4740 Main Street, Waitsfield, VT
- $985,000
- 5763 ft2
- 1.5 acres
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 Details
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
Utilities
- Heating Fuel:
- Gas - LP/Bottle
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
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Mortgage calculator source: iHomefinder. Schools info source: GreatSchools. WalkScore source: WalkScore. Market Report Source: iHomefinder with data from PrimeMLS, Inc.