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    4740 Main St Waitsfield, VT 05673

    For Sale
    $885,000

    Commercial For Sale - Waitsfield, VT

    Lot size:
    1.50 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 4740 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Irasville Village Dist
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    1.50 Acres

    Utilities

    Heating system
    Propane (Heating)

    Building Details

    Number of units
    4
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Daves Cool, LLC Mad River Valley Real Estate (802) 496-5000 [email protected]

    Listing agent Erik Reisner (802) 496-5000

    Listing date Aug 19, 2025

    MLS# 5004379 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

    Waitsfield Commercial Investment Opportunity

    Located in the heart of the Mad River Valley, this mixed-use property presents a significant investment and business opportunity. The property benefits from a prime location with high traffic volume and proximity to two shopping centers, Sugarbush Resort, and Mad River Glen. It features two commercial spaces, one currently occupied by a physical therapy practice affiliated with Central Vermont Medical Center, and the other by a real estate office. Additionally, there are two residential apartments: a 3-bedroom, 1-bath unit with long-term tenants of over 30 years, and a 2-bedroom, 1-bath unit. A shared laundry room is situated between the apartments. The building has been well-maintained, offering a solid investment. While currently serviced by a drilled well and private septic system, municipal water is available at the street, and a bond has been approved for the installation of municipal sewer, enhancing the property's development potential and opening up various potential uses. The apartments offer easterly views of the Northfield Range, southern views towards Sugarbush Resort, and western vistas. The commercial space has previously been used as a restaurant and office space. The lot size is 1.5 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waitsfield
    County
    Washington
    State
    Vermont
    Longitude
    -72.8306933
    Latitude
    44.1885805

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      Waitsfield Commercial Property - High Traffic Area

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location mixed-use property with high traffic and development potential.
    Where is this mixed-use property located?
    The property is located at 4740 Main St Waitsfield, VT.
    What is the asking price?
    The asking price for this property is $885,000.
    What are key features of this property?
    This property features: - Prime location in the Mad River Valley with high traffic count, near shopping centers and ski resorts (Sugarbush, Mad River Glen).; - Two existing commercial spaces, one leased to Central Vermont Medical Center (physical therapy practice).; - Two residential apartments: a 3-bedroom unit with long-term tenants (30+ years) and a 2-bedroom unit.
    (802) 496-5000
    Request Owner's contact information
    4740 Main St Waitsfield, VT 05673
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    Waitsfield, VT 05673
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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
    4740 Main St Waitsfield, VT 05673
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