Chester VT For Sale $385,000

List Price:$Commercial Property $385,000 | $107 per sq.ft.
145 South Main Street Chester VT | Space type
MLS# 5097411
Listed by The Nancy Jenkins Team Nancy Jenkins Real Estate on June 30th 2026
DESCRIPTION
Exceptional mixed-use opportunity with strong visibility on South Main Street in downtown Chester. Offered at an attractive 8% cap rate, this versatile property features two residential apartments--a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit--alongside two commercial spaces, creating a diverse and stable income stream. A large barn adds tremendous upside with the potential for additional units or expanded uses, subject to local approvals. Positioned in the heart of one of Southern Vermont's most charming villages, the property benefits from excellent exposure and convenient access to Chester's vibrant downtown, local shops, restaurants, and year-round events. Ample parking provides added convenience for residents, customers, and tenants alike. Whether you're looking to expand your portfolio, establish a business presence, or capitalize on future development potential, this well-located property offers the ideal blend of cash flow, visibility, and long-term opportunity. 3D Virtual Tour available upon request.
Sale Includes : Building Only
Management Expense-| $0
Insurance Expense -| $0
Net Income| 30610
Gross Income| 54420
Price per SQFT | 106.71
CONSTRUCTION
Wood Frame
Price Per SQ.FT. 106.71
Year Built: 1880
No. of Units-| 5
Basement: Unfinished
Roof: Slate
Electric: Circuit Breaker(s)
Utilities: Cable Available
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 0.8 acres
Zoned: Commercial)
ADDITIONAL INFORMATION
Taxes $7,812 | Assesed Value $0 in

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