot Size
1.5
County
Washington
Basement
Concrete
Tax
$12,175.44
MLS®️ Listing#
5004379
On exitrealty.com
401 days
Listing Courtesy: Mad River Valley Real Estate - erik@mrvre.com. Presented by: Erik Reisner
Property Description
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
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$885,000

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