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Mixed-Use Building with Apartments
New
For Lease
$649,000

23 School St, Chester, VT 05143

Village Center zoning and a blend of professional office and residential space support multiple established uses.

Space SizeContact for details
Days on Market7

Property Features for 23 School St

General Information

Standard status Active
Property subtype Commercial
Zoning Village Center
Occupancy 100%

Taxes and HOA fees

Annual Taxes $14,271

Building Details

Year Built 1880
Tenancy Multi
Listing Agency: Real Broker LLC
Listed By: Betsy Adamovich
Source: Thepaulmartinteam
Added: Sep 29 Last Checked: Oct 5 at 6:16PM

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.

Built in 1880, this mixed-use property combines front-facing professional office space with four residential units. All four apartments and the office are occupied. The office tenant also leases one of the apartments for employee housing. The building includes basement garage space and additional storage, with parking on both sides of the property. It has received ongoing maintenance, and no major upgrades or repairs are identified as necessary.

At 23 School Street, the property sits near Chester Village Green and Main Street. Shops, restaurants, and village amenities are nearby; the Swinging Bridge, Williams River, and a scenic footpath are less than a quarter mile away. The property is zoned Village Center.

Key Highlights

  • Mixed‑use property with professional office space and 4 residential units
  • All office and residential spaces are currently occupied
  • Built in 1880

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

100%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

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 - Village Center zoning and a blend of professional office and residential space support multiple established uses.
Where is this mixed-use property located?
The property is located at 23 School St Chester, VT.
What is the lease rate?
The lease rate is $649,000.
What are key features of this property?
This property features: Mixed‑use property with professional office space and 4 residential units; All office and residential spaces are currently occupied; Built in 1880
More about this property
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