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    Unique Morristown Commercial Property Title is generated by Realmo AI

    83 Maple Street, Morristown, VT 05661

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    Claim this Listing
    For Sale
    $2,495,000

    Commercial For Sale - Morristown, VT

    Lot size:
    1.06 Acres
    Added:
    Nov 1, 2025
    Days on Market:
    212
    Last Refresh:
    May 31 at 12:06 pm

    Property Features for 83 Maple Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    MDR-1
    Rooms
    Basement
    Basement Y/N
    1
    Standard status
    Active
    Lot size
    1.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    36094.24

    Building Details

    Year built
    1885
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Nancy duMont

    Listing agent Nancy duMont

    Listing office Pall Spera Company Realtors-Stowe Village 62 Main St, Stowe, VT

    Listing date Nov 1, 2025

    MLS# 5068333 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.

    HighLights

    • Substantial income flow and potential development opportunity in a prime location adjacent to Copley Country Club.
    • Enjoy the indoor swimming pool with waterfall, fiber optic lighted celestial ceiling, hot tubs, and poolside bar.
    • Currently operating as an Inn, wedding venue, Airbnb, and retreat destination.
    • Four private, self‑contained suites, each with kitchenette, full bath, and balcony/courtyard.
    • Includes a 3‑bedroom farmhouse suitable for a live‑in owner.
    • Gold painted, 45‑seat movie theater with tiered seating and surround sound.

    Overview

    This commercial property in Morristown, Vermont, presents an investment opportunity with substantial income flow and potential development options. The property, located adjacent to the Copley Country Club in the village of Morrisville, features a 45-seat movie theater with tiered seating and surround sound. An indoor swimming pool includes a waterfall, hand-painted fiber optic lighted celestial ceiling, private changing rooms, indoor and outdoor hot tubs, and a poolside bar. The property has operated as an inn with a live-in manager, a wedding venue, an Airbnb, and a retreat destination. It is situated 9 miles from Stowe, central to Smuggler's Notch and Jay Peak Resort, and 4.5 miles from Lake Elmore. Architectural details include a formal foyer with blue stone and blue pearl granite, a great room with coffered-lighted ceilings, columns, a temp cast solid stone firebox hearth/oven, iron-trimmed stained glass, antique chandeliers and light fixtures, curved archways, a circular staircase, hand-shaved wormwood chestnut doors, and a gated courtyard with a wrought iron fence. French doors open to a European-inspired backyard. The property includes four private, self-contained suites, each with a kitchenette, full bath, and balcony/courtyard. A three-bedroom farmhouse offers a live-in owner opportunity. The 1.06-acre lot has potential for additional building lots, subject to town zoning regulations, development review, and state permitting. Development on the property may impact parking for the existing building, and future development is not guaranteed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

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

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

    Similar Places Nearby

    • Maple House Manor — 83 Maple St, Morrisville, VT 05661
    • Farr Oasis — 262 Farr Ave, Morristown, VT 05661

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Lamoille
    State
    Vermont
    Longitude
    -72.593792
    Latitude
    44.559572

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    FAQs

    What type of property is this?
    Bed & breakfast - Commercial property with diverse income streams and development potential.
    Where is this bed & breakfast located?
    The property is located at 83 Maple Street Morristown, VT.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: Substantial income flow and potential development opportunity in a prime location adjacent to Copley Country Club.; Enjoy the indoor swimming pool with waterfall, fiber optic lighted celestial ceiling, hot tubs, and poolside bar.; Currently operating as an Inn, wedding venue, Airbnb, and retreat destination.
    (802) 793-1430
    We can help!
    Listing Contact
    Nancy duMont
    Request Owner's contact information
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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
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