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    5081 Main St Manchester, VT 05255

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    For Lease
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    Commercial For Lease - Manchester, VT

    Property size:
    2,303 SF
    Lot size:
    0.26 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 15 at 6:06 am

    Property Features for 5081 Main St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU1
    Rooms
    Basement
    Basement Y/N
    1
    Size
    2,303 SF
    Lot size
    0.26 Acres

    Building Details

    Year built
    1820
    Number of units
    2
    Roof type
    Slate
    Architectural style
    Other

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    Listing Contact
    Marek Kovac
    Marek Kovac

    TPW Real Estate (802) 366-1430

    Listing agent Marek Kovac (802) 366-1430

    Listing date Mar 10, 2026

    MLS# 5071724 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Space in Manchester

    Located in a prime Main Street location in Manchester Center, this commercial space offers 2,303 square feet of space. The layout is adaptable for retail, studio, showroom, office, professional, or service-oriented uses. The landlord will consider a variety of commercial uses consistent with the village setting. The space may be split to provide approximately 1,177 square feet on the first floor and 1,126 square feet on the second floor. The second floor has separate access, offering additional flexibility in how the space may be configured. The building features updated systems, a strong street presence, large display windows, flexible entry options, restroom access, and easy access from Route 7A and the Manchester roundabout. A small office tenant currently occupies a suite on the third floor. The property has excellent visibility, strong foot and vehicle traffic, and convenient on-site parking. The lease is triple-net (NNN). Tenant pays base rent plus a proportionate share of taxes, insurance, and common operating expenses, along with a proportionate share of any non-metered utilities. Separately metered utilities, if any, are paid directly by tenant. The property is located on a 0.26-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northshire Living Marketing & Advertising

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Bennington
    State
    Vermont
    Longitude
    -73.0530907
    Latitude
    43.1778425

    Nearby Similar for Lease

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      17,600 SF

      Manchester Retail Center - For Lease

      17,600 SF Retail Space Available in Vermont
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    FAQs

    What type of property is this?
    Retail space - Highly visible commercial space for lease in Manchester Center.
    Where is this retail space located?
    The property is located at 5081 Main St Manchester, VT.
    What are key features of this property?
    This property features: - Prime Main Street location in Manchester Center with excellent visibility and strong foot/vehicle traffic.; - Spacious 2,303 SF adaptable space suitable for retail, studio, office, or service-oriented uses.; - Flexible layout with potential to split into two units and separate second-floor access.
    (802) 366-1430
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    5081 Main St Manchester, VT 05255
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    Manchester, VT 05255
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5081 Main St Manchester, VT 05255
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    We can help!
    Listing Contact
    Marek Kovac
    Marek Kovac
    Real Estate License ID: 0820117501
    (802) 366-1430
    Learn more
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