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Condo $239,000 | $21 per sq.ft.
11500 sq.ft. |9 Bedroom | 2 Bathroom
199 Summer Street Springfield VT
MLS# 5092901 -
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Listed by Dave White OwnerEntry.com on June 4th 2026
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DESCRIPTION
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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 11,500 sq. ft. former school building with road access, municipal water and sewer, and Medium Density Residential zoning. Listed at $239,000, this property offers significant potential for reuse, multifamily housing, residential development, or a mixed-use concept. Potential redevelopment paths include converting the building into approximately 8 rental apartments, daycare or educational 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 and feasibility review. Springfield continues to benefit from strong regional housing demand, 10G fiber availability, access to I-91, Springfield Hospital, and proximity to Okemo, and Woodstock. With existing residential zoning this property is well-suited for developers or investors.
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ROOM INFORMATION
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ROOM SIZE FLOOR Total Rooms: 12 Total Baths: 2 1/2 Baths: 2 Total Bedrooms: 9 -
CONSTRUCTION
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Brick Exterior
Price Per SQ.FT. 20.78
Year Built: 1920
Style: Other
Livable Space: 11500
Above Grade Sq.Ft.: 11500
Below Grade Sq.Ft.: 0
Basement Access:
Basement: Full
Roof: Other -
LAND INFORMATION
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Other
Lot size: 2.5 acres
Zoned: r
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Road Frontage: 1
Driveway: Paved
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UTILITIES
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Heating: Hot Water | Radiator
Cooling: None
Electric: On-Site -
SERVICES
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Utilities: Other
Water: Public
Sewer: Public
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ADDITIONAL INFORMATION
- Taxes $3,793 | Assesed Value $0 in
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SCHOOLS
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Data last updated June 9th, 2026
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