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Mixed-Use Property with Two Apartments
For Sale
$885,000

4740 Main Street, Waitsfield, VT 05673

Commercial Sale, Waitsfield, VT

Property SizeContact for details
Lot Size1.50 Acres
Days on Market65

Property Features for 4740 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Irasville Village Dist
Rooms Basement
Parking features Assigned, Driveway, Off Street
Accessibility Accessible Approach with Ramp
Lot features In Town, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Valley, Landscaped, Level, Major Road Frontage, Mountain View, Neighbor Business, View
Directions RT 100/Main Street in Waitsfield, directly across from Couples Field.
Standard status Active
Lot size 1.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14323

Utilities

Utilities Cable Available
Heating system Propane (Heating)
Water source Well

Amenities

shared laundry room

Building Details

Building materials Wood Frame, Wood Siding
Roof type Shingle
Listing Agency: Mad River Valley Real Estate
Listed By: Erik Reisner
Added: Jun 26 Changed: Aug 24 Last Checked: Aug 29 at 11:06AM
MLS# 5096869

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use building at 4740 Main Street includes two commercial spaces and two residential apartments. One commercial suite was formerly used for physical therapy, while the other operates as a real estate office; the spaces have also previously accommodated restaurant and office uses. Residential accommodations include a three-bedroom, one-bath apartment occupied by tenants for more than 30 years and a separate two-bedroom, one-bath unit. A shared laundry room serves the apartments.

The 1.5-acre property is located near two shopping centers, Sugarbush Resort, and Mad River Glen. The building is constructed with wood frame and wood siding, has a shingle roof, propane heating, a drilled well, and private septic. Municipal water is available at the street, and a recently passed bond supports planned municipal sewer installation. Parking includes off-street, driveway, and assigned spaces, with an accessible approach and ramp. Residential views extend toward the Northfield Range, Sugarbush Resort, and the west.

Key Highlights

  • 1.5‑acre mixed‑use property at 4740 Main Street, Waitsfield, VT 05673
  • Two commercial spaces plus two residential apartments
  • Three‑bedroom, 1‑bath apartment with 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

370
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile building combining two commercial suites, two apartments, shared laundry, and established on-site access.
Where is this mixed-use property located?
The property is located at 4740 Main Street 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: 1.5‑acre mixed‑use property at 4740 Main Street, Waitsfield, VT 05673; Two commercial spaces plus two residential apartments; Three‑bedroom, 1‑bath apartment with tenants in residence for 30+ years
More about this property
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