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 Show Phone

Source: Crexi

Added: Aug 14, 2025 Changed: Oct 25 Last Checked: Oct 28 at 6:12AM

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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

Who owns this building? See the owner, sales and loan history

Open Analytics

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

Explore this area Business Placement

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

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.