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Fully Leased Shopping Center

244 River Street, Springfield, VT 05156

For Sale
Contact for pricing

Dollar General and Sherwin Williams occupy the center, with an additional lot included for future development.

Property SizeContact for details
Days on Market13

Property Features for 244 River Street

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Anchor Co-Tenants Dollar General, Sherwin Williams
Highway Access Yes
Road Access Yes

Additional Details

Land Use commercial
Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Pomerleau Real Estate
Listed By: Ross Montgomery · License VT 081.0133969
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 6:23PM

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 Pomerleau Real Estate

Rey
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Investment Insights

Based on property information with market context.

This shopping center is fully leased, with Dollar General and Sherwin Williams among its tenants. Most of the tenancy consists of national businesses with long-term occupancy. An additional lot is part of the property and may support future development, including uses such as solar, storage, or charging stations.

The property fronts River Street and State Highway 106, a retail and commuter route in Springfield, Vermont.

Key Highlights

  • 100% leased, with Dollar General and Sherwin Williams as tenants
  • Most tenants are national businesses with long‑term occupancy
  • Additional lot included for potential future development

Property Analytics

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

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Law Firm Electrical Service Storage Facility Furniture & Home Goods

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
81k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 39% Dining 34% Groceries 24% Home Improvements & Furnishings 2%
McDonald's Dining
19,302 visits/mo 0.4 miles
Shaw's Supermarket Groceries
19,178 visits/mo 0.5 miles
Ollie's Bargain Outlet Shops & Services
11,187 visits/mo 0.4 miles
Dollar General Shops & Services
8,028 visits/mo 0.1 miles
Mobil Shops & Services
6,693 visits/mo 0.5 miles

Demographics for 05156, VT

8,911
Population
4,280
Households
2.1
Avg Household Size
47
Median Age
25%
College-Educated
89%
High-School Grad
61.1 sq mi
ZIP Area
146
Density / Sq Mi
$64,292
Median Household Income
$41,324
Median Earnings
$1,013
Median Rent
$182,100
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 Retail in Northeast region

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

Similar Off Market Nearby

  • Springfield Shopping Plaza Shopping Center — 2 chester rd, springfield, vt 05156
  • Coinstar Kiosk - Bitcoin ATM — 2 Chester Rd Shaw's, Springfield, VT 05156

Frequently Asked Questions

What type of property is this?
Shopping center - Dollar General and Sherwin Williams occupy the center, with an additional lot included for future development.
Where is this shopping center located?
The property is located at 244 River Street Springfield, VT.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 100% leased, with Dollar General and Sherwin Williams as tenants; Most tenants are national businesses with long‑term occupancy; Additional lot included for potential future development
(802) 735-7477 Call to check price and availability
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