This versatile two-unit mixed use building in a prime Castleton location offers a rare opportunity for both investors and owner-occupants. Currently it isa one-bedroom apartment with an additional commercial space, but with approval from the town, the property could be converted into a residential multi-family, featuring a one-bedroom, one-bathroom apartment and a spacious two-bedroom, one-and-a-half-bathroom apartment. The finished basement space provides plenty of storage, making it ideal for tenants or personal use. If you prefer to maintain the property as mixed use, the commercial space is full of potential. Its flexible layout lends itself perfectly to a wide variety of businesses-whether you envision it as an office, hair salon, daycare, or another professional use. Located in a prime Castleton location, this property combines visibility, convenience, and long-term potential. Whether you're looking to expand your investment portfolio or create a home and business space all in one, this is a unique opportunity you won't want to miss.

More Info

Tax Information

Tax Year2026

Building

Year Built1988
ConstructionWood Frame, Wood Siding
NumberOfUnitsInCommunity2
FoundationStone
Square Feet2,525
BasementPartially Finished

Exterior

RoofAsphalt Shingle

Utilities

Heating CoolingBaseboard, Hot Water, Oil

Other

Date Listed09/08/2025

Basic Information

Virtual TourView Tour
StatusACT
Modification Date11/25/2025
TypeBusiness
List Price$269,000
Broker NameCasella Real Estate
Listing Agent NameHughes Group Team
Lister Office NameCasella Real Estate
MLS Number5060214
MLS StatusActive

Legal

Taxes$4,968.88
OtherStructuresBuilding
Zoningmixed use

Location

Building Number21A
StreetPreston Lane
TownCastleton
StateVT
Zip05732
CountyRutland
Address21A Preston Lane

Property

Acreage0.4
Parking Spaces
Property TypeCommercial Sale
AreaVT-Rutland
Lot Sqft17,424

Amenities

PricePerSqFt106.53

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 12, 2026 7:38 PM EST

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21A Preston LaneCastleton, VT 05732MLS Number 5060214

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