List Price: $659,500 | $293 per sq.ft. Commercial
Space type
Price Change! Reduced by $20,500 down 3% on September 24th 2025
Date Listed Friday Aug 22, 2025 | MLS# 5057886
Space type
Price Change! Reduced by $20,500 down 3% on September 24th 2025
Date Listed Friday Aug 22, 2025 | MLS# 5057886
To see this Listing
Address: 5285 Main Street Waitsfield VT
Listed by Lucas deSousa Vermont Real Estate Company
Description:
Fantastic opportunity in the heart of Waitsfield's Irasville Village! This well-maintained property offers a prime location in the vibrant Mad River Valley, with desirable mixed-use zoning that allows for a wide range of commercial, residential, or live/work possibilities. The building features 3 bedrooms and 2 bathrooms, including a flexible layout with two kitchens--ideal for separate office or rental spaces, wellness services, retail, or short-term rentals. A bright, open kitchen and dining area, first-floor bedroom, and first-floor laundry make the main level highly functional, while a loft space above the primary bedroom offers the perfect setting for a private office, studio, or lounge area. The private covered porch with local views adds charm and appeal for clients or tenants, and the detached garage provides additional storage or workshop potential. A brand new roof was installed in 2024, offering peace of mind and long-term value. Located just minutes from Sugarbush, Mad River Glen, local restaurants, shops, and recreation, this property offers excellent visibility and accessibility in one of Vermont's most sought-after destination communities. Also listed as a residential property under MLS# 5057884. Don't miss this unique investment or owner-occupied business opportunity!
Sale Includes : Building Only | Equipment | Land/Building
Listed by Lucas deSousa Vermont Real Estate Company
Description:
Fantastic opportunity in the heart of Waitsfield's Irasville Village! This well-maintained property offers a prime location in the vibrant Mad River Valley, with desirable mixed-use zoning that allows for a wide range of commercial, residential, or live/work possibilities. The building features 3 bedrooms and 2 bathrooms, including a flexible layout with two kitchens--ideal for separate office or rental spaces, wellness services, retail, or short-term rentals. A bright, open kitchen and dining area, first-floor bedroom, and first-floor laundry make the main level highly functional, while a loft space above the primary bedroom offers the perfect setting for a private office, studio, or lounge area. The private covered porch with local views adds charm and appeal for clients or tenants, and the detached garage provides additional storage or workshop potential. A brand new roof was installed in 2024, offering peace of mind and long-term value. Located just minutes from Sugarbush, Mad River Glen, local restaurants, shops, and recreation, this property offers excellent visibility and accessibility in one of Vermont's most sought-after destination communities. Also listed as a residential property under MLS# 5057884. Don't miss this unique investment or owner-occupied business opportunity!
Sale Includes : Building Only | Equipment | Land/Building
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1870
Wood Frame
Price Per SQ.FT. 292.59 No. of Units: 1
Building Size : 2254
Available SQFT : 2254
Divisable SQFT : Unknown
Year Built: 1870
Wood Frame
Price Per SQ.FT. 292.59 No. of Units: 1
Building Size : 2254
Available SQFT : 2254
Divisable SQFT : Unknown
ExteriorRoof: Architectural Shingle | Standing Seam
InteriorBasement: Concrete Floor | Crawl Space | Interior Stairs
Land Information
Lot size: 1 acres
Zoned: IVD
Surveyed: Unk
Flood Zone: No
No. of Docks | 0.
UtilitiesHeating: Baseboard | Direct Vent | Electric | Wood Stove | Propane
Cooling: None
Electric: 100 Amp Service
Utilities: Cable Available | Satellite | Telephone at Site
AC % | 0.
Additional Information
Docs Available : Deed | Tax Map
Easement - No
Row For Other Parcel: N
Taxes $8,573
Assesed Value Not Reported
Docs Available : Deed | Tax Map
Easement - No
Row For Other Parcel: N
Taxes $8,573
Assesed Value Not Reported
Schools
