Map
Listed price in listed location currency (USD).
$239,000

9220

MLS® 5092901

Overview

Key Facts

Type Condominium
Levels Residential
Size 11500 sqft
Garage 
Maintenance Fees 
Taxes $3,793
Days Active 3
Approx. Age 1920
Avg. Price Per Sqft $20
MLS® Number 5092901

Property Address: 199 Summer St, Springfield, VT, 05156-2716

Average square foot calculated using Size range provided by listing agent.

Description

SHOWING BY OPEN HOUSE SUNDAY FROM NOON-2 A unique opportunity to acquire the former East School property at 199 Summer Street in Springfield, Vermont. Set on approximately 2.5 acres, the property includes a roughly 12, 400 sq. ft. former school building with existing road access, municipal water and sewer, and Medium Density Residential zoning. Listed at $239, 000, this property offers significant potential for adaptive reuse, multifamily housing, residential development, or a mixed-use concept. Potential redevelopment paths include converting the existing building into approximately 8 rental apartments, daycare or educational space, office/studio use, maker space, community space, or a mixed-use project. The larger site may also support additional development concepts, including approximately 12 small homes or cottage-style homes, subject to permitting, engineering, and feasibility review. Springfield continues to benefit from strong regional housing demand, municipal infrastructure, broadband and 10G fiber availability, access to I-91, Springfield Hospital, and proximity to Okemo, Woodstock, and the Upper Valley. With existing infrastructure in place, residential zoning, and multiple potential exit strategies, this property is well-suited for housing developers, investors, and community development partners.
MLS® Number5092901
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1920
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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