Description
Prime Downtown Location Meets Exceptional Mixed-Use & Investment Potential! Welcome to this classic multi-family building perfectly situated on Park Street in the vibrant heart of Waterbury, VT. Featuring front-row, panoramic views of Rusty Parker Memorial Park, this rare 3-unit property blends iconic Vermont charm with powerful, modernized, development potential. Take full advantage of Waterbury's newly adopted Unified Development Bylaws, which intentionally clear the path for small-scale mixed-use conversions, increased unit density, and expanded lot coverage. Whether your vision includes converting a portion of the building into a premium street-facing retail space, a boutique office, or expanding the existing residential footprint, the town's flexible new framework makes it easier than ever to maximize your return on investment.Step out your front door to enjoy weekly summer farmers' markets, community concerts, and festivals right across the street. Tenants and patrons alike will love being steps from Waterbury's legendary dining scene, and craft breweries. Commuters and outdoor enthusiasts benefit from immediate access to Interstate 89, putting world-class skiing and mountain biking trailhead just minutes away. With a historically low vacancy rate in Central Vermont and progressive new zoning in place, this property promises cash flow alongside unmatched future upside. Don't miss your chance to own a piece of Waterbury's most dynamic and adaptable streetscape!
Details
| MLS # | 5098043 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (30) Under Contract - Pending |
| Year | 1910 |
| Days On Site | 95 |
| Listing Provided By | Vermont Life Realtors | Craig Santenello |
Features
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 3 |
| Zoning | Mixed Use |
| Acreage | 0.08 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Propane, Direct Vent, Hot Air, Wall Furnace |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Wood Frame, Wood Exterior |
| Foundation Details | Stone |
| Lot Features | Corner Lot, In Town, Neighborhood, Near Public Transit |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable Available, Phone Available |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
Taxes
| Tax Annual Amount | 6147.44 |
|---|---|
| Tax Year | 2025 |
Area Information
| State | VT |
|---|---|
| County | Washington |
| City | Waterbury |
| Zip Code | 05672 |
| Area | VT Washington |
| Listing VS Median (in 05672) | |
Price: $399,000 low | high Med: $1,259,500 On site: 95 low | high Med: 717 | |
Market Activity 05672
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Learn More About This Property
| State | VT |
|---|---|
| County | Washington |
| City | Waterbury |
| Zip Code | 05672 |
| Area | VT Washington |
| Listing VS Median (in 05672) | |
Price: $399,000 low | high Med: $1,259,500 On site: 95 low | high Med: 717 | |
