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    Turn-Key Commercial Condo in Woodstock Title is generated by Realmo AI

    217 Maxham Meadow Way 41BN, Wood Stock, VT 05091

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    For Sale
    $299,000

    Flexible commercial condo in Woodstock's Mill Building, ready for new enterprise.

    Type:Commercial
    Added:
    May 14, 2026
    Days on Market:
    16
    Last Refresh:
    May 14 at 11:56 am

    Property Features for 217 Maxham Meadow Way 41BN

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1986

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    Listing Contact
    John Wetmore

    Listing agent John Wetmore

    Listing office Wetmore Real Estate

    Listing date May 14, 2026

    Source Elliman

    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 Wetmore Real Estate

    HighLights

    • Turn‑key commercial condominium with flexible open floor plan suitable for retail, office, or childcare.
    • Convenient Woodstock location in the well‑known Mill Building.
    • Includes a complete kitchen/break area with stainless steel refrigerator, sink, dishwasher, microwave, washer, and dryer.
    • Features two half bathrooms, storage loft, and a ten‑foot high garage style door.
    • Benefits from municipal water and sewer connections, plus extensive free parking.
    • Located near the Ottauquechee River Trail, providing scenic access to Woodstock Village.

    Overview

    This flexible commercial condominium is located in a convenient Woodstock location within the well-known commercial landmark "The Mill." Recently utilized as a child care center, the open floor plan allows for easy transition into a stylish retail space or a contemporary office. The unit features a 39'x24' open interior space, two half bathrooms, a complete kitchen/break area with a full-size stainless steel refrigerator, kitchen sink, dishwasher, microwave oven, and a full-size washer and dryer. Additional amenities include two water fountains, a storage loft, a ten-foot-high ceiling, clean hard flooring, a mini-split for heating and cooling, and a ten-foot-high garage-style door. The interior's flexibility is unlimited, allowing for transition to a new enterprise without requiring infrastructure changes. The commercial condominium unit is on the ground floor and benefits from connection to the municipal sewer, Woodstock Aqueduct municipal water, and extensive free parking on a paved lot. The recently completed Ottauquechee River Trail passes nearby, providing a scenic walking path leading into Woodstock Village along the picturesque river and through East End Park. This contemporary clear-span space is in turn-key condition.
    Location Intelligence

    Current Use by Public Records

    Schulz Excavation Inc. General Contractor Neil Marinello, PSY Physician Woodstock Community Food ... Food Bank Dr. Jedidiah L. ... Dental Office The Chiropractic & Wellness Studio, ... Alternative Medicine Practice

    Map

    City
    Wood Stock
    County
    Windsor
    State
    Vermont
    Longitude
    -72.517067
    Latitude
    43.666605

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    FAQs

    What type of property is this?
    Day care center - Flexible commercial condo in Woodstock's Mill Building, ready for new enterprise.
    Where is this day care center located?
    The property is located at 217 Maxham Meadow Way 41BN Wood Stock, VT.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Turn‑key commercial condominium with flexible open floor plan suitable for retail, office, or childcare.; Convenient Woodstock location in the well‑known Mill Building.; Includes a complete kitchen/break area with stainless steel refrigerator, sink, dishwasher, microwave, washer, and dryer.
    (802) 457-1515
    We can help!
    Listing Contact
    John Wetmore
    Learn More
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    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.

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