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Property profile & analytics
OFF-MARKET
Commercial real estate

247 Main St Warren, VT 05674

3,423 SF 0.25 ac lot Built 1870
Property ID
US89-0016823
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1870
Total area 3,423 SF
Lot 0.25 ac (10,890 SF)
UPID US89-0016823
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
Current use
Occupant on record · Public records
  • Grossman Richard Law Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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