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    88 Mainelli Rd Middlebury, VT 05753

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    For Sale
    $1,100,000

    Multi-tenanted commercial property with development potential in Middlebury, VT.

    Property size:
    11,694 SF
    Lot size:
    4.33 Acres

    Property Features for 88 Mainelli Rd

    General Information

    Size
    11,694 SF
    Lot size
    4.33 Acres

    Source: Kingsland Real Estate Agent Duncan S. Harris

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

    Overview

    Diversified Commercial Investment Property

    This multi-tenanted commercial property in Middlebury, Vermont, presents a rare investment opportunity. The building is fully occupied by three tenants: Champlain Valley Creamery (approximately 1,680 square feet), Appalachian Gap Distillery (approximately 6,374 square feet), and The Friday Group, a consulting firm (approximately 3,320 square feet of office space, plus a 320 square foot mechanical room). The property benefits from municipal water and sewer services. An active 36kW PV solar array, owned by All Earth Services, is also present. Ample land is available for additional building development.
    Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    Addison
    State
    Vermont
    Longitude
    -73.1698661
    Latitude
    44.0354458

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    FAQs

    What type of property is this?
    Industrial property - Multi-tenanted commercial property with development potential in Middlebury, VT.
    Where is this industrial property located?
    The property is located at 88 Mainelli Rd Middlebury, VT.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Diversified, multi-tenanted commercial investment property.; - Ample land for additional building development.; - Three established tenants occupy the entire building: **Champlain Valley Creamery, Appalachian Gap Distillery, and The Friday Group.**
    (802) 343-4661
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    88 Mainelli Rd 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
    88 Mainelli Rd Middlebury, VT 05753
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