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    16 Main St Wilmington, VT 05363

    For Sale
    $650,000

    Downtown Wilmington, VT - Prime Retail Opportunity

    Property size:
    2,242 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    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.

    Property Features for 16 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    2,242 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    1840
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Clothing Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Windham
    State
    Vermont
    Longitude
    -72.87244
    Latitude
    42.86895

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    FAQs

    What type of property is this?
    Retail property - Downtown Wilmington, VT - Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 16 Main St Wilmington, VT.
    What is the asking price?
    The asking price for this property is $650,000.
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    Realmo Value Estimation

    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.

    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.

    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
    16 Main St Wilmington, VT 05363
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