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Price Change! reduced by $40,000 down 20% on June 30th 2026
$199,000 | $17 per sq.ft. | 11500 sq.ft. 9 Bedroom | 2 Bathroom | Condo , in Springfield VT MLS# 5092901



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Listed by Dave WhiteOwnerEntry.com on June 4th 2026

199 Summer Street Springfield VT 05156

DESCRIPTION

Price Reduced after just 3 weeks on market! Priced to sell. Set on approximately 2.5 acres, the property includes a roughly 11,500 sq. ft. former school building with road access, municipal water and sewer, and Medium Density Residential zoning. This property offers significant potential for multifamily housing, residential development, or a mixed-use concept. Potential redevelopment paths include converting the building into 8 rental apartments, daycare or educational space, community space, or a mixed-use project. The larger site may also support additional development concepts, including approximately 12 small homes, subject to permitting. Springfield continues to benefit from 10G fiber availability, access to I-91, Springfield Hospital, and proximity to Okemo, and Woodstock. With existing residential zoning this property is well-suited for developers or investors. Floor plan and inspection available upon request.
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ROOM INFORMATION
ROOM SIZE FLOOR
Total Rooms: 12
Total Baths: 2
1/2 Baths: 2
Total Bedrooms: 9
ROOM SIZE FLOOR

FEATURES AND DETAILS
CONSTRUCTION:
Brick Exterior | Price Per SQ.FT. 17.30 | Year Built: 1920
 LAND DESCRIPTION:
Other
Style: Other
Livable Space: 11500
Above Grade Sq.Ft.: 11500
Below Grade Sq.Ft.: 0
Apx Below Grade Unfinished Sq.Ft.: 999
Basement Access:
Basement: Full
Roof: Other
Lot size: 2.5 acres
Zoned: r
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Road Frontage: 1
Driveway: Paved

UTILITIES SERVICES
Heating: Hot Water | Radiator
Cooling: None
Electric: On-Site
Utilities: Other
Water: Public
Sewer: Public
AREA INFORMATION
Taxes $3,793  | Assesed Value $0 in
 
SCHOOLS
Coldwell Banker Homes Unlimited Real Estate
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

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