88 Mainelli Rd Middlebury, VT 05753-1453
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.
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
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.