10 Clinton St Springfield, VT 05156-3310
This exceptional investment opportunity presents a versatile 12,860 square foot, multi-tenant commercial property located at 10 Clinton Street in Springfield, Vermont. The property, built in 1945 and boasting a Class C designation, includes a restaurant, seven offices, and a substantial 2,100 square foot, four-bedroom apartment with an office. The building sits on a 0.83-acre lot and features two parking lots providing ample parking for 20 vehicles. Recent exterior upgrades, including new vinyl siding, enhance the property's curb appeal. The property is zoned COMM/RES, offering flexibility for future uses. The asking price is $395,000, translating to $30.72 per square foot. The building comprises two stories and is currently available for sale by owner with an occupancy date of October 13, 2023. Its prime location ensures high visibility and significant traffic flow, making it an ideal investment for owner-users seeking a multi-faceted commercial property with strong rental potential. The property's diverse layout and substantial size offer a unique opportunity to capitalize on the vibrant Springfield market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.