16 Main St, Wilmington, VT 05363
This exceptional commercial property in downtown Wilmington, Vermont presents a rare investment opportunity. The 0.65-acre lot boasts significant road frontage and includes two structures: a retail building and a substantial barn. The retail building, totaling 2,242 square feet, offers versatile space. Its layout includes five ground-floor rooms currently used for retail operations, plus three upper-level rooms and two bathrooms. The established business, "The Incurable Romantic," is included in the sale, along with existing inventory. Adjacent to the retail space is a large 60x30 foot barn featuring seven stalls, a garage, and an upper hayloft, currently used for storage and display. This barn offers significant potential for expansion or repurposing. The property also includes five parking spaces, currently leased to a neighboring business, the Crafts Inn, providing additional income potential. This unique combination of retail space, ample storage, and parking makes this property ideal for a variety of commercial uses. The property's prime downtown location ensures high visibility and accessibility, making it an attractive investment for both established businesses and new ventures. The existing business and inventory provide a solid foundation for immediate revenue generation. This is a truly unique opportunity to acquire a substantial commercial property in a desirable Vermont town.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CM · Wilmington, VTWilmington. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.