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Mixed-Use Building with Apartments
For Sale
$885,000

4740 Main St, Waitsfield, VT 05673

Two commercial spaces and two apartments create a flexible mixed-use configuration in the Mad River Valley.

Property Size5,763 SF
Price / SF$153.57
Days on Market33

Property Features for 4740 Main St

General Information

Standard status Active
Size 5,763 SF

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2
Office Units 2

Additional Details

Utilities to Site Yes

Amenities

shared laundry room

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Mad River Valley Real Estate
Listed By: Erik Reisner
Source: Megansellsnh
Added: Jul 28 Changed: Aug 28 Last Checked: Aug 28 at 1:08PM

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 Mad River Valley Real Estate

Investment Insights

Based on property information with market context.

This 5,763-square-foot mixed-use building includes two commercial spaces and two residential apartments. One commercial area was formerly used for physical therapy and the other currently serves as a real estate office; prior commercial uses also included a restaurant. The residential component consists of a three-bedroom, one-bath apartment occupied by tenants for 30+ years and a two-bedroom, one-bath apartment. A shared laundry room connects the residential units.

Located at 4740 Main St in Waitsfield, the property is near two shopping centers, Sugarbush Resort, and Mad River Glen. The apartments offer easterly views toward the Northfield Range, southern views toward Sugarbush Resort, and western vistas.

The property currently uses a drilled well and private septic system. Municipal water is at the street, and a bond has passed for municipal sewer installation.

Key Highlights

  • 5,763‑square‑foot mixed‑use building with two commercial spaces and two apartments
  • Three‑bedroom, one‑bath apartment and two‑bedroom, one‑bath apartment
  • One residential unit has had tenants in residence for 30+ years

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Furniture & Home Goods Grocery & Convenience 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
Office units
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 05673, VT

2,680
Population
1,872
Households
1.4
Avg Household Size
48
Median Age
64%
College-Educated
98%
High-School Grad
53.0 sq mi
ZIP Area
51
Density / Sq Mi
$94,837
Median Household Income
$50,676
Median Earnings
$1,341
Median Rent
$434,200
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial spaces and two apartments create a flexible mixed-use configuration in the Mad River Valley.
Where is this mixed-use property located?
The property is located at 4740 Main St Waitsfield, VT.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: 5,763‑square‑foot mixed‑use building with two commercial spaces and two apartments; Three‑bedroom, one‑bath apartment and two‑bedroom, one‑bath apartment; One residential unit has had tenants in residence for 30+ years
More about this property
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