Price Reduced after just 3 weeks on market! Priced to sell. Set on approximately 2.5 acres, the property includes a roughly 11,500 sq. ft. former school building with road access, municipal water and sewer, and Medium Density Residential zoning. This property offers significant potential for multifamily housing, residential development, or a mixed-use concept. Potential redevelopment paths include converting the building into 8 rental apartments, daycare or educational space, community space, or a mixed-use project. The larger site may also support additional development concepts, including approximately 12 small homes, subject to permitting. Springfield continues to benefit from 10G fiber availability, access to I-91, Springfield Hospital, and proximity to Okemo, and Woodstock. With existing residential zoning this property is well-suited for developers or investors. Floor plan and inspection available upon request.
| MLS # | 5092901 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 1920 |
| Days On Site | 78 |
| Listing Provided By | OwnerEntry.com | Dave White |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 20 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | r |
| Acreage | 2.50 |
| Rooms Total | 12 |
|---|---|
| Cooling | None |
| Heating | Hot Water, Radiator |
| Roof | Other |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Brick/Mortar, Other |
| Lot Features | Other |
| Garage Yes / No | No |
|---|
| Utilities | Other |
|---|---|
| Electric | On-Site |
| Sewer | Public Sewer |
| Tax Annual Amount | 3793 |
|---|---|
| Tax Year | 2025 |
| State | VT |
|---|---|
| County | Windsor |
| City | Springfield |
| Zip Code | 05156 |
| Area | VT Windsor |
| Listing VS Median (in 05156) | |
Price: $199,000 low | high Med: $2,295,000 On site: 78 low | high Med: 445 | |
| State | VT |
|---|---|
| County | Windsor |
| City | Springfield |
| Zip Code | 05156 |
| Area | VT Windsor |
| Listing VS Median (in 05156) | |
Price: $199,000 low | high Med: $2,295,000 On site: 78 low | high Med: 445 | |