List Price: $799,000 | $134 per sq.ft. Commercial
Space type
Date Listed Tuesday Jul 29, 2025 | MLS# 5053976
Space type
Date Listed Tuesday Jul 29, 2025 | MLS# 5053976
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Address: 181 South Street Springfield VT
Listed by Daire Gibney Barrett and Valley Associates Inc.
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!
Sale Includes : Equipment | Land/Building/Business | Furnishings
Listed by Daire Gibney Barrett and Valley Associates Inc.
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!
Sale Includes : Equipment | Land/Building/Business | Furnishings
Features
Signage: Some
Transport Info: City Street | Paved
Signage: Some
Transport Info: City Street | Paved
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1960
Price Per SQ.FT. 134.33 No. of Units: 3
Building Size : 5948
Available SQFT : 4930
Year Built: 1960
Price Per SQ.FT. 134.33 No. of Units: 3
Building Size : 5948
Available SQFT : 4930
ExteriorRoof: Architectural Shingle
InteriorSprinkler: Other.
Land Information
Lot size: 0.21 acres
Zoned: comm/Res
No. of Docks | 0.
UtilitiesUtilities: Cable Available
AC % | 0.
Additional Information
Taxes $12,522
Assesed Value Not Reported
Taxes $12,522
Assesed Value Not Reported
Schools
