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Property profile & analytics
OFF-MARKET
Commercial real estate

10 Clinton St Springfield, VT 05156-3310

10,648 SF 0.83 ac lot Built 1945
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US89-0078555
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1945
Construction FRAME
Total area 10,648 SF
Lot 0.83 ac (36,155 SF)
APN (190) 027/3/39
UPID US89-0078555
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
by Request
Owner & transaction history
Envision Properties, LLC · 1 yrs held
Envision Properties, LLC
since 2024
Last sale
$350,000
3 recorded transactions
2024
$350,000
2022
Price N/A
2022
$120,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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