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    181 South St Springfield, VT 05156

    For Sale
    $699,000

    Commercial For Sale - Springfield, VT

    Lot size:
    0.21 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 181 South St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    comm/Res
    Lot size
    0.21 Acres

    Building Details

    Year built
    1960
    Number of units
    3
    Roof type
    Shingle
    Architectural style
    Other

    Barrett & Valley Associates Inc (802) 843-2390 [email protected]

    Listing agent Daire Gibney (802) 843-2390

    Listing date Oct 3, 2025

    MLS# 5053976 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

    Versatile Commercial Property in Springfield, VT

    This well-maintained commercial property is located in the heart of Springfield, VT. The building features three units: two fully renovated, income-generating 2-bedroom rental apartments, and a ground-floor space currently operating as a 25-seat restaurant and event venue. The restaurant space includes a spacious, modern kitchen suitable for catering. The ground floor offers potential for various businesses, including a neighborhood market, deli, or retail store. A service window enhances the space’s functionality for quick service, take-out, or drive-through offerings. The property is situated in a prime location with foot traffic, strong community ties, and access to nearby amenities. The 0.21-acre lot is zoned for commercial/residential use. The property's history includes use as a local deli. The combination of residential units and commercial space makes this an opportunity in Springfield's growing market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Windsor
    State
    Vermont
    Longitude
    -72.4772067
    Latitude
    43.2857115

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with restaurant and apartments in prime location.
    Where is this mixed-use property located?
    The property is located at 181 South St Springfield, VT.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Income-generating property with two fully renovated 2-bedroom rental apartments.; - Adaptable ground-floor commercial space currently operating as a 25-seat restaurant and event venue.; - Prime location in Springfield, VT, with excellent foot traffic and strong community ties.
    (802) 843-2390
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    Springfield, VT 05156
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    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
    181 South St Springfield, VT 05156
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