181 South ST new

Springfield,VT 05156

$ 799000

- Bed

- Bath

4930 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,930 sqft

Price per Sqft $162

MLS Listing ID 5053976

Year Built 1960

Annual Tax Amount $12,522

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Description

This well-maintained commercial property in the heart of Springfield, VT, offers a unique opportunity for both investors and owner-operators. The building consists of three units: two fully renovated, income-generating 2-bedroom rental apartments that provide steady cash flow, and a highly adaptable ground-floor space. Currently operating as a 25-seat restaurant, the space doubles as an event venue with a spacious, modern kitchen that is perfect for catering. The building has been meticulously cared for, ensuring it will require minimal investment for future use. The ground floor offers immense potential for a variety of businesses, whether you choose to continue with the restaurant or repurpose the space for a neighborhood market, deli, or retail store—its history as a local deli proves its versatility. A convenient service window enhances the space's functionality for quick service, take-out, or drive-through offerings, adding even more appeal to potential operators. Situated in a prime location, this property boasts excellent foot traffic, strong community ties, and easy access to nearby amenities. The combination of well-maintained residential units and prime commercial space makes this an outstanding opportunity for those looking to capitalize on Springfield's growing market. Don't miss out on the chance to own a piece of this thriving community!

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning comm/Res

Interior

Inclusions Equipment,Land/Building/Business,Furnishings

Exterior

Utilities Available Cable Available

Roof Type Architectural Shingle

Building

Sewer Public

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