199 Summer Street, Springfield, VT 05156
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
199 Summer Street,Springfield, VT 05156
$150,000
- 9 Beds
- 2 Baths
- 12,118 sq. ft.
- Condominium
- Active
Listed by: daire gibney
Office: barrett and valley associates inc.802-875-2323
MLS#:5111439
Source:PrimeMLS
Price summary
- Price:$150,000
- Price per sq. ft.:$12.38
About this home
A substantial redevelopment opportunity on approximately 2.5 acres in Springfield. The property features an approximately 11,500 sq. ft. former school building with municipal water and sewer, established road access, and Medium Density Residential zoning creating a strong foundation for a range of future uses. The scale of the building and site opens the door to several possibilities. Concepts explored for the property include conversion of the existing structure into approximately eight rental apartments, daycare or educational space, community-oriented uses, or a mixed-use project. The surrounding acreage may also lend itself to a broader residential development concept, including the potential for approximately 12 smaller homes, subject to municipal and state permitting and approvals. Springfield provides an appealing setting for residential investment and redevelopment, with 10G fiber availability, convenient access to I-91, Springfield Hospital, and easy connections to the Upper Valley, Okemo Mountain Resort, Woodstock, and the wider Southern Vermont region. For a developer, investor, or organization looking for a property with scale, infrastructure, and multiple avenues for reuse, this is an opportunity worth exploring....
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Home facts
- Year built:1900
- Listing ID #:5111439
- Added:48 day(s) ago
- Updated:November 12, 2026 at 12:03 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:12
- Basement Description:Interior, Partially Finished
- Living area:12,118 sq. ft.
Heating and cooling
- Heating:Hot Water, Radiator
Structure and exterior
- Roof:Slate
- Year built:1900
- Building area:12,118 sq. ft.
- Lot area:2.5 Acres
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$12.38
Features and amenities
- Amenities:On-Site
Parking
- Parking description:Gravel Driveway
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