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Well-located mixed-use investment property along the Route 7 corridor, equidistant between Middlebury and Rutland and just minutes from downtown Brandon. The main building features a street-level commercial space currently operating as a successful yoga/pilates studio (with specialized heating for hot yoga), offering excellent visibility and ample on-site parking. Residential components include a two-bedroom apartment (7 total rooms) in the main building and a detached garage with a one-bedroom studio apartment above, providing multiple income streams and flexible use options. The property offers sunset views and a peaceful setting with a cemetery across the street, while remaining conveniently close to Brandon's shops, dining, and community amenities. Ideal for investors seeking a combination of commercial and residential income in a central Vermont location or an owner-occupied property with help carrying the costs by supplementing with rental income. Maybe you're looking for a recreational get-away? A property that allows you a home-away-from-home with easy access to places like Killington/Pico, Okemo, Stowe, Rikert Touring Center or miles of paved and gravel roads nearby for biking and plenty of peaks to climb! Room and bathroom counts, as well as square footage totals on this listing are for all three units. Main Apt: 2 bedrooms (one is on main floor) and an office with a closet, 3/4 bath, full bath, kitchen, living, dining and family room. Studio: studio space, body work room, entry, changing rooms, shower stall is separate from the 1/2 bath. Garage studio apt above 2 bay heated garage: kitchen, living area, bedroom area and 3/4 bath. Rents are currently below fair market rent but the residential tenants will be moving soon so there is opportunity to increase cash flow

Property Details of 1330 & 1340 Grove Street

Property Details

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Exterior Features

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Nearest Landvest Office

Burlington & Lake Champlain Valley

Burlington & Lake Champlain Valley

33 Harbor Road, PO Box 339,
Shelburne, VT 05482

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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 May 19, 2026 6:53 PM EDT

 

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