247 Main St Warren, VT 05674
This exceptional 3,423 square foot property, located at 247 Main Street in the heart of Warren Village, Vermont, presents a unique opportunity for a discerning buyer. Situated on a 0.25-acre lot, this historic building offers a nearly blank slate for creative development. Extensive renovations have already been completed, including new exterior siding, a substantial stone wall, and a gutted interior. Modern upgrades such as spray foam insulation and radiant floor plumbing are in place, providing a solid foundation for future construction. Two wood-burning fireplaces, one on each of the two floors, add character and warmth. The current configuration is a large, open great room, ready for customization to suit a variety of uses. The property's commercial zoning allows for diverse possibilities, including a single-family home with at least five bedrooms (ample town septic capacity exists), a home with an apartment, or a creative/home-based business. Its central location in Warren Village offers unparalleled convenience, with the Warren Store and Pitcher Inn nearby, and the Mad River easily accessible. Cobblestones line the front lawn, adding to the property's historic charm. This is a rare chance to acquire a substantial property in a desirable Vermont village, offering a blend of history, modern amenities, and exceptional flexibility. The extensive work already completed by W. Phillips Co., a local Warren Village business, provides a strong starting point for your vision.
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Grossman Richard Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.