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Mixed-Use Property with Laundry Business
New
For Sale
$995,000

140 Portland Street, Morristown, VT 05661

Commercial Sale, Morristown, VT

Property SizeContact for details
Lot Size0.18 Acres
Days on Market6

Property Features for 140 Portland Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Rooms Basement
Parking features On Street, Driveway
Subdivision Denoias Dry Cleaning
Lot features In Town, Near Paths, Near Shopping, Near Public Transport, City Lot, Curbing, Sidewalks, Street Lights
Standard status Active
Lot size 0.18 Acres

Additional Details

Business Included Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8212

Utilities

Utilities Cable Available
Water source Public

Building Details

Year built 1900
Building materials Wood Frame, Clapboard Exterior
Roof type Shingle
Listing Agency: Pall Spera Company Realtors-Stowe
Listed By: Pall Spera
Added: Oct 29 Last Checked: Nov 3 at 6:06PM
MLS# 5116229

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property includes a dry-cleaning and laundromat business with more than 30 years of history, the owner’s living quarters, and two apartments that provide additional income. The business and real estate are offered together. The property occupies a 0.18-acre lot and was built in 1900, with wood-frame construction and clapboard exterior siding.

Commercial zoning, public water, and cable availability are among the documented property details. The building also has a shingle roof and basement. Parking options include a driveway and on-street spaces.

Key Highlights

  • Dry‑cleaning and laundromat business with 30+ years of history
  • Sale includes the business and real estate
  • Owner’s living quarters plus two income‑producing apartments

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Storage Facility Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 05661, VT

5,881
Population
3,276
Households
1.8
Avg Household Size
45
Median Age
40%
College-Educated
94%
High-School Grad
65.3 sq mi
ZIP Area
90
Density / Sq Mi
$65,057
Median Household Income
$40,781
Median Earnings
$1,176
Median Rent
$268,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The offering combines a dry-cleaning and laundry business with owner’s quarters and two apartments.
Where is this mixed-use property located?
The property is located at 140 Portland Street Morristown, VT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Dry‑cleaning and laundromat business with 30+ years of history; Sale includes the business and real estate; Owner’s living quarters plus two income‑producing apartments
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