3 Elm ST, Woodstock, VT 05091 – 5045785 - Gail Beardmore

Key Details

Property Type Commercial

Sub Type Development,Hospitality,Investment,Office,Opportunity,Other,Retail

Listing Status Active

Purchase Type For Sale

Square Footage 14,205 sqft

Price per Sqft $154

MLS Listing ID 5045785

Year Built 1850

Annual Tax Amount $27,345

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Development,Hospitality,Investment,Office,Opportunity,Other,Retail

Property Description

The prime commercial location in well known Woodstock Village! A corner restaurant, in this landmark building, has historically been the favorite "watering hole" that almost every visitor to Woodstock easily remembers. While this 3 story building is certainly large in size, the scope of the development potential is even greater! Currently, the lower levels of the building are anchored by a 5000 sq. ft. restaurant/bar, a 1900 sq. ft. retail specialty store and a 800 sq. ft. real estate office. Current 2nd floor tenants are a law office, a real estate office and offices for the restaurant enterprise. Additional quality 2nd floor spaces are available, for retail or offices! A 3rd floor, with dramatic views of village life and distant hillsides, is a blank slate awaiting creative repurposing! Woodstock's Central Commercial zoning allows the possibility for mixed use of the property. The existing tenants are enthusiastic about the potential of the property and are advocates for the value of the location! Broad community support exists to encourage the renovation of the property. The acquisition cost is the 1st investment. The renovation expense will be substantial. A phased development approach, nurtured with an influx of cash flow generated by current tenants, could result in creation of a dynamic new anchor for the commercial center of historic Woodstock Village! The location is prime! The enormous potential is obvious! An entrepreneurial opportunity in Woodstock Village awaits!

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning Central Commercial

Rooms

Basement Entrance Interior

Basement Climate Controlled,Concrete Floor,Partial,Partially Finished,Stairs - Interior,Storage Space,Unfinished,Interior Access

Interior

Cooling Wall AC Units,Mini Split

Inclusions Land/Building

Equipment CO Detector,Smoke Detector,Window AC,Air Conditioner

Exterior

Parking Features On-Site,Parking Spaces 2,Paved,Reserved

Garage Description On-Site,Parking Spaces 2,Paved,Reserved

Utilities Available Cable - At Site,Gas - LP/Bottle,Telephone At Site

Roof Type Membrane

Building

Foundation Concrete,Stone

Sewer Public