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$465,000 | $118 per sq.ft. Commercial Property, in 34 School Street Chester VT | Space type MLS# 5097413



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Listed by The Nancy Jenkins Team Nancy Jenkins Real Estate on June 30th 2026
34 School Street Chester VT 05143


DESCRIPTION


Prime mixed-use investment opportunity on the iconic Chester Green, offering strong visibility, multiple income streams, and timeless village charm. Listed at an attractive 8% cap rate, this unique property features two 1-bedroom, 1-bath residential apartments along with three commercial spaces boasting excellent storefront frontage and a prominent presence in the heart of downtown Chester. Surrounded by historic architecture, vibrant shops, restaurants, and year-round community events, the property enjoys one of the most desirable locations in Southern Vermont. The combination of residential and commercial tenants provides diversification and stability, while the highly walkable setting enhances appeal for both businesses and residents. Whether expanding an investment portfolio or seeking a distinctive asset in a thriving village center, this rare Chester Green offering combines character, visibility, and exceptional income potential. 3D Virtual Tours available upon request.

Sale Includes : Building Only
Traffic Count-|
Price per SQFT | 118.02 Net Income| 37428
Gross Income| 57060
Management Expense-| $0
Insurance Expense -| $0
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FEATURES AND DETAILS

CONSTRUCTION:
Wood Frame | Price Per SQ.FT. 118.02 | Year Built: 1880
No. of Units-| 5
Building Size | 3940
Basement: Unfinished
Roof: Slate
Heating: Baseboard | Propane | Oil
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
No. of Docks | 0.
No. of Drive Doors | 3940.

LAND INFORMATION


ADDITIONAL INFORMATION

Lot size: 0.07 acres
Zoned: Commercial
Surveyed: Unk
Flood Zone: No
Taxes $6,454  | Assesed Value $0 in