Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    132 Main St Brattleboro, VT

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mixed-use historic building in downtown Brattleboro with apartments and commercial.

    Type:OFFICE
    Property size:
    88,000 SF
    Lot size:
    0.96 Acres
    Added:
    Mar 18, 2025
    Days on Market:
    399
    Last Refresh:
    Apr 5 at 8:19 pm

    Property Features for 132 Main St

    General Information

    Standard status
    Active
    Size
    88,000 SF
    Lot size
    0.96 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Tony Blake

    Listing agent Tony Blake

    Listing office V/T Commercial

    Listing date Mar 18, 2025

    Source Moodyscre

    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 V/T Commercial

    Overview

    Historic Mixed-Use Building in Brattleboro

    Brooks House is a mixed-use historic building located in Downtown Brattleboro, VT. The property, originally a premier hotel in New England, was gut renovated in 2011. The building features twenty-three apartment units, six retail spaces, and three office spaces, totaling 88,000 square feet. Brooks House is located in the heart of Brattleboro’s downtown with a Main Street location. The property has a Walk Score of 100, earning it the title of “Walkers Paradise”. All three of Brattleboro’s I-91 exits lead directly to Brooks House, making the property accessible to major New England cities and New York City. The apartment units feature a mix of one-, two- and three-bedroom units with granite countertops, stainless steel appliances, hardwood floors, central air, and in-unit laundry. Brooks House is available on an “as-is” basis.
    Location Intelligence

    Current Use by Public Records

    The Brooks House Real Estate Agency CRJ Consulting Group, ... Association / Organization Downs Rachlin Martin ... Law Firm

    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
    Brattleboro
    County
    Windham
    State
    Vermont
    Longitude
    -72.5586
    Latitude
    42.8531

    Nearby Similar for Sale

    • $300,000

      Brattleboro Garage with High Ceilings

      5,000 SF commercial garage near downtown Brattleboro for sale.
      211 Vernon Street, Brattleboro, VT 05301
      View Details
    • $550,000
      6,466 SF

      Brattleboro Multi-Use Renovated Property

      Renovated multi-use property with apartments, business potential, large yard.
      72 Landmark Hill Drive, Brattleboro, VT 05301
      View Details
    • $5,500,000

      Waterfront Commercial Property with Marina

      Unique waterfront property with restaurant, marina, offices, and apartments.
      464 Putney Road, Brattleboro, VT 05301
      View Details
    • $550,000

      Versatile Commercial Property in Brattleboro

      Multi-use property with recent renovations and investment potential.
      72 Landmark Hill Drive, Brattleboro, VT 05301
      View Details
    • $459,900
      3,064 SF

      Brattleboro Three-Family Home

      Historic three-family home in Brattleboro Center with modern conveniences.
      176 High Street, Brattleboro, VT 05301
      View Details
    • $1,150,000

      Downtown Brattleboro Office Building

      Professional office building with river views in downtown Brattleboro.
      201-205 Main Street, Brattleboro, VT 05301
      View Details
    • $300,000

      Brattleboro Commercial Property on Route 9

      Commercial property on Route 9 with frontage and multiple units.
      503 Marlboro Road, Brattleboro, VT 05301
      View Details
    • $4,000,000

      Waterfront Portfolio with Growth Potential

      Waterfront properties with restaurant, marina, offices, and apartments.
      28 Spring Tree Road, Brattleboro, VT 05301
      View Details
    • $294,000
      2,360 SF

      Brattleboro Multi-Family Turn-Key Investment

      Three-unit multifamily property in Brattleboro, VT, with recent renovations.
      5 Reynolds Drive, Brattleboro, VT 05301
      View Details
    • $325,000
      2,209 SF

      Brattleboro Multi-Family Home

      In-town home with income potential near downtown Brattleboro.
      16 Washington Street, Brattleboro, VT 05301
      View Details
    • $350,000
      3,312 SF

      Spacious Duplex Near Schools

      Duplex near schools, ideal for owner occupancy or investment.
      573 South Main Street, Brattleboro, VT 05301
      View Details
    • $300,000
      1,808 SF

      Brattleboro Multi-Family Property

      Multi-family property in Brattleboro, Vermont, suitable for residential income.
      109 Central Street, Brattleboro, VT 05301
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use historic building in downtown Brattleboro with apartments and commercial.
    Where is this mixed-use property located?
    The property is located at 132 Main St Brattleboro, VT.
    What are key features of this property?
    This property features: Mixed‑use historic building with 23 apartments, 6 retail spaces, and 3 office spaces.; Prime downtown Brattleboro location with a perfect 100 Walk Score.; Gut renovated in 2011.
    (802) 343-0119 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tony Blake
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!