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Price Change! reduced by $24,000 down 9% on May 1st 2025
$275,000 | $61 per sq.ft.
Commercial Property, in 5755 US Route 5 Village of Ascutney in Town of Weathersfield VT | Space type MLS# 5034682



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Listed by Jenna Luce RE/MAX Upper Valley on April 3rd 2025
5755 US Route 5 Weathersfield VT 05030


DESCRIPTION


This expansive building offers significant potential for residential or mixed-use development. Originally used as a theatre and grange hall, it retains a charming stage and boasts an open floor plan with soaring ceilings and wood flooring throughout. The structure includes a full bathroom, a partial kitchen, and the framework for two bedrooms--ideal for conversion into a spacious single-family home or potentially a duplex (subject to local zoning and approvals). The building was officially approved for residential use in 2023. Recent upgrades enhance the property's appeal, including a new hot-air oil furnace, full foam insulation, new windows and doors (2018), a new electrical system (2018), and a handicap-accessible ramp to the front entrance. The full, walk-out concrete basement features high ceilings, multiple entry points (including a secondary "dog house" access), and offers excellent additional space for storage or further development. Septic system includes a 1,500-gallon tank and a pump chamber (installed in 2018), connected to a shared septic field rated for 700 gallons/day. The property provides ample parking for at least four vehicles. With flexible zoning, ample space, and key infrastructure already in place, this unique building presents a rare opportunity for creative redevelopment. Conversion to a duplex may be possible with appropriate permitting. Subject to right of first refusal by abutter. Agent has ownership interest.

Building Type : Business | Investment | Office | Opportunity | Retail

Disability Features : 1st Floor 3 Ft. Doors | 1st Floor Full Bathroom | Access Restrooms | Accessibility Features | Handicap Modified

Misc : Fire System

Sale Includes : Land/Building
Signage-| Some
Price per SQFT | 61.11 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
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Phone:603-542-5188
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FEATURES AND DETAILS

CONSTRUCTION:
Wood Frame | Price Per SQ.FT. 61.11 | Year Built: 1940
No. of Units-| 0
Building Size | 4500
Basement: Concrete | Full | Partially Finished | Stairs - Interior | Storage Space | Walkout
Building Type: Business | Investment | Office | Opportunity | Retail
Roof: Standing Seam
Garage And Parking: Off Street | Parking Spaces 1 - 10 | Unpaved
Road Frontage: 105
Heating: Forced Air | Oil
Cooling: None
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable - Available
No. of Docks | 0.
No. of Drive Doors | 4500.

LAND INFORMATION


ADDITIONAL INFORMATION

Lot size: 0.6 acres
Zoned: VILLAGE
Road Frontage: 105
Taxes $0  | Assesed Value $0 in