4740 Main Street Waitsfield, VT $ 885,000
4740 Main Street
$ 885,000
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4740 Main Street

Waitsfield, VT, 05673
$ 885,000
Bedrooms-- Baths-- Sq 5,763

Monthly Estimate*

$ 5,521

Listed by Erik Reisner, Mad River Valley Real Estate, 802-496-5000, erik@mrvre.com
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Commercial Property for sale in Waitsfield, VT

for $885,000. This 5,763 square foot building was built on a lot size of 1.5.

Here is a great investment/business opportunity in the heart of the Mad River Valley. Prime location with very high traffic count and close to two shopping centers, Sugarbush Resort, and Mad River Glen. There are two commercial spaces, one being a physical therapy practice that is part of the Central Vermont Medical Center. The second commercial space is currently a real estate office. There are two residential apartments: a 3-bedroom, 1-bath unit with tenants that have been in residence for 30+ years. The second residential unit has two bedrooms and one bath. There is a shared laundry room in between the units. The building has been very well maintained and a solid investment for the current owners. While currently on a drilled well and private septic, municipal water is at the street, and a bond recently passed for the installation of municipal sewer which opens up tons of potential uses for this building. The apartments have nice easterly views of the Northfield Range, southern views towards Sugarbush Resort, and even pleasant western vista. It could easily become quite the luxury penthouse! Former uses of the commercial space include a restaurant and office space.

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Commercial Active

Price

$ 885,000

Property Type

Commercial

Taxes

$ 0

Style

Investment,Multi-Family,Office,,Retail

Lot Size

1.5

Town/City

Waitsfield

County/Region

Washington

MLS | Web ID

5004379

Features
Interior
Basement Description Concrete Concrete Floor Interior Stairs Interior Access
Basement Yes
Total Number of Units 4
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General
Road Frontage Yes
Sewer On-Site Septic Exists Septic
Heating Propane
Utilities Cable Available Propane Multi Phone Lines
Roof Asphalt Shingle
current use No
Zoning Irasville Village Dist
Exclusions All of tenants' personal property.
Electric Circuit Breaker(s)
Business Type Investment Multi-Family Office Other Retail
Accessibility Features 1st Floor 1/2 Bathroom 1st Floor Hrd Surfce Flr 3 Ft. Doors Access to Parking Zero-Step Entry Ramp
Auction No
Tax Year 2025
Gross Income 109556
Status Detail 0
Covenants Unknown
Construction Materials Wood Frame Wood Siding
Directions RT 100/Main Street in Waitsfield directly across from Couples Field.
City Waitsfield
DOM 520
Price Per Sq Ft Total AG 153.57
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Exterior
Lot Features In Town Near Golf Course Near Paths Near Shopping Near Skiing Valley Landscaped Level Major Road Frontage Mountain View Neighbor Business View
Lot Size Area 1.5
Water Source Drilled Well
Parking Features Assigned Driveway Off Street On-Site
Foundation Block Concrete Fieldstone
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* Excluded Features
List By
Erik Reisner

Listing Agent

Mad River Valley Real Estate

Broker

(802) 496-5000

Phone

erik@mrvre.com

Email

Affordability Calculator

$5,521
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,521
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/10/2025$885,000 -10.15% Price Down
7/10/2024$985,000 Listed Price

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4740 Main Street, Waitsfield, VT, 05673 is a Commercial Property for sale at $885,000 with 5,763 sqft and a lot size of 1.5. The property's zip code is 05673 which is in Waitsfield, VT