Historic Mixed-Use Investment with 3 Income-Producing Units
Business Description
Now offered for sale is one of Jeffersonville's most recognizable commercial properties—a rare opportunity to own a historic mixed-use investment featuring three income-producing units, two fully equipped commercial restaurant spaces, and a spacious owner's residence in the heart of one of Vermont's premier four-season destinations.
For more than 22 years, the downstairs restaurant operated successfully as the beloved 158 Main Restaurant & Bakery, serving both locals and visitors. The upstairs commercial kitchen and dining space also boasts an impressive history, operating as the well-known Jeffersonville Pizza Department for approximately 16 years before transitioning to commercial tenants. Together, these long-established businesses helped make this property a local landmark with a proven track record of success.
Today, the property offers immediate cash flow with three established income-producing leases already in place:
Downstairs commercial restaurant space (currently leased)
Upstairs commercial kitchen and dining space (currently leased)
Residential owner's living quarters - upstairs studio only (currently leased)
Whether you continue operating the property as a fully leased investment, occupy one of the commercial spaces for your own business, or re-establish a restaurant, bakery, brewery, café, or other hospitality concept, this property's versatility creates exceptional long-term value.
Property Highlights
Approximately 5,400 square feet of mixed-use space
Two fully equipped commercial kitchens with separate dining areas
Original vintage commercial bread oven
Historic Vermont character and charm
Ample on-site parking
Prime downtown Jeffersonville location
Minutes from Smugglers' Notch Resort and year-round tourism
Three established income-producing units
Multiple commercial and residential income opportunities
Owner's Residence
The property also includes a spacious residential living area featuring:
2-bedroom, 2-bathroom owner's suite
Separate private-entry studio apartment
Flexible use for owner occupancy, employee housing, guest accommodations, long-term rental, or short-term rental (subject to local regulations)
Endless Possibilities
This exceptional property is ideal for investors seeking immediate cash flow, restaurateurs looking for a proven location, or entrepreneurs searching for a unique live/work opportunity. Continue collecting rental income from day one, occupy one of the commercial spaces while maintaining existing leases, or bring your own vision to this highly adaptable property.
Properties offering multiple income streams, two commercial restaurant spaces, residential living accommodations, decades of proven operating history, and a premier Vermont location rarely become available. This is more than a commercial building—it's an opportunity to own a cornerstone property with established income, exceptional flexibility, and tremendous potential for future growth.
For more than 22 years, the downstairs restaurant operated successfully as the beloved 158 Main Restaurant & Bakery, serving both locals and visitors. The upstairs commercial kitchen and dining space also boasts an impressive history, operating as the well-known Jeffersonville Pizza Department for approximately 16 years before transitioning to commercial tenants. Together, these long-established businesses helped make this property a local landmark with a proven track record of success.
Today, the property offers immediate cash flow with three established income-producing leases already in place:
Downstairs commercial restaurant space (currently leased)
Upstairs commercial kitchen and dining space (currently leased)
Residential owner's living quarters - upstairs studio only (currently leased)
Whether you continue operating the property as a fully leased investment, occupy one of the commercial spaces for your own business, or re-establish a restaurant, bakery, brewery, café, or other hospitality concept, this property's versatility creates exceptional long-term value.
Property Highlights
Approximately 5,400 square feet of mixed-use space
Two fully equipped commercial kitchens with separate dining areas
Original vintage commercial bread oven
Historic Vermont character and charm
Ample on-site parking
Prime downtown Jeffersonville location
Minutes from Smugglers' Notch Resort and year-round tourism
Three established income-producing units
Multiple commercial and residential income opportunities
Owner's Residence
The property also includes a spacious residential living area featuring:
2-bedroom, 2-bathroom owner's suite
Separate private-entry studio apartment
Flexible use for owner occupancy, employee housing, guest accommodations, long-term rental, or short-term rental (subject to local regulations)
Endless Possibilities
This exceptional property is ideal for investors seeking immediate cash flow, restaurateurs looking for a proven location, or entrepreneurs searching for a unique live/work opportunity. Continue collecting rental income from day one, occupy one of the commercial spaces while maintaining existing leases, or bring your own vision to this highly adaptable property.
Properties offering multiple income streams, two commercial restaurant spaces, residential living accommodations, decades of proven operating history, and a premier Vermont location rarely become available. This is more than a commercial building—it's an opportunity to own a cornerstone property with established income, exceptional flexibility, and tremendous potential for future growth.
About the Business
- Years in Operation
- 22
- Facilities & Assets
- Approximately 5,400 square feet of mixed-use building space
Two fully equipped commercial kitchens with separate dining areas
Fully operational vintage commercial bread oven
Two income-producing commercial tenant spaces
Residential owner's suite featuring a 2-bedroom, 2-bathroom living area
Separate studio apartment with private entrance
Three existing income streams
Ample on-site parking
High-visibility Main Street location in downtown Jeffersonville
Minutes from Smugglers' Notch Resort and year-round tourism
Historic Vermont charm and character
Flexible mixed-use zoning with live/work potential (buyer to verify permitted uses)
Proven location with nearly four decades of successful restaurant operations between the two commercial spaces
This unique property offers immediate rental income while providing exceptional flexibility for future owner occupancy, investment, restaurant, bakery, café, brewery, catering, or other hospitality concepts. - Website
- https://158main.com/
- Market Outlook / Competition
- The property is located in the heart of Jeffersonville, Vermont, a vibrant four-season destination attracting both local residents and visitors year-round. Situated just minutes from Smugglers' Notch Resort, the area benefits from consistent tourism generated by skiing, hiking, mountain biking, weddings, festivals, and seasonal events.
The building has a long-established reputation, having successfully operated as the 158 Main Restaurant & Bakery for more than 22 years, while the upstairs commercial kitchen and dining space operated as the Jeffersonville Pizza Department for approximately 16 years. This proven history demonstrates strong demand for food and hospitality businesses at this location.
The property is well positioned to serve both local residents and tourists. Its established presence, high visibility, ample parking, and flexible mixed-use layout create a competitive advantage that would be difficult to replicate today. - Opportunities for Growth
- The property's flexible layout provides numerous opportunities for future growth. A new owner may continue operating the building as an income-producing investment with multiple tenants or choose to occupy one or both commercial spaces.
Potential opportunities include reopening a full-service restaurant, bakery, café, brewery, wine bar, catering operation, deli, event venue, or specialty food concept. The fully equipped commercial kitchens and existing restaurant infrastructure significantly reduce startup costs compared to building a new facility.
Additional income opportunities include expanding catering services, hosting private events, utilizing the residential spaces for employee housing or short-term rentals (subject to local regulations), or increasing rental income over time as leases renew. The property's location near Smugglers Notch Resort provides year-round exposure to tourists and local residents, offering continued potential for longterm appreciation and business growth.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,400
About the Sale
- Seller Motivation
- Retirement & relocation to FL to spend more time with family and grandchildren.
Listing Info
- ID
- 2505283
- Listing Views
- 121
Business Location
Listing ID: 2505283 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.




