Exceptional opportunity to own a fully rented, income-producing commercial building on 2.46 acres in the Mad River Valley of Vermont - home of Sugarbush and Mad River Glen ski areas. This contemporary property features five spacious units, each offering large office spaces filled with natural light thanks to expansive windows and striking post-and-beam architectural details. The building includes two garage bays and inviting indoor and outdoor common areas providing both functionality and comfort for tenants and clients. Meticulously maintained, the property has a strong rental history offering immediate cash flow with the added flexibility of one unit potentially available for owner occupancy. Whether you are looking to invest or operate your own business, this versatile and well-appointed building offers a rare blend of profitability, style, and location.
Here is a great investment/business opportunity in the heart of the Mad River Valley. Prime location with very high traffic count and close to two shopping centers, Sugarbush Resort, and Mad River Glen. There are two commercial spaces, one being a physical therapy practice that is part of the Central Vermont Medical Center. The second commercial space is currently a real estate office. There are two residential apartments: a 3-bedroom, 1-bath unit with tenants that have been in residence for 30+ years. The second residential unit has two bedrooms and one bath. There is a shared laundry room in between the units. The building has been very well maintained and a solid investment for the current owners. While currently on a drilled well and private septic, municipal water is at the street, and a bond recently passed for the installation of municipal sewer which opens up tons of potential uses for this building. The apartments have nice easterly views of the Northfield Range, southern views towards Sugarbush Resort, and even pleasant western vista. It could easily become quite the luxury penthouse! Former uses of the commercial space include a restaurant and office space.
Waitsfield is located in Vermont. Waitsfield, Vermont has a population of 1,735. Waitsfield is more family-centric than the surrounding county with 40.23% of the households containing married families with children. The county average for households married with children is 25.52%.
The median household income in Waitsfield, Vermont is $72,692. The median household income for the surrounding county is $70,128 compared to the national median of $69,021. The median age of people living in Waitsfield is 47.2 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 6.5 degrees. The average rainfall is approximately 45.3 inches per year, with 103.7 inches of snow per year.
