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Listed by Dave White • OwnerEntry.com
$ 239,000
Est. payment /mo
Open Sun 12PM-2PM
199 Summer ST Springfield, VT 05156
9 Beds
2 Baths
11,500 SqFt
Open House
Sun Jun 07, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 11,500 sqft
Price per Sqft $20
MLS Listing ID 5092901
Style Other
Bedrooms 9
Half Baths 2
Construction Status Existing
Year Built 1920
Annual Tax Amount $3,793
Tax Year 2025
Lot Size 2.500 Acres
Acres 2.5
Property Sub-Type Condo
Property Description
SHOWING BY OPEN HOUSE SUNDAY FROM NOON-2 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 12,400 sq. ft. former school building with existing road access, municipal water and sewer, and Medium Density Residential zoning. Listed at $239,000, this property offers significant potential for adaptive reuse, multifamily housing, residential development, or a mixed-use concept. Potential redevelopment paths include converting the existing building into approximately 8 rental apartments, daycare or educational space, office/studio use, maker 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, engineering, and feasibility review. Springfield continues to benefit from strong regional housing demand, municipal infrastructure, broadband and 10G fiber availability, access to I-91, Springfield Hospital, and proximity to Okemo, Woodstock, and the Upper Valley. With existing infrastructure in place, residential zoning, and multiple potential exit strategies, this property is well-suited for housing developers, investors, and community development partners.
Location
State VT
County Vt-windsor
Area Vt-Windsor
Zoning r
Rooms
Basement Entrance Interior
Basement Full
Interior
Heating Hot Water, Radiator
Cooling None
Exterior
Parking Features No
Garage Spaces 20.0
Utilities Available Other
Roof Type Other
Building
Lot Description Other
Story 2
Sewer Public
Water Public
Architectural Style Other
Construction Status Existing
Nearby Locations