Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    140 Portland St Morristown, VT 05661

    For Sale
    $1,470,000

    Commercial For Sale - Morristown, VT

    Lot size:
    0.18 Acres
    Days on Market:
    140
    Last Refresh:
    Dec 12 at 12:06 am

    Property Features for 140 Portland St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    0.18 Acres

    Building Details

    Year built
    1900
    Roof type
    Shingle
    Architectural style
    Other

    Pall Spera Company Realtors, LLC (802) 253-9771 [email protected]

    Listing agent Pall Spera (802) 253-9771

    Listing date Jul 26, 2025

    MLS# 5053572 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Business & Real Estate

    A profitable dry cleaning and laundromat business, established for over 30 years, is available for purchase along with the real estate. The sale includes two buildings in prime locations in Morristown and Montpelier, Vermont. Additionally, the property features owner's living quarters and two income-producing apartments. The business is turnkey and presents an opportunity for individuals seeking to own and operate a profitable venture. The property is zoned for commercial use and has a lot size of 0.18 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Dental Office Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Peck's Flower Shop, Central Market Florist

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Lamoille
    State
    Vermont
    Longitude
    -72.5980171
    Latitude
    44.5637874

    Nearby Similar for Sale

    • $295,000
      2,426 SF

      Morristown Multi-Unit Property For Sale

      Two-unit property in Morrisville, VT, with attached garage.
      56 Maple St, Morristown, VT 05661
      View Details
    • $465,000
      0.20 Acres

      Morristown Mixed-Use Property For Sale

      Village property with modern updates, potential for commercial or residential use.
      9 Brooklyn St, Morristown, VT 05661
      View Details
    • $2,495,000
      1.06 Acres

      Unique Vermont Inn and Venue

      Income property with development potential near Stowe and Smuggler's Notch.
      83 Maple St, Morristown, VT 05661
      View Details
    • $1,999,000

      Newer Multifamily Property in Morrisville

      Well-maintained 9-unit multifamily property built in 2022 in Vermont.
      661 Laporte Rd, Morristown, VT 05661
      View Details
    • $3,999,000

      Fully Occupied Multifamily Property

      Multifamily property is fully occupied.
      24 Jersey Way, Morristown, VT 05661
      View Details
    • $425,000
      0.11 Acres

      Morristown Mixed-Use Building For Sale

      Mixed-use building with residential and office space potential in Morristown.
      26 Union St, Morristown, VT 05661
      View Details

    FAQs

    What type of property is this?
    Storefront property - Established dry cleaning and laundromat business with real estate for sale.
    Where is this storefront property located?
    The property is located at 140 Portland St Morristown, VT.
    What is the asking price?
    The asking price for this property is $1,470,000.
    What are key features of this property?
    This property features: - Established 30+ year profitable dry cleaning and laundromat business.; - Sale includes two prime real estate buildings in Morristown and Montpelier.; - Turnkey business operation ready for immediate ownership and operation.
    (802) 253-9771
    Request Owner's contact information
    140 Portland St Morristown, VT 05661
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    140 Portland St
    Morristown, VT 05661
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 Portland St Morristown, VT 05661
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.