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    Historic Mill Office Building Title is generated by Realmo AI

    110 West Canal Street, Winooski, VT 05404

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    Mill-built office space with high ceilings, natural light, and flexible interiors for modern workgroups near I-89 access.

    Type:Mixed Use
    Property size:
    30,880 SF
    Price / SF:
    $188/SF
    Added:
    Jun 16, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 20 at 3:49 am

    Property Features for 110 West Canal Street

    General Information

    Standard status
    Active
    Size
    30,880 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1900

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    Listing Contact
    Jaeger Nedde
    Jaeger Nedde

    Listing agent Jaeger Nedde License #VT 082.0134772

    Listing office Nedde Real Estate

    Listing date Jun 16, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Nedde Real Estate

    HighLights

    • Built in 1900; originally constructed as a mill
    • Mill‑built office space with high ceilings
    • Short building width designed to provide lots of natural light
    • Flexible interior layout suited for modern office workgroups
    • Located just minutes from I‑89 with access to downtown Winooski and the Burlington metro area

    Overview

    This historic property was originally constructed as a mill and now offers a distinctive architectural setting for office use. Its interior layout is described as flexible, supporting a range of modern workplace configurations. The building’s short width helps bring in natural light throughout the space, and the high ceilings add volume and presence for visitors and daily operations.

    The property is positioned just minutes from I-89, offering practical access to downtown Winooski as well as the Burlington metro area. The location supports convenient regional connectivity for commuting employees and clients.

    For tenants, buyers, or operators seeking character-rich office space, the combination of flexible interiors, abundant natural light, and high-ceiling volumes can support a variety of office styles without being limited to a single layout. Its mill-origin design may be especially appealing for groups that want to differentiate their workplace environment while maintaining straightforward functionality in an office setting. The nearby interstate access can also simplify business travel and client visits within the broader area served by I-89.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $741.1k $24.00
    − Vacancy −$163.0k −$5.28
    EGI $578.1k $18.72
    − OpEx −$144.5k −$4.68
    NOI $433.6k $14.04
    30,880 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $6.19M
    $5.42M – $7.23M (±1% cap)
    NOI $433,555 @ 7.0% cap · market cap 7.44%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $8.47M
    $7.41M – $9.88M (±1% cap)
    NOI $592,896 @ 7.0% cap · market cap 10.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    2Creative Community Community Center Chittenden County Regional ... Government Office Reading Plus Tutoring Service Fuse Advertising Agency LONDONmiddlebury Advertising Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Winooski
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1920191
    Latitude
    44.4901664

    FAQs

    What type of property is this?
    Office building - Mill-built office space with high ceilings, natural light, and flexible interiors for modern workgroups near I-89 access.
    Where is this office building located?
    The property is located at 110 West Canal Street Winooski, VT.
    What is the asking price?
    The asking price for this property is $5,825,000.
    What are key features of this property?
    This property features: Built in 1900; originally constructed as a mill; Mill‑built office space with high ceilings; Short building width designed to provide lots of natural light
    (802) 777-0732 Call to check price and availability
    More about this property
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