Village of Ascutney in Town of Weathersfield VT For Sale $275,000

List Price:$Commercial Property
Price Change! reduced by $24,000
down 9% on May 1st 2025
$275,000 | $61 per sq.ft.
5755 US Route 5 Village of Ascutney in Town of Weathersfield VT
MLS# 5034682
Listed by Jenna Luce RE/MAX Upper Valley on April 3rd 2025
DESCRIPTION
This expansive building offers significant potential for residential or mixed-use development. Originally used as a theatre and grange hall, it retains a charming stage and boasts an open floor plan with soaring ceilings and wood flooring throughout. The structure includes a full bathroom, a partial kitchen, and the framework for two bedrooms--ideal for conversion into a spacious single-family home or potentially a duplex (subject to local zoning and approvals). The building was officially approved for residential use in 2023. Recent upgrades enhance the property's appeal, including a new hot-air oil furnace, full foam insulation, new windows and doors (2018), a new electrical system (2018), and a handicap-accessible ramp to the front entrance. The full, walk-out concrete basement features high ceilings, multiple entry points (including a secondary "dog house" access), and offers excellent additional space for storage or further development. Septic system includes a 1,500-gallon tank and a pump chamber (installed in 2018), connected to a shared septic field rated for 700 gallons/day. The property provides ample parking for at least four vehicles. With flexible zoning, ample space, and key infrastructure already in place, this unique building presents a rare opportunity for creative redevelopment. Conversion to a duplex may be possible with appropriate permitting. Subject to right of first refusal by abutter. Agent has ownership interest.
Disability Features : 1st Floor 3 Ft. Doors | 1st Floor Full Bathroom | Access Restrooms | Accessibility Features | Handicap Modified

Sale Includes : Land/Building
Management Expense-| $0
Insurance Expense -| $0
Net Income| 0
Gross Income| 0
Price per SQFT | 61.11
CONSTRUCTION
Wood Frame
Price Per SQ.FT. 61.11
Year Built: 1940
Basement: Concrete | Full | Partially Finished | Stairs - Interior | Storage Space | Walkout
Building Type: Business | Investment | Office | Opportunity | Retail
Roof: Standing Seam
Garage And Parking: Off Street | Parking Spaces 1 - 10 | Unpaved
Road Frontage: 105
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable - Available
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 0.6 acres
Zoned: VILLAGE)
Road Frontage: 105
ADDITIONAL INFORMATION
Taxes $0 | Assesed Value $0 in

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