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Mixed-Use Property with Apartments

208 Main Street, Cambridge, VT 05444

For Sale
$459,000

Ground-floor commercial space and two apartments combine residential rentals with a village business location.

Property Size2,370 SF
Lot Size0.50 Acres
Price / SF$193.67
Days on Market52

Property Features for 208 Main Street

General Information

Standard status Active
Size 2,370 SF
Lot size 0.50 Acres
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 1 x 1BR, 1 x studio
Multifamily Units 2

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Building Details

Year Built 1860
Tenancy Multi
Listing Agency: Vermont Real Estate Company
Listed By: Kara Koptiuch
Source: Anotchaboverealestate
Added: Sep 20 Changed: Nov 9 Last Checked: Nov 9 at 1:11PM

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 Vermont Real Estate Company

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property in Cambridge contains 2,370 square feet on a half-acre lot. The ground-floor commercial space is occupied by El Gato Cantina, with two rental apartments also on site: an upper-level one-bedroom with a full kitchen and 3/4 bath, and a main-level studio with a private 3/4 bath. The building dates to 1860 and has undergone substantial updates, including 22 Low-E vinyl windows, a high-efficiency on-demand LP boiler, improved insulation, and electrical work. A detached garage, shed, enlarged parking area, and yard are additional site features.

The property is at 208 Main Street in Cambridge, Vermont, within walking distance of shops, the library, art galleries, and Cambridge Community Center. Smugglers' Notch Resort, the Lamoille River, and the Rail Trail are a short distance away. The building was recently inspected and brought into fire code compliance.

Key Highlights

  • 2,370‑square‑foot mixed‑use building on a half‑acre lot
  • Ground‑floor commercial space occupied by El Gato Cantina
  • Two rental apartments: one‑bedroom unit and studio

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Garden Center (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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 05444, VT

1,948
Population
706
Households
2.8
Avg Household Size
40
Median Age
42%
College-Educated
98%
High-School Grad
28.0 sq mi
ZIP Area
70
Density / Sq Mi
$101,336
Median Household Income
$51,763
Median Earnings
$1,160
Median Rent
$342,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space and two apartments combine residential rentals with a village business location.
Where is this mixed-use property located?
The property is located at 208 Main Street Cambridge, VT.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 2,370‑square‑foot mixed‑use building on a half‑acre lot; Ground‑floor commercial space occupied by El Gato Cantina; Two rental apartments: one‑bedroom unit and studio
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