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Mixed-Use Building
New
For Sale
$649,000

23 School Street, Chester, VT 05143

Four rented residences accompany professional office space in this village property.

Property Size13,788 SF
Price / SF$47.07
Days on Market4

Property Features for 23 School Street

General Information

Standard status Active
Size 13,788 SF
Property subtype Multi-family
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Year Built 1880
Buildings 1
Tenancy Multi
Listing Agency: Real Broker LLC
Listed By: Betsy Adamovich
Source: Poquetterealty
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 7:49AM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

At 23 School Street, this mixed-use building combines professional office space with four residential units, all currently rented. The commercial space is leased, and its tenant covers heat and electricity. The building dates to 1880 and includes storage throughout, with garage space in the basement. Parking is available on both sides of the property.

The property sits just off Chester Village Green, with local shops, restaurants, and village amenities nearby. The Swinging Bridge, Williams River, and a scenic footpath are less than a quarter mile away at the end of School Street. The current mix of occupied office and residential space provides multiple income streams.

Key Highlights

  • Four residential units are currently rented alongside leased professional office space
  • Built in 1880
  • Parking is available on both sides of the building

Property Analytics

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Current Use

Shanti Polarity Energy Physician

Suggested Use

Top Pick Electrical Service Auto Parts Store Big Box & Wholesale Store Garden Center Storage Facility Auto Repair Shop

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 05143, VT

4,698
Population
2,818
Households
1.7
Avg Household Size
51
Median Age
36%
College-Educated
95%
High-School Grad
114.2 sq mi
ZIP Area
41
Density / Sq Mi
$73,438
Median Household Income
$44,896
Median Earnings
$961
Median Rent
$248,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four rented residences accompany professional office space in this village property.
Where is this mixed-use property located?
The property is located at 23 School Street Chester, VT.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Four residential units are currently rented alongside leased professional office space; Built in 1880; Parking is available on both sides of the building
More about this property
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