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    247 Main St Warren, VT 05674

    For Sale
    $649,000

    Historic building, 3,423 sq ft, endless potential.

    Property size:
    3,423 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 3,423 square foot property, located at 247 Main Street in the heart of Warren Village, Vermont, presents a unique opportunity for a discerning buyer. Situated on a 0.25-acre lot, this historic building offers a nearly blank slate for creative development. Extensive renovations have already been completed, including new exterior siding, a substantial stone wall, and a gutted interior. Modern upgrades such as spray foam insulation and radiant floor plumbing are in place, providing a solid foundation for future construction. Two wood-burning fireplaces, one on each of the two floors, add character and warmth. The current configuration is a large, open great room, ready for customization to suit a variety of uses. The property's commercial zoning allows for diverse possibilities, including a single-family home with at least five bedrooms (ample town septic capacity exists), a home with an apartment, or a creative/home-based business. Its central location in Warren Village offers unparalleled convenience, with the Warren Store and Pitcher Inn nearby, and the Mad River easily accessible. Cobblestones line the front lawn, adding to the property's historic charm. This is a rare chance to acquire a substantial property in a desirable Vermont village, offering a blend of history, modern amenities, and exceptional flexibility. The extensive work already completed by W. Phillips Co., a local Warren Village business, provides a strong starting point for your vision.

    Property Features for 247 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,423 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1870
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grossman Richard Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Hotel & Motel Clothing Store Kitchen & Bath Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Washington
    State
    Vermont
    Longitude
    -72.8556
    Latitude
    44.11504

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, 3,423 sq ft, endless potential.
    Where is this commercial real estate located?
    The property is located at 247 Main St Warren, VT.
    What is the asking price?
    The asking price for this property is $649,000.
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    247 Main St Warren, VT 05674
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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
    247 Main St Warren, VT 05674
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