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Historic Mixed-Use Building in Middlebury
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10 Merchants Row, Middlebury, VT 05753

Landmark building with commercial space and renovated apartments in Middlebury.

Property Size68,211 SF
Price / SF$140.23
Days on Market396

Property Features for 10 Merchants Row

General Information

Standard status Active
Size 68,211 SF
Property subtype Mixed Use, Multifamily, Retail
Zoning Commercial
Occupancy 95%
Investment Type Stabilized
Net Operating Income $718,980

Building Details

Year Built 1900
Year Renovated 2017
Stories 5
Units 41
Listing Agency: Nedde Real Estate
Listed By: Jaeger Nedde · License #VT 082.0134772
Source: Crexi
Added: Aug 14, 2025 Changed: Sep 8 Last Checked: Sep 12 at 7:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nedde Real Estate

Investment Insights

Based on property information with market context.

This historic landmark building overlooks downtown Middlebury and the Otter Creek. Originally envisioned as a major commercial center, the property has been modernized to include approximately 28,000 square feet of commercial space and 33 newly renovated loft apartments, featuring one- and two-bedroom layouts. The Battell Block Residences pay homage to the original historic motifs, while providing upscale apartments and convenient downtown living. The apartments offer views of downtown Middlebury and the Otter Creek. The property size is 68,211 square feet.

Key Highlights

  • Newly renovated loft apartments with one- and two‑bedroom options.
  • Prime downtown Middlebury location overlooking Otter Creek.
  • Historic landmark building with modernized commercial space.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Kitchen & Bath Showroom Plumbing Service Locksmith Electrical Service Carpet & Flooring Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby

Demographics for 05753, VT

11,113
Population
4,266
Households
2.6
Avg Household Size
36
Median Age
56%
College-Educated
96%
High-School Grad
83.8 sq mi
ZIP Area
133
Density / Sq Mi
$87,340
Median Household Income
$20,087
Median Earnings
$1,199
Median Rent
$383,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Landmark building with commercial space and renovated apartments in Middlebury.
Where is this apartment building located?
The property is located at 10 Merchants Row Middlebury, VT.
What is the asking price?
The asking price for this property is $9,565,000.
What are key features of this property?
This property features: Newly renovated loft apartments with one- and two‑bedroom options.; Prime downtown Middlebury location overlooking Otter Creek.; Historic landmark building with modernized commercial space.
(802) 777-0732 Call to check price and availability
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