Price Change! reduced by $100,000 down 14% on October 3rd 2025 $699,000 | $118 per sq.ft.
Commercial Property, in 181 South Street Springfield VT | Space type MLS# 5053976
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Listed by Daire GibneyBarrett and Valley Associates Inc. on July 29th 2025
181 South Street Springfield VT 05156
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DESCRIPTION
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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 Signage-| Some Traffic Count-| Price per SQFT | 117.52 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0
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FEATURES AND DETAILS
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| Price Per SQ.FT. 117.52 | Year Built: 1960 No. of Units-| 3 Building Size | 5948 Available SQFT | 4930
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Sprinkler | Other. Roof: Architectural Shingle Utilities: Cable Available No. of Docks | 0. No. of Drive Doors | 5948.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.21 acres Zoned: comm/Res
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Transport Info: City Street | Paved Taxes $12,522 | Assesed Value $0 in |
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