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    88 Mainelli Rd Middlebury, VT 05753

    For Sale
    $1,100,000

    Multi-tenant commercial property, high ROI.

    Property size:
    11,694 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a rare chance to acquire a diversified, multi-tenanted commercial property situated in the thriving Middlebury Industrial Park. The 11,694 square foot building, located at 88 Mainelli Road, Middlebury, Vermont, sits on a generous 4.43-acre lot, offering significant potential for future expansion. Constructed in 1979 with a substantial addition completed in 2015, the property boasts a strong occupancy rate with three established tenants. Champlain Valley Creamery occupies approximately 1,680 square feet, Appalachian Gap Distillery utilizes roughly 6,374 square feet, and The Friday Group, a consulting firm, leases approximately 3,320 square feet of office space. A 320 square foot mechanical room is also included. The property benefits from municipal water and sewer services and features a productive 36kW PV solar array, owned by AllEarth Services, contributing to energy efficiency and potential cost savings. The ample remaining land provides significant opportunity for future development, adding considerable value to this already impressive investment. This property offers a compelling combination of established income and significant growth potential in a desirable location. Detailed financial information is available upon request.

    Property Features for 88 Mainelli Rd

    General Information

    Property type
    Investment properties
    Square Feet
    11,694 SF
    Lot Size
    192,971 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    Addison
    State
    Vermont
    Longitude
    -73.16984
    Latitude
    44.03542

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    FAQs

    What type of property is this?
    Investment property - Multi-tenant commercial property, high ROI.
    Where is this investment property located?
    The property is located at 88 Mainelli Rd Middlebury, VT.
    What is the asking price?
    The asking price for this property is $1,100,000.
    Request Owner's contact information
    88 Mainelli Rd Middlebury, VT 05753
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    Middlebury, VT 05753
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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
    88 Mainelli Rd Middlebury, VT 05753
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