199,000

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.