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    109 Park St Springfield, VT 05156

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    For Sale
    $205,000

    Well-maintained commercial property with great visibility and off-street parking.

    Lot size:
    0.25 Acres

    Property Features for 109 Park St

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1930

    Source: Red Maple Realty LLC Agent Kerry Mulverhill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space For Sale

    This well-maintained, single-level commercial property is located just off a busy side street in Springfield's Residential Commercial District, offering great visibility and off-street parking. The property features a single-story layout for easy access and efficient operation. It has a dual-suite setup, with both suites having two forms of egress. One side can be occupied while the other is rented out for additional income. The property is located in a high-traffic area with excellent exposure. This space is suitable for various businesses, including salon owners, service providers, or entrepreneurs. Some salon equipment may be available for purchase.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Windsor
    State
    Vermont
    Longitude
    -72.487468
    Latitude
    43.297951

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    FAQs

    What type of property is this?
    Retail space - Well-maintained commercial property with great visibility and off-street parking.
    Where is this retail space located?
    The property is located at 109 Park St Springfield, VT.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: - Dual-suite setup allows owner to occupy one side and rent out the other for additional income.; - High-traffic location with excellent exposure ensures visibility for businesses.; - Single-story layout provides easy access and efficient operation.
    (802) 275-2603
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    109 Park St 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
    109 Park St Springfield, VT 05156
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