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Listed by Hughes Group Team • Casella Real Estate
$ 199,999
Est. payment | /mo
2,178 Sqft Lot
$ 199,999
Est. payment | /mo
2,178 Sqft Lot
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 5049058
Year Built 1895
Annual Tax Amount $5,418
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Situated in downtown Fair Haven, this mixed-use property offers a rare opportunity for investors and entrepreneurs. The building includes a commercial storefront with residential and expansion potential. The 1st floor offers potential for a wide range of uses—currently set up as a small restaurant, but could easily be adapted into a boutique, offices, gallery, or other business. The space features a kitchen, half bath, dining or open-use area, two vintage vaults for dry storage, and an office. A new HVAC system ensures year-round comfort. Note: Kitchen equipment is not included but may be purchased separately, as the commercial tenant is open to negotiation. The 2nd floor has two residential units: a spacious 2-bedroom apartment with large windows overlooking downtown Fair Haven and updated cabinets, and a cozy 1-bedroom unit with new energy-efficient windows. The 3rd floor is a blank canvas—ideal for a yoga or dance studio, artist's loft, fitness space, or additional apartments. A rear secondary egress is already in place, highlighting development potential. Recent upgrades include new energy-efficient windows on the 3rd floor, a new fire alarm panel, and various kitchen and mechanical improvements. Whether you're expanding your portfolio, launching a business with on-site living, or exploring redevelopment, this property is full of potential.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Commercial
Rooms
Basement Entrance Interior
Basement Full, Unfinished
Interior
Inclusions Building
Exterior
Utilities Available Telephone Available
Roof Type Membrane
Building
Sewer Public
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C. Robin Hall
REALTOR® | Lic# 083.0650338