$799,000

181 South Street, Springfield, VT 05156

  • 4,930 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $162/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

This listing courtesy of Daire Gibney, Barrett and Valley Associates Inc.

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!

Listing Status:
Active
Date Added:
July 29, 2025 at 05:00AM
Listing Office:
Barrett and Valley Associates Inc. : 802-875-2323
Listing Agent:
Daire Gibney : 802-380-5464
MLS ID:
5053976
  • Disability Feature: 1st Floor 1/2 BathroomOne-Level Business3 Ft. DoorsAccess to ParkingAccess to Restroom(s)Access to Common AreasPaved Parking

This listing courtesy of Daire Gibney, Barrett and Valley Associates Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

Union Street Elementary School

43 Union St, Springfield, VT, 05156

Grades 3-5

0.87 miles away

R

Riverside Middle School

13 Fairground Rd, Springfield, VT, 05156

Grades 6-8

1.61 miles away

S

Springfield High School

303 South St, Springfield, VT, 05156

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.