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Mixed-Use Triplex with Waterfront
For Sale
$385,000

1950 North Main St, Londonderry, VT 05148

Three-unit property offers fully rented income and mixed commercial/residential zoning with waterfront frontage and parking.

Property SizeContact for details
Days on Market49

Property Features for 1950 North Main St

General Information

Standard status Active
Property subtype Investment
Zoning Commercial/Residential
Occupancy 100%

Units

Multifamily Units 3
Office Units 1

Additional Details

Business Included Yes
Road Access Yes

Building Details

Year Built 1890
Tenancy Multi
Listing Agency: TPW Real Estate
Listed By: Wilkie F Bushby
Source: Elliman
Added: Jul 4 Changed: Jul 10 Last Checked: Aug 20 at 7:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TPW Real Estate

Investment Insights

Based on property information with market context.

This for-sale three-unit mixed-use property includes two houses, one apartment unit, and an office space unit. The offering is fully rented, with existing rental arrangements in place. In addition to the three units, the property includes four garages, providing on-site storage and parking support. The land features waterfront frontage along Utley Brook and is described as having 365 feet of water frontage.

The site is positioned along the Utley Brook branch of the West River, with the public remarks also noting 435 feet of access associated with Londonderry Market and “loads of parking” for visitor and customer access. The property is described as having zoning that supports both commercial and residential use, expanding the range of operating concepts that may be considered.

For tenants and buyers, the current configuration supports an owner who wants to live in one unit while the other units continue generating rental income, or to operate a mixed residential and commercial plan under the property’s commercial/residential zoning designation. Prospective buyers may also evaluate the site for owner-occupied or business use scenarios, given the existing office space and massage therapy business mention in the remarks, along with the stated waterfront and parking features.

Key Highlights

  • 3‑unit multi‑family property built in 1890; ALL 3 units are fully rented and generating income
  • Zoned for both commercial and residential use, with office space and massage therapy business in place now
  • Waterfront frontage along the Utley Brook branch of the West River with 365 feet of waterfront

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher

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

1
Office units
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 05148, VT

1,423
Population
1,145
Households
1.2
Avg Household Size
47
Median Age
53%
College-Educated
91%
High-School Grad
26.9 sq mi
ZIP Area
53
Density / Sq Mi
$82,807
Median Household Income
$35,262
Median Earnings
$1,145
Median Rent
$369,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property offers fully rented income and mixed commercial/residential zoning with waterfront frontage and parking.
Where is this triplex located?
The property is located at 1950 North Main St Londonderry, VT.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 3‑unit multi‑family property built in 1890; ALL 3 units are fully rented and generating income; Zoned for both commercial and residential use, with office space and massage therapy business in place now; Waterfront frontage along the Utley Brook branch of the West River with 365 feet of waterfront
More about this property
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