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    10 Merchants Row Middlebury, VT 05753

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    For Sale
    $9,650,000

    Landmark building with commercial space and renovated apartments in Middlebury.

    Property size:
    68,211 SF
    Lot size:
    0.77 Acres

    Property Features for 10 Merchants Row

    General Information

    Size
    68,211 SF
    Lot size
    0.77 Acres

    Source: Nedde Real Estate Agent Fernando Cresta

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

    Overview

    Historic Mixed-Use Building in Middlebury

    This historic landmark building overlooks downtown Middlebury and the Otter Creek. Originally envisioned as a major commercial center, the property has been modernized to include approximately 28,000 square feet of commercial space and 33 newly renovated loft apartments, featuring one- and two-bedroom layouts. The Battell Block Residences pay homage to the original historic motifs, while providing upscale apartments and convenient downtown living. The apartments offer views of downtown Middlebury and the Otter Creek. The property size is 68,211 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    Addison
    State
    Vermont
    Longitude
    -73.1682029
    Latitude
    44.0136284

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    FAQs

    What type of property is this?
    Apartment building - Landmark building with commercial space and renovated apartments in Middlebury.
    Where is this apartment building located?
    The property is located at 10 Merchants Row Middlebury, VT.
    What is the asking price?
    The asking price for this property is $9,650,000.
    What are key features of this property?
    This property features: - Newly renovated loft apartments with one- and two-bedroom options.; - Prime downtown Middlebury location overlooking Otter Creek.; - Historic landmark building with modernized commercial space.
    (802) 343-1305
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    10 Merchants Row 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
    10 Merchants Row Middlebury, VT 05753
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