181 South St - Storefront Retail/Residential FOR SALE


Springfield, VT 05156
$699,000 USD
802-380-5464
181 South St, Springfield, VT for Sale
$699,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

181 South St
Springfield, VT 05156


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,856 SF

ZONING

-

APN/PARCEL ID

606-190-11845

ASK ABOUT THIS PROPERTY

Daire GibneyBarrett & Valley Associates IncMore Info
802-380-5464

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Daire GibneyBarrett & Valley Associates IncMore Info
802-380-5464

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.