This versatile two-unit mixed use building in a prime Castleton location offers a rare opportunity for both investors and owner-occupants. Currently it is a 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.
Lot & Building Features
UtilitiesTelephone Available
ConstructionWood Siding, Wood Frame
CoolingCentral AC
HeatingHot Water, Baseboard, Oil
SewerPublic
Tax Year2026
Taxes Paid$4,968
WaterPublic
Basement DescriptionPartially Finished
FoundationStone
Lot DescriptionLevel
RoofAsphalt Shingle
Features ExteriorCovered Porch
GarageNo
Unit Features
Unit 1 Baths2
Unit 1 Bedrooms0
Unit 1 InfoAir Conditioner, Heat Included, Storage, Electric Range, Refrigerator
Unit 1 Level Number1
Unit 1 Rooms4
Unit 1 StatusVacant
Unit 1 StyleOffice/apartment
Unit 2 Baths1
Unit 2 Bedrooms1
Unit 2 InfoHeat Included, Appliances Included
Unit 2 Lease TermMonth to Month
Unit 2 Level Number1
Unit 2 Rental Amount825.00
Unit 2 Rental Amt FreqMonthly
Unit 2 Rooms3
Unit 2 StatusLeased
Unit 2 StyleResidential
Unit 2 Tenant PaysElectric
Price History of 21A Preston Lane
Date
Name
Price
Difference
09/08/2025
Listing Price
$269,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
21A Preston Lane (MLS #5060211) is a single level multi-family listing located in Castleton, VT.
This multi-family listing is 2,525 sqft and on a lot of 17,424 sqft (or 0.40 acres) with 1 bedrooms, 3 baths and is 38 years old. This property was listed on 09/08/2025 and has been priced for sale at $269,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Casella Real Estate
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 07/15/2026
