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Offered at $885,000Active
beds
baths
sq ft
Built

4740 Main Street

Waitsfield, VT 05673

Commercial Sale · Active · MLS #5096869
Listing Courtesy of Mad River Valley Real Estate | Erik Reisner

The home

About this home

Here is a great investment/business opportunity in the heart of the Mad River Valley. Prime location with very high traffic count and close to two shopping centers, Sugarbush Resort, and Mad River Glen. There are two commercial spaces, one being a former physical therapy practice. The second commercial space is currently a real estate office. There are two residential apartments: a 3-bedroom, 1-bath unit with tenants that have been in residence for 30+ years. The second residential unit has two bedrooms and one bath. There is a shared laundry room in between the units. The building has been very well maintained and a solid investment for the current owners. While currently on a drilled well and private septic, municipal water is at the street, and a bond recently passed for the installation of municipal sewer which opens up tons of potential uses for this building. The apartments have nice easterly views of the Northfield Range, southern views towards Sugarbush Resort, and even pleasant western vista. It could easily become quite the luxury penthouse! Former uses of the commercial space include a restaurant and office space.

Property information

Details at a glance

Interior1 property facts
Heating
Propane
Building3 property facts
Style
Other
Foundation
Block
Roof
Shingle
Land & utilities4 property facts
Lot size
1.5 acres
Water
Well
Sewer
Septic Tank
Zoning
Irasville Village Dist
Financial2 property facts
Annual taxes
$14,323
Assessment year
2025

Plan your purchase

Estimated monthly cost

Explore costs at the $885,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,669 / monthAdjust
Principal & interest
$4,475
Property tax
$1,194
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $14,323. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

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Price & market context

See how this home compares with active listings in Waitsfield.

This home compared with active listings in Waitsfield
MetricThis homeLocal listings
List price$885,000$765,00016% above local
Price / sq ft
Days on market593190% above local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

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About 4740 Main Street

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Request a tour of 4740 Main Street and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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