199 Summer ST, Springfield, VT 05156
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199 Summer ST, Springfield, VT 05156
199 Summer ST, Springfield, VT 05156
199 Summer ST, Springfield, VT 05156
199 Summer ST, Springfield, VT 05156
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Listed by Daire Gibney • Barrett and Valley Associates Inc.
$ 200,000
Est. payment /mo
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199 Summer ST Springfield, VT 05156

9 Beds

2 Baths

23,000 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 23,000 sqft

Price per Sqft $8

MLS Listing ID 5111439

Style Other

Bedrooms 9

Full Baths 2

Construction Status Existing

Year Built 1900

Lot Size 2.500 Acres

Acres 2.5

Property Sub-Type Condo

Property Description

A substantial redevelopment opportunity on approximately 2.5 acres in Springfield. The property features an approximately 11,500 sq. ft. former school building with municipal water and sewer, established road access, and Medium Density Residential zoning—creating a strong foundation for a range of future uses. The scale of the building and site opens the door to several possibilities. Concepts explored for the property include conversion of the existing structure into approximately eight rental apartments, daycare or educational space, community-oriented uses, or a mixed-use project. The surrounding acreage may also lend itself to a broader residential development concept, including the potential for approximately 12 smaller homes, subject to municipal and state permitting and approvals. Springfield provides an appealing setting for residential investment and redevelopment, with 10G fiber availability, convenient access to I-91, Springfield Hospital, and easy connections to the Upper Valley, Okemo Mountain Resort, Woodstock, and the wider Southern Vermont region. For a developer, investor, or organization looking for a property with scale, infrastructure, and multiple avenues for reuse, this is an opportunity worth exploring.

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning res

Rooms

Basement Entrance Interior

Basement Partially Finished

Interior

Heating Hot Water, Radiator

Cooling None

Exterior

Parking Features No

Utilities Available Cable, Cable Available

Roof Type Slate

Building

Lot Description City Lot, Condo Development, Level, Rental Complex, Sidewalks, In Town, Neighborhood, Near Hospital

Story 2

Sewer Public

Water Public

Architectural Style Other

Construction Status Existing

Others

Special Listing Condition None


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199 Summer ST

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