Woodstock VT For Sale $2,200,000

List Price:$Commercial Property $2,200,000 | $155 per sq.ft.
Under Contract 3 Elm Street Woodstock VT | Space type
MLS# 5045785
Listed by John Wetmore Wetmore Real Estate on June 11th 2025
DESCRIPTION
The prime commercial location in well known Woodstock Village! A corner restaurant, in this landmark building, has historically been the favorite "watering hole" that almost every visitor to Woodstock easily remembers. While this 3 story building is certainly large in size, the scope of the development potential is even greater! Currently, the lower levels of the building are anchored by a 5000 sq. ft. restaurant/bar, a 1900 sq. ft. retail specialty store and a 800 sq. ft. real estate office. Current 2nd floor tenants are a law office, a real estate office and offices for the restaurant enterprise. Additional quality 2nd floor spaces are available, for retail or offices! A 3rd floor, with dramatic views of village life and distant hillsides, is a blank slate awaiting creative repurposing! Woodstock's Central Commercial zoning allows the possibility for mixed use of the property. The existing tenants are enthusiastic about the potential of the property and are advocates for the value of the location! Broad community support exists to encourage the renovation of the property. The acquisition cost is the 1st investment. The renovation expense will be substantial. A phased development approach, nurtured with an influx of cash flow generated by current tenants, could result in creation of a dynamic new anchor for the commercial center of historic Woodstock Village! The location is prime! The enormous potential is obvious! An entrepreneurial opportunity in Woodstock Village awaits!
Sale Includes : Land/Building
Management Expense-| $0
Insurance Expense -| $0
Net Income| 0
Gross Income| 0
Price per SQFT | 154.88
CONSTRUCTION
Wood Frame | Brick Exterior | Stone Exterior
Price Per SQ.FT. 154.88
Year Built: 1850
No. of Units-| 13
Basement: Climate Controlled | Concrete Floor | Partial | Partially Finished | Interior Stairs | Storage Space | Unfinished | Interior Access
Roof: Membrane
Road Frontage: 140
Electric: Circuit Breaker(s)
Utilities: Cable at Site | Propane | Telephone at Site
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 0.13 acres
Zoned: Central Commercial)
Surveyed: Yes
SurveyedBy: Hathorn
Flood Zone: No
Road Frontage: 140
ADDITIONAL INFORMATION
Docs Available : Aerials | Deed | Lease Agreements | Tax Map
Taxes $27,346 | Assesed Value $0 in

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