Courtesy of StoneCrest Properties, LLC2
  • 0 / 0
  • 9
  • 1840
  • 0.07
Active Status Commercial Sale
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GREAT PRICE all reasonable offers will be considered! 10% Cap rate at current price with rents low, imagine the margins you could make here with forced appreciation! This is an awesome commercial investment opportunity in the heart of Plainfield village waiting for a bright mind to bring it to its full potential. Possibilities with proper permitting might include: General store, light manufacturing, and with this amount of space multiple businesses and/or offices can be sustained along with the current residential units. Priced to sell this is a large building with a lot of character that was originally built in 1840 as a residence, and has had two additions since. This building has great exposure with frontage on both busy Route 2 and Main Street, plus a steady flow of foot traffic directly in front. The first level is fully leased with two current established businesses, and there is also a residential unit on the second level which is occupied. With tons of unrealized value to be tapped into this would be a great beginning to or addition for any portfolio. Sellers are motivated and anxious to see this historic icon operating at its peak potential again.

Address: 20 School Street
State: VT
City: Plainfield
County: Vt-Washington
Zip Code: 05667
MLS#: 4740497
MLS Area:
Taxes: $3,501

Price History

Date Price Event Change MLS#:
3/15/2019 $129,900 List Price 4740497
8/6/2018 $129,900 List Price -7.15% 4626182
5/10/2018 $139,900 List Price -3.45% 4626182
8/11/2017 $144,900 List Price 4626182

Nearby Schools

Center School Montessori(Preschool-K)
Orchard Valley Waldorf School(Preschool-8)
Twinfield Usd #33(Preschool-12)4
Calais Elementary School(Preschool-6)
East Montpelier Elementary School(Preschool-6)
Montessori School Of Central Vermont(K-6)
Central Vermont Catholic School(Preschool-8)
Maplehill School(7-12)
Orchard Valley Waldorf School(Preschool-8)
Twinfield Usd #33(Preschool-12)4
Calais Elementary School(Preschool-6)
East Montpelier Elementary School(Preschool-6)
Montessori School Of Central Vermont(K-6)
Central Vermont Catholic School(Preschool-8)
The Initiative: A Vermont Waldorf High School(9-12)
Maplehill School(7-12)
Twinfield Usd #33(Preschool-12)4

Interior Details

  • Appliances:
  • Features:
  • Furnished:
  • Floor Type:
  • Cooling:
  • Heating:Baseboard, Radiator
  • Fuel:Oil
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • WaterFront Description:River
  • Exposure:
  • Roof Type:Membrane
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:
  • Lot Size:0.07
  • Exterior:Wood

Community Details

  • HOA: $0/mo
    Fees Include:

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:From Montpelier West on Route 2 to the Junction of Main Street and Route 2 in Plainfield Village. From Danville East on Rt 2 to the Junction of Main Street and Route 2 in Plainfield Village.

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Property Information Last Updated: 3/24/2019 9:07:53 PM
Property Listed By StoneCrest Properties, LLC2


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