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    11 Main St Vergennes, VT 05491

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    For Sale
    $2,750,000

    34,900 SF mixed-use property on 6 acres in Vermont.

    Property size:
    34,900 SF
    Lot size:
    6.94 Acres

    Property Features for 11 Main St

    General Information

    Size
    34,900 SF
    Lot size
    6.94 Acres

    Source: Donahue & Associates Agent Steve Donahue

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

    Overview

    Vergennes Mixed-Use Landmark Property

    This 34,900 square foot mixed-use landmark property is situated on 6 acres of land at the northern gateway of Vergennes, Vermont. The property benefits from a stabilized tenant base, comprising a mix of local and regional businesses. Its location on Route 22A/Main Street offers high exposure and convenient access to the revitalized downtown of Vergennes and surrounding towns. The property has a history of high occupancy, ensuring a steady revenue stream. Recent capital improvements include upgrades to the roof, mechanical systems, windows, heating, cooling, landscaping, and parking lot. Owner financing is available for qualified buyers, with terms to be finalized at the time of sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Vergennes
    County
    Addison
    State
    Vermont
    Longitude
    -73.2451387
    Latitude
    44.1766722

    Nearby Similar for Sale

    • $199,000
      2,100 SF

      Vergennes Mixed-Use Fixer Upper

      Commercial and residential property with potential for additional units.
      13 Main St, Vergennes, VT 05491
      View Details
    • $199,000
      0.10 Acres

      Vergennes Mixed-Use Opportunity

      Commercial and residential property with potential for additional units.
      13 Main St, Vergennes, VT 05491
      View Details

    FAQs

    What type of property is this?
    Office building - 34,900 SF mixed-use property on 6 acres in Vermont.
    Where is this office building located?
    The property is located at 11 Main St Vergennes, VT.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Landmark mixed-use property with 34,900 GSF on 6 acres in Vergennes, Vermont.; - Established and stabilized tenant base with a history of high occupancy, ensuring steady revenue.; - Recent capital improvements including roof, mechanical systems, windows, heating, cooling, landscaping, and parking lot.
    (802) 324-0937
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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
    11 Main St Vergennes, VT 05491
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