MLS#5096869
STATUSActive
PROPERTY TYPECommercial - Investment
Listing Courtesy of:
Mad River Valley Real Estate
Agency Contact: erik@mrvre.com
Associate Name: 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 former physical therapy practice. 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
Property Type: Commercial - Investment
Basement: Concrete, Concrete Floor, Interior Stairs, Interior Access
Heating: Propane
Lot Size: 1.50 Acres
Roof Type: Asphalt Shingle
Taxes: $14,323
Feature Descriptions
Accessibility: 1st Floor 1/2 Bathroom, 1st Floor Hrd Surfce Flr, 3 Ft. Doors, Access to Parking, Zero-Step Entry Ramp
Basement Access: Interior
Commercial Features: In-Unit Bathroom
Days on Site: 26
Exterior: Wood Frame, Wood Siding
Foundation: Block, Concrete, Fieldstone
Lot: In Town, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Valley, Landscaped, Level, Major Road Frontage, Mountain View, Neighbor Business, View
Parking: Assigned, Driveway, Off Street, On-Site
Road Frontage: 308
Sale Inclusions: Land/Building
Sewer: On-Site Septic Exists, Septic
Units: 4
Water: Drilled Well
Zoning: Irasville Village Dist
Listed By / Shown By
Listed By
Agency Name: Mad River Valley Real Estate
Agency Contact: erik@mrvre.com
Agent Name: Erik Reisner
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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4740 Main Street | MLS# 5096869
This commercial property located at 4740 Main Street, Waitsfield, VT 05673 is currently listed for sale with an asking price of $885,000. Search Waitsfield real estate on www.masiellogrouprealestate.com today.